meta_pixel
Tapesearch Logo
Log in
Money Guy Show

Super-Savers Can't Forgive Their Money Mistakes | Making a Millionaire

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

🗓️ 3 February 2025

⏱️ 83 minutes

🧾️ Download transcript

Summary

Welcome to Making a Millionaire. Megan & Patrick thought that they were living the American Dream. But then, disaster struck. Can we help them build a better relationship with money?

Jump start your journey with our FREE financial resources

Reach your goals faster with our products

Take the relationship to the next level: become a client

Subscribe on YouTube for early access and go beyond the podcast

Connect with us on social media for more content

Bring confidence to your wealth building with simplified strategies from The Money Guy. Learn how to apply financial tactics that go beyond common sense and help you reach your money goals faster. Make your assets do the heavy lifting so you can quit worrying and start living a more fulfilled life.

Transcript

Click on a timestamp to play from that location

0:00.0

We got married, we thought about having a kid, we thought we need a house.

0:03.0

There was this new neighborhood under construction, so we bought in early, getting on the ground floor before the prices keep going up and up.

0:08.0

Megan and Patrick thought they were living the American dream, but then disaster struck.

0:13.0

We had been homeowners at the time and our property had lost about 85% of its value.

0:18.0

Oh wow.

0:19.0

We went from 285 and ended up at selling for, I have 69.

0:23.0

Oh, wow.

0:24.6

Can we help them build a better relationship with money?

0:27.2

This $200,000 loss has just got this hangover effect.

0:32.1

It's this cloud that's hanging over you.

0:45.3

Welcome to making a Millionaire. This is where we help our guests build their great, big,

0:51.4

beautiful tomorrow. I'm Brian Preston, joined by Mr. Bo Hanson. That's right, Brian. I am so excited.

0:54.7

This is a show for millionaires and millionaires in the making,

0:59.5

and we are so excited that today we get to sit down with Patrick and Megan. Guys, how are y'all doing this morning? Doing great. Awesome. Well, thank y'all so much for coming and letting

1:03.7

us be a part of your financial journey. For the folks out there, though, that don't know who you

1:09.9

guys are, give us a quick run down.

1:11.9

Who are you? Where are you from? What's your backstory? And then how do we get here to where we are today?

1:17.6

Sure. I'm Megan. I'm 45 years old. My husband Patrick, we've been married for 20 years.

1:23.2

We have lived all over the place. We started out in Florida. Prior to that was Georgia. We've been to New York. Now we're back in Georgia. So we've bounced around a lot. We've gotten through, I think, the worst of the messy metal. And now we're hoping to kind of figure out the coasting plan to get us to the finish line. Messy middle me, you got some kids in there? Yeah, we got a couple of kids, a daughter's 16 and a son 14.

1:44.8

Oh, nice.

1:45.6

Yeah, they're doing great.

1:46.8

Teenage years are awesome, right?

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.