Is the Financial Institution Against You?

Money Guy Show

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

Education, Investing, Business

4.7 • 3.1K Ratings

🗓️ 28 April 2021

⏱️ 72 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

We were recently sent an article called, "It’s Not What You Earn, But What Your Parents Have that Truly Counts." So... if your parents weren't rich, should you stop expecting to have wealth? Is there data to support this claim? Join us in this episode to hear our (very strong) opinions on this article, then we'll answer your questions! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Seriously, is the financial system against you?
0:03.0	It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,
0:10.3	investing, taxes.
0:12.4	You've got financial questions, he's got financial answers.
0:16.0	It's Brian Preston, the money guy.
0:18.8	Yeah, Brian, this is a show I'm excited for us to jump into because you shared an article.
0:24.3	I don't even remember where this came from.
0:26.0	I think it was...
0:27.0	No, you know where it came from.
0:28.9	James.
0:29.9	James, James always comes with the good content for us.
0:32.5	He said this is article.
0:33.5	I'm going to be honest, it kind of upset me.
0:35.5	It kind of ticked me off a little bit.
0:37.1	Would you agree with that assessment?
0:39.2	Well, I think it's a little hard and loose with the facts.
0:42.8	Fair enough.
0:43.8	Let me get into this is that I feel like there are some unique things that are going on
0:51.5	out there in the financial world right now.
0:53.7	We know student loans issue.
0:56.1	Sure.
0:57.1	We know housing, like the cost of construction and inventory is an issue.
	...

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