meta_pixel
Tapesearch Logo
Log in
Motley Fool Answers

Secrets from the Diary Of a Financial Advisor

Motley Fool Answers

The Motley Fool

Taxes, Saving, Money, Investing, Planning, Retirement, Personalfinance, Finance, Education, Business

4.4823 Ratings

🗓️ 13 October 2015

⏱️ 25 minutes

🧾️ Download transcript

Summary

We found the diary of a financial advisor and brought him on the show to talk about the surprising things he’s learned throughout his career. Also, is being frugal in your DNA and can a family of four really live off of $14K a year?

Transcript

Click on a timestamp to play from that location

0:00.0

This is Motley Fool Answers. I'm Allison Southwick.

0:06.0

And I'm Robert Brokamp.

0:07.0

He's a personal finance expert here at the Motley Fool and lead advisor on Rule Your Retirement

0:11.5

newsletter. And I'm someone who likes to talk.

0:14.0

A lot.

0:15.0

Today we're going to examine the extremely frugal life with one of the most frugal guys we know. Sean Gates. Hi, Sean. Welcome. Hey there.

0:23.6

He's a financial advisor with Motley Fool wealth management and over his career he's helped

0:27.4

thousands, thousands. That's probably high, but we can say low hundreds. I'm just kidding.

0:37.8

Thousands is perfect.

0:40.2

Tens, tens of thousands.

0:42.2

All right.

0:42.9

He's a financial advisor with Motley Fool Wealth Management.

0:45.4

And it's over his career, he has helped dozens of people manage their money better.

0:49.3

He's here to open up his diary and share some of the secrets he's learned over the years in the industry of doling out financial advice. All this and more on this week's episode of Molly Cool Answers.

1:01.2

Meet Danielle Waggasky. Oh, man, I should have practiced her name. But that's okay.

1:06.6

She's a stay-at-home mom blogger who, with four-person household lives off of $14,000 a year.

1:13.9

Her blog is called Blissful and Domestic, and her book is Living a Beautiful Life on Less.

1:18.9

Bro, you stumbled upon her story this week.

1:20.9

Yes, it's an interesting story, of course.

1:23.9

It's very difficult to live on that little.

1:27.1

We've talked about before actually whenever we hear

1:29.1

these stories we think well it must be a single person but no she is married and has four kids so

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.