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Money Guy Show

What Is The Magic Number Where Money Will Finally Make You Happy?

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Investing, Business

4.73.1K Ratings

🗓️ 3 June 2026

⏱️ 65 minutes

🧾️ Download transcript

Summary

What's the magic number for happiness? We walk through what the data says and share our take on what will make you happier at every stage of your wealth-building journey. Plus, we answer your questions! From planning earlier retirements and navigating the Roth IRA pro-rata rule to combining finances after marriage and UTMAs, we share how you can maximize your army of dollar bills - with a few tangents and tumblers along the way. ⁠⁠⁠⁠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

Some follow the noise.

0:03.3

Bloomberg follows the money.

0:05.4

Because behind every headline is a bottom line.

0:09.3

Whether it's the funds fueling AI or crypto's trillion dollar swings,

0:13.8

there's a money side to every story.

0:16.5

And when you see the money side, you understand what others miss.

0:20.9

Get the money side of the story.

0:22.9

Subscribe now at Bloomberg.com.

0:33.8

You're not going to be happy until you have X.

0:38.5

Right.

0:43.7

I am so excited to talk about this because I think there is this idea.

0:46.8

All of us fall into this camp or a lot of folks fall into this camp.

0:52.1

Man, if I just had a little bit more, if I just made a little bit more,

0:54.3

if there's just a little bit more in my bank account,

1:02.3

surely that would ultimately lead me to be more happy. But Brian, I don't think that that's true. Look, a lot of people, I think this is where you can turn money into an idol or you can turn

1:08.7

money into something that it just is not.

1:12.0

And I think it's, but I also want to be honest, because we've been poor.

1:15.6

Sure.

1:16.2

And now we kind of live in this abundance.

1:19.3

And I will tell you, money can be an amplifier thing.

1:22.7

So I don't want to be so toned out if you're like, money doesn't actually buy any happiness.

1:26.9

No, it can buy you

...

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