We asked 1,000 millionaires how they got rich. Here’s what they said.

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

🗓️ 5 September 2025

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

We unpack what the wealthy actually do with their money - backed by our Abound Wealth client survey. You’ll learn their net worth, their education, their savings rates, and their spending habits. You might be shocked to see just how few got an inheritance to reach $1M! ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠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	This episode is presented by eBay.
0:03.8	Rob, everyone loves a deal and a bargain from time to time, don't they? Absolutely, mate. And do you know where you can grab a great deal? Talk to me. Where? The eBay app. Yes, you are correct. You didn't need to talk to me. I already knew it. I love eBay. When you're buying, you can discover loads of hidden gems. there's so many items where you think I would have never found that anywhere else.
0:23.7	Then when you're buying, you can discover loads of hidden gems. There's so many items where you think I would have never found that anywhere else. Then when you're selling, it's so simple and most
0:25.9	importantly, free. It's free, Rob. When it's this easy to sell for free and there's great
0:31.2	deals on things you love. You can't help but say when it's eBay. It excludes vehicles and business
0:35.9	sellers. This episode is brought to you by
0:39.7	the all-electric Porsche McCann. With a performance drive train, low center of gravity, and
0:45.5	sports car agility, the all-electric McCann looks, feels and sounds like a Porsche should. Combined
0:52.9	that with a spacious interior,
0:55.2	impressive range,
0:57.2	and countless ways to make it your own,
1:01.8	and you get the only electric SUV as uncompromising as you are.
1:05.9	Learn more at portia.com.uk slash McCann.
1:11.1	A lot of people think they know what the wealthy do with their money.
1:11.8	But here's the thing.
1:12.9	What if they're wrong?
1:18.2	Brent, I am so excited about this because our clients have literally spent decades building their wealth and learning financial lessons.
1:20.6	And now we get to share all of that information with you.
1:24.5	Yeah.
1:24.7	So here's what we're going to do.
1:25.5	We're going to dive into what the wealthy actually do with
1:28.0	their money, how they got there, and what you can learn on your way to your great, big, beautiful
	...

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