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Money Guy Show

Is a $100k Income STILL Enough to Buy the American Dream? | Making a Millionaire

Money Guy Show

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

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

4.62.8K Ratings

🗓️ 28 April 2025

⏱️ 52 minutes

🧾️ Download transcript

Summary

Daniel and Hannah are navigating the messy middle - raising kids, building careers, and working toward big financial goals (like homeownership and financial independence). We talk about budgeting on a $100K income, the tough trade-offs between Roth contributions and emergency savings, and the pressure to "do it all" while staying grounded. Can we help set an intentional plan today for their great big beautiful tomorrow? 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

Click on a timestamp to play from that location

0:00.0

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0:22.0

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0:24.5

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0:29.9

We feel like we're making as many right decisions as we possibly can.

0:33.1

We're thin with this.

0:34.1

We're frugal with that.

0:35.4

We try to be good stewards.

0:36.7

We try to set our future selves up for success. And then we still, at the end of the month, we're like, I'm doing

0:40.9

something wrong. In the messy middle, you've now got to figure out what's the sacrifice. I'm seeing

0:45.5

a lot of goals, but I've seen a lot of hard decisions. I'm Daniel. I'm 31 years old. And I'm Hannah. I'm 31 years old.

0:55.7

And I'm Hannah. I'm 28 years old.

0:57.3

And we're from Dothan, Alabama.

0:58.8

And welcome to making a millionaire.

1:00.3

I am so excited because this is the show where we get to talk to millionaires and millionaires in the making.

1:05.9

And today is no different.

1:07.5

We are joined by Daniel and Hannah.

1:08.9

Guys, thanks so much for being here with us today. Thank you for having us. We're excited. We are joined by Daniel and Hannah. Guys, thanks so much for being here with us today.

1:11.2

Thank you for having us. We're excited. We are, that's my line. That's my line. I didn't even

1:15.5

mean to say that. So why do you this? Walk through, who are you guys? What are your names? What are

1:20.2

your ages? What do you do for a living? What's the family situation? Walk us through that real quick. I'm Daniel. I'm 31 years old and I work at a small business where a print shop and

1:28.7

marketing and design firm. I've been there for a couple years. I'm Hannah. I'm 28. I am a music teacher

1:34.9

at a local elementary school. I also teach computer science kind of on the side. We have two beautiful

...

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