Wealth Multiplier Revealed: The Magic of Compound Interest!
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.7 • 3.1K Ratings
🗓️ 13 September 2023
⏱️ 36 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | You want to be rich? Today, we share the secret. |
| 0:09.3 | Brian, I am so excited about this one because this is like bread and butter for us. |
| 0:15.1 | This is something that if you ask me, what's the one thing that I get excited to tell young people |
| 0:20.3 | about, to teach people about investing? It is this very thing because it can light a fire |
| 0:26.8 | under the right person when they hear it the right way. |
| 0:29.3 | I want you to lean in. Seriously, if you are aspirational, if you want to have more and make the |
| 0:35.2 | most out of your money, this is what you need to know. You need to know about the eighth most |
| 0:40.8 | powerful thing, the eighth wonder of the world that you will. That's what Albert Einstein called |
| 0:44.8 | it, compounded interest. We're going to tell you how to build your wealth off of all the power |
| 0:50.7 | and harness it completely so you can maximize your money. Now, this is what makes compound |
| 0:55.1 | interest so wonderful. We talk about all the time how it can be a devastating force to your |
| 1:00.2 | finances. When you think about credit cards and high interest debt, it can absolutely be |
| 1:05.2 | napom for your finances. However, when you let compounding interest start working for you, |
| 1:10.7 | when you let it be the wind at your back on your wealth building journey, it is amazing what |
| 1:16.8 | can happen when it comes to your financial picture. Yeah, we wanted to jump in because this is the |
| 1:22.0 | thing that we've, by the way, stay tuned because we have a brand new deliverable. We're going to |
| 1:28.3 | unveil on today's show as well as a hub so that you can get all of your questions answered. This |
| 1:34.4 | will load you up completely. But here's what I get so excited about is that this was the concept |
| 1:41.5 | that changed my life. I had an economics high school teacher, the Marrow moment, if you will, |
| 1:46.7 | where Mr. Marrowhood shared, guys, if every one of you high school students would save $100 |
| 1:51.1 | a month, you could be a millionaire. So with that one statement, he turned something that seemed |
| 1:56.1 | very elusive and not possible to where it sat right in front of me with a very simple path. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

