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Money Guy Show

Is the American Dream DEAD?!

Money Guy Show

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

Investing, Education, Business

4.73.1K Ratings

🗓️ 13 August 2021

⏱️ 60 minutes

🧾️ Download transcript

Summary

The American life is different. But is The American Dream no longer possible? With advances in technology, a more globalized and digital world, and a pandemic in 2020 that created a seismic shift in what is now considered "normal", it makes sense to revisit whether or not The American Dream still exists, and, if it doesn't, what happened to it? How can Americans find success today? For more information, visit: https://www.moneyguy.com/2021/08/is-the-american-dream-dead/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

serious question is the American dream dead it's Brian Preston the money guy

0:07.1

restoring order to your financial chaos retirement investing taxi you got

0:13.9

financial questions he's got financial answers it's Brian Preston the money guy

0:19.7

yeah bront I'm excited about this show because I think this is gonna be one

0:24.1

that's a little surprising right so a lot of folks have saying you know things

0:28.8

are different times are different we're in a new paradigm or new shift and one

0:33.6

of the things that's been affected by that shift is the traditional idea of

0:37.4

the American dream boat if we were defining American dream walk through what

0:43.6

exactly was the American dream and why is this even a thing yes so the

0:47.4

American dream you know back back in the day it was a marker of success it was

0:53.4

the thing that said hey if you know if I am starting out on my journey I'm

0:58.0

gonna pursue this thing and if I accomplish these things it will mean I was

1:02.5

successful I've done the things that I was supposed to do off ended up in the

1:05.8

place I'm supposed to be and that was the American dream and I see Daniel put

1:11.3

the white picket fence in the thumbnail there so we're talking about the

1:16.1

basics here like owning a home we're talking about getting married and then

1:20.2

having a family was where those kind of is that really kind of the corner

1:23.9

that was it of the American dream career family home ownership like if you

1:28.3

had those three things you were moving in a positive direction and why were

1:32.8

those societal norms kind of what was considered good yeah I think the big

1:36.8

reason is they were it they were individually markers of success and there

1:41.0

were some interesting things there was an interesting study that came out

...

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