Never Be Manipulated Again into Making Bad Financial Decisions!

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

🗓️ 5 April 2019

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

What if we told you there is an entire category of words that can be used to manipulate your financial decisions? After all, one of the major components of marketing is being able to persuade people to buy a product or service. But what happens when these same marketing tactics are used in financial services?

Here at the Money Guy Show, we believe that knowledge is power. We always want to share the best information that can equip you to reach your financial goals, and that includes making you aware of manipulative sales strategies in financial services.

Join us for today’s episode as we share the manipulation tactics that are commonly used that can lead to bad financial choices.

For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/04/never-be-manipulated/

Transcript

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0:00.0	What if I told you there's a whole vocabulary of funny sounding words that are manipulating
0:07.0	and causing you to do horrible things to your personal finances?
0:12.0	It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,
0:18.8	investing, taxing.
0:20.8	You've got financial questions, he's got financial answers.
0:23.8	It's Brian Preston, the money guy.
0:27.5	I love it.
0:28.5	Basically, what you're saying is today we're going to be going into a vocabulary lesson.
0:32.2	We're going to learn some new words that maybe we did not know otherwise.
0:37.3	As we all know, my strength lies in mathematical analytical skills, not in pronouncing.
0:43.3	Pronouncing.
0:44.3	Okay.
0:45.3	I even said that wrong.
0:46.3	Not in pronouncing.
0:47.3	Pronouncing.
0:48.3	I have trouble reading, pronouncing.
0:52.1	So this ought to be...
0:53.1	It's going to be a base.
0:54.1	It's like self-torture for myself.
0:56.0	But I'm going to do it.
0:57.3	So let's get this thing on track.
0:58.7	By the way, this is the money guy show.
	...

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