meta_pixel
Tapesearch Logo
Log in
Money Guy Show

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

Education, Investing, Business

4.73.1K Ratings

🗓️ 13 September 2023

⏱️ 36 minutes

🧾️ Download transcript

Summary

There’s a reason why Albert Einstein called compounding interest the eighth wonder of the world! Do you know exactly how it works and how much your dollars could turn into by retirement? The Money Guy Wealth Multiplier can show anyone just how powerful every dollar invested is. 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

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.