I Save, They Spend - What Do We Do?

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Retirement, Moneyadvice, Investing, Savingmoney, Personalfinance, Business

4.6 • 2.8K Ratings

🗓️ 7 April 2025

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

A tale as old as time: a saver and a spender end up together. What is the solution? We can't promise to solve your relationship problems, but we can promise we'll try to answer your financial questions! After answering that question, we dive deep into others including someone new to the FOO, a situation built for emergency reserves, and a HUGE inheritance! Jump start your journey with our FREE financial resources Reach your goals faster with our products Take the relationship to the next level: become a client Subscribe on YouTube for early access and go beyond the podcast Connect with us on social media for more content Bring confidence to your wealth building with simplified strategies from The Money Guy. Learn how to apply financial tactics that go beyond common sense and help you reach your money goals faster. Make your assets do the heavy lifting so you can quit worrying and start living a more fulfilled life. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:35.5	I save. They spend, what do we do?
0:39.5	Ryan, I am so excited to talk about this because not all financial mutants are created.
0:45.5	As a matter of fact, some people aren't even actually financial mutants.
0:49.2	And I love that we get to speak into the space about how to bring those people together.
0:53.8	I also love that we get to speak into the questions about how to bring those people together. I also love that we get
0:55.1	to speak into the questions and the things that you guys are curious about. That's why every
0:59.9	Tuesday morning at 10 a.m., we like to load you up. So if you have a question, you want us to
1:05.2	weigh in on. You want to get our take on it. You can get it in the chat right now. We have
1:09.9	the team out in the wings
1:11.3	collecting those questions because we believe that there's a better way to do money and we
1:16.0	believe you can do it better. So with that, creative director, Reby, I'm going to throw it over to
1:21.1	you. We're going to kick it off with that question about being a saver versus a spender from
1:25.4	Zachary Kay. He says, I'm the saver and my wife is the
1:29.3	spender. Do the money guys have a framework for money conversations with your spouse,
1:35.3	especially when you are wired differently? What do you think? Well, I will, because I want
1:39.8	Bo to share because I wrote on his coattails a little bit this year, but I want to give Zachary
1:45.6	some just close to 30-year relationship advice. If you highlight this too on the nose,
1:53.2	it's not going to go the way you want it to go. So I would try to create what I call win-win
1:59.0	situations or scenarios where it's positive conversations
2:02.3	where you can take the power out of the money conversation altogether, because that's really
	...

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