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Money Guy Show

The Truth About Starting Over in Your 40s | Making a Millionaire

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Investing, Business

4.73.1K Ratings

🗓️ 18 August 2025

⏱️ 72 minutes

🧾️ Download transcript

Summary

Shelby and Dustin have been married for just a year, but they’re already tackling some of life’s biggest financial challenges together. From paying off $57K in student loans to planning for retirement and college, they’re learning to align priorities, merge money habits, and make their savings work harder. This episode is packed with practical strategies and surprising realizations that could change your own financial game plan. ⁠⁠⁠⁠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. ⁠⁠⁠⁠⁠⁠NordVPN.com/MONEYGUY Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:05.7

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0:11.2

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0:30.7

Ah, Benny's parents. Thanks for coming. I, uh, so Benny has really blossomed this term. You're telling me,

0:36.7

he outgrew his bike. We sold it, on eBay.

0:39.7

Oh, that's not quite what I meant.

0:41.2

It's free to sell on there?

0:42.5

Free to sell.

0:43.6

Easy too. Sold Benny's bike, your guitar, my jacket.

0:47.0

You sold my guitar?

0:50.1

Shall we talk about Benny?

0:52.2

When it's this easy to sell for free, you can't help but say when it's eBay. Things people love. T's and Cs apply, excludes vehicles. I am curious, though, for you, Dustin, this thing's been part of the family, essentially. I mean, because you've had student loans since you're in your 20, 18 to 20s. So now extinguishing this at 43, how does that feel to know this will be completely behind you? Again, things I'd been resigned to. It feels like an albatross, but been around my neck that I just got used to the weight. You know, where people have a disability, they just feel like, oh, my pain level is X, so that feels normal. And it's almost like I feel a sense of guilt about it. I brought this into our world. it is what it is and I can't undo choices

1:29.0

that I made. I'm glad to get this out of my life because I got way better things I can do

1:32.8

$57,000. I am Shelby. I am 33. We were just talking earlier. So I've been in Nashville, or in the Nashville area for 10 years.

1:47.6

Next week will be 10 years. That makes you a native around these parks. Right? Yeah. Once you hit that 10 year,

1:52.7

right. There you go. So I'm from Texas originally, born and raised outside of Houston. And I moved here for work.

1:59.3

I moved here with the boy in 2008, or to Nashville,

2:02.7

actually moved down into Murphy'sboro in 2013, so I've been here for quite a while to. Also a

2:08.5

native now. Yeah, yeah. I'm even more so me. You're very liberal with this native thing. Yeah,

2:13.0

I also grew up in Texas, but I don't claim it as my home. So, yeah.

...

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