The Worst Financial Rip-Offs and How to Avoid Them

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

🗓️ 14 September 2018

⏱️ 59 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Unfortunately, there are quite a few products, services, and straight-up rip-offs that you need to be aware of so that you can decide what is appropriate and what will detract from your financial vision. It’s sometimes difficult to tell the difference between useful investment or expenditure and the equivalent of lighting your money on fire.

This show is also stocked full of useful and surprising information that you may not have been aware of. Even if you are a Money Master, there are nuggets of information you can share with your tribe. Be sure to tune in as we share our thoughts on the worst financial rip-offs so you can determine if they are useful to you or if you should steer clear.

For more details, please visit the show notes on our website:

https://www.moneyguy.com/2018/09/the-worst-financial-rip-offs-and-how-to-avoid-them/

Transcript

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0:00.0	One of the worst feelings you can have for your wallet is to get ripped off.
0:05.0	Tune in today and we're going to make sure you never have to experience that.
0:09.0	It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,
0:16.0	investing, taxing.
0:18.0	You've got financial questions, he's got financial answers.
0:21.0	It's Brian Preston, the money guy.
0:24.0	So, Bo, this topic, here's the thing.
0:28.0	I had the team, I think, I don't know where you were.
0:31.0	You were doing something else.
0:33.0	Something very productive, I'm sure.
0:34.0	Bid you being productive.
0:35.0	We had a completely different show topic.
0:38.0	And we actually put a lot of effort into that original show.
0:40.0	I pretty much have the show notes for it.
0:43.0	It was on celebrity mistakes and other things.
0:46.0	But as we started developing the show notes, I was like, I'm not feeling it.
0:50.0	It's just not feeling it.
0:51.0	So, here's what happened.
0:52.0	I took this show, well, I went out to my team here in the office.
0:56.0	And a lot of you guys, when you call in or reach out to us, you talk to Gabe, you talk to Carter, you talk to Matt.
1:02.0	These are all the people working behind the scene, Carol.
1:05.0	And I said, hey, you know what?
	...

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