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
4.7 • 3.1K Ratings
🗓️ 3 February 2025
⏱️ 83 minutes
🧾️ Download transcript
Summary
Transcript
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| 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? |
... |
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