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Money Guy Show

Lessons Learned From Celebrity Mistakes

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

🗓️ 7 December 2018

⏱️ 42 minutes

🧾️ Download transcript

Summary

Everyone wants to be like a celebrity. All they have to do is have the right handbag, shoes, or outfit and it will sell out. We have learned celebrities are not immune to financial mistakes. We have all seen stories in the media about different mistakes that celebrities have made.

Be sure to tune-in to this week’s episode of The Money Guy Show as we share the lessons we have learned from celebrity financial mistakes. Also, how you can apply these lessons to your financial life.

For more details, please visit the show notes on our website: https://www.moneyguy.com/2018/12/celebrity-financial-mistakes/

Transcript

Click on a timestamp to play from that location

0:00.0

Celebrities. We try to dress like them. We try to act like them. But today we're going

0:06.2

to be talking about celebrity financial mistakes. These are things you don't want to copy.

0:12.7

It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,

0:19.5

investing, taxing. You've got financial questions. He's got financial answers. It's Brian Preston,

0:26.5

the money guy.

0:28.5

So, we really do. There's all kind of things that happen and everybody wants to be like a celebrity.

0:35.4

Haven't you noticed that? All you have to do is have a person have the right handbag or

0:41.2

where the specific belt and then those things sell out. So, I don't think that kind of goes

0:48.2

the same way with financial actions or behaviors. I'm curious, because I believe that what you're

0:53.5

saying is absolutely true. Which celebrity is it that you are emulating with your wardrobe

0:59.2

for this episode? But wait, this is not a Christmas sweater because we know that this show

1:05.6

will live on in YouTube forever. This is just a Star Wars season, seasonal sweater. It's just

1:14.4

a Brian sweater. And by the way, you guys are probably wondering, no, we're no longer playing

1:18.8

the acid rock music because Bo shaved his mustache. Everybody notice that? I did say goodbye,

1:26.1

but no, it'll be back. So, moneyguy.com, go check it out. Also, make sure you give us your email

1:32.0

address because it's just like we're working on it right now. We'll have details and I'm going to

1:36.0

go ahead. I know Lisa's on vacation, but we'll give her a heart attack because of the holidays,

1:40.6

we might be doing another live stream next Tuesday because we got so many people traveling

1:47.4

on the 18th when we're slated to do the next one. So stay tuned and also go to moneyguy.com

1:52.8

and go ahead and get connected with us by giving us your email address so we keep you up to date

1:56.7

on everything. So I just want to, we have a lot to cover. So I'm just going to jump right in.

2:00.7

And let's go through these financial behaviors that celebrities have been caught up in and then how

...

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