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Money Guy Show

Triple-Leverage Cowboy Is Playing With FIRE | 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

🗓️ 17 March 2025

⏱️ 84 minutes

🧾️ Download transcript

Summary

Phil told us he treats money like a game. But looking at his money, it seems like his favorite game is RISK. He has a high net worth, but is he too much of a high roller? 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Phil told us he treats money like a game. I used to play Monopoly all the time. No joke,

0:05.1

four, five, six, seven hours a day. Oh, wow. I love the game. Looking at his money, it seems like

0:09.6

his favorite game is risk. That is a daunting effort. And that's, you know, just a lot of work for not

0:15.3

much benefit. I'm going to take a puff. Margin loan, I'm going to take a puff. Credit cards, I'm going to take a puff. You're 34 years old worth almost a million dollars.

0:23.5

Why?

0:24.5

He has a high net worth.

0:26.2

But is he too much of a high roller?

0:27.9

Yeah, you're hitting these quick hits and it's working and you're not gotten burned on it yet.

0:32.4

Might you be at the stage of your financial journey where it's time to calm down?

0:36.5

I'm going to say, well say well i'm gonna say grow up

0:43.1

welcome to making a millionaire this is where we help financial mutants to make small decisions

0:49.9

to build their great big beautiful tomorrow brian i am so excited on this show, we get to talk to millionaires and millionaires

0:56.9

in the making. And today is no different. I'm so excited we get to sit down with Phil today. Phil,

1:01.8

thanks so much for being with us. Thanks for having me, guys. I appreciate it. So the audience

1:05.2

doesn't know you. They haven't met you yet. Give us, who are you, where are you from? What do you do? Give us the quick, like, high-level biography.

1:11.5

I'm a registered nurse out in Columbus, Ohio.

1:14.4

I'm 34 years old.

1:16.1

I like to play sports.

1:17.2

I'm a big soccer guy.

1:18.4

I'm a big Buckeye fan.

1:20.3

Baseball, basketball.

1:21.4

Oh, H?

...

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