Money Guy Show

When you live through a market downturn, you walk away wiser, and full of new planning strategies to help you prepare for your next unexpected life event. In this episode, we walk through financial planning opportunities you can take advantage of in the middle of this uncertainty, then shift our focus on how to prepare for the next one.

For more information, visit: https://www.moneyguy.com/2020/03/best-financial-strategy-during-the-covid-19-pandemic/

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Our world is changing rapidly! We want to help you break down the changes that have happened over the past week and hone-in on how each one affects your finances. How should you respond to these economic and emotional fluctuations? We talk through it in this week’s Q&A episode.

For more information, visit: https://www.moneyguy.com/2020/03/how-to-financially-survive-the-coronavirus-outbreak/

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There's something reassuring about Warren Buffett's outlook on life.

His journey to building over $81 billion of wealth has been extraordinary. It gives credibility to his super-human ability to analyze numbers, spot opportunities, and give excellent life advice. In this episode, we break down 9 life changing Warren Buffett quotes from his 2019 Letter to Shareholders and beyond. They will leave you inspired to kick-start your financial strategy and reignite your passion for life.

For more information, visit: https://www.moneyguy.com/2020/03/lessons-from-warren-buffett/

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COVID-19 is on all of our minds. We are all concerned about the health of our loved ones, and the volatility of the financial markets is not helping to ease everyone’s anxiety or nervousness. Our goal is to keep you updated and be a resource as we all work through these difficult times.

We recorded a special Money Guy Q&A show that specifically addressed what we are facing. A few of the questions that were covered include:

• Why don’t we go to cash, let things calm down, and then get back into the market? 
• How can we be sure that markets will recover?
• Is this downturn and bear market different?

For more information, visit: https://www.moneyguy.com/2020/03/coronavirus-and-your-finances-we-answer-your-questions-askthemoneyguy/

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Real estate investing can be a viable way to build wealth, but you need to have a plan and know exactly what you're getting into.

This episode of The Money Guy Show provides one of the most honest assessments of real estate investing you'll find online. We'll dive deep into strategic ways you can use this valuable asset to your advantage, but also, we'll give you a dose of reality that's not on the shiny brochure!

For more information, visit: https://www.moneyguy.com/2020/03/get-started-in-real-estate-investing-in-2020/

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Have you ever wanted to ask a millionaire how they built their wealth? In this episode, we asked and they answered! We work with hundreds of financially successful people everyday. They were kind enough to help us create this episode by sharing their wisdom through The Money Guy Wealth Survey. It gives us a glimpse into how millionaire minds work and how all of us can implement these simple steps to create abundance in our own lives.

For more information, visit: https://www.moneyguy.com/2020/03/5-steps-to-becoming-a-millionaire/

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A big part of our job as financial advisors is protecting people from making bad behavioral mistakes with their finances. Knowledge is power! In this episode, we'll equip you with everything you need in order to spot common money traps and protect yourself from accidental financial mistakes.

For more information, visit: https://www.moneyguy.com/2020/02/money-traps-to-avoid-by-age/

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With the financial tools accessible to Americans today, we believe anyone can build wealth and set himself up for a better life. Even so, 60% of people don't have the savings to pay for an unexpected emergency. Why are Americans so broke?

There are 3 major pitfalls in understanding and behavior that keep people from tapping into the amazing financial opportunity we have access to everyday. Let's break down all 3 and talk about how to turn the tide or avoid these situations altogether on your journey to financial freedom!

For more information, visit: https://www.moneyguy.com/2020/02/3-reasons-why-americans-are-still-broke/

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What does wealth look like? It depends on a lot of factors including your age, lifestyle, and savings rate. So, how do you know you're on the right track to building wealth and achieving financial abundance?

Our "5 Levels of Wealth" show really struck a chord with The Money Guy family. So, we're unpacking what each level looks like at each stage of life. Which levels are achievable at your age? Do the levels look different in each decade? Let's explore what it looks like to be wealthy in your 20s, 30s, 40s, 50s, and 60s!

For more information, visit: https://www.moneyguy.com/2020/02/what-wealth-looks-like-by-age/

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Ever wish you had permission to spend guilt free?

As financial advisors, people expect us to advise on saving money and spending less, but one of our favorite parts is being that voice of reason and letting people know when they can take their foot off the brake and start living like no one else!

Let’s walk through 3 surefire signs that you're ready to start spending a little more on the things you love. We cover financial priorities, making memories, and keeping your life balanced.

For more information, visit: https://www.moneyguy.com/2020/02/ready-to-live-like-no-one-else/

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Building wealth feels amazing, but beware of the pitfalls and traps along the way! We want you to be set up for success financially and personally. Let's explore the downfalls countless millionaires have fallen into and unpack loads of tips to keep you from going down the same path. Here's how to stay on the path to a life of freedom and abundance!

For more information, visit: https://www.moneyguy.com/2020/01/dark-side-of-being-a-millionaire

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On December 20th, a big piece of legislation was passed called the SECURE Act. It will affect retirement, IRAs, taxes, and more! Don't worry, in this episode, we break down everything you need to know about the SECURE Act and how your strategies may need to change. Plus, we make it fun!

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Navigating the world of fee structures, letter designations, and financial strategy can be daunting. In this episode, we take the guesswork out of this big decision. Let's break down how to know it's time to recruit the help of an advisor and whether or not they have your best interest at heart!

For more information, visit: https://www.moneyguy.com/2020/01/when-to-hire-a-financial-advisor/

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After a decade of hosting a financial show (and working in finances for even longer,) what advice has changed or shifted over the years? In this episode, we react to some of our old shows. We share great stories, have a good laugh, and break down fantastic teachable tips designed to fuel your financial life!

For more information, visit: https://www.moneyguy.com/2020/01/financial-advisors-react/

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In this show, you'll learn how to capitalize on financial predictions and recognize bad predictions when you see them. There are many reasons to be excited about your financial future. Let's dive in and find out why!

For more information, visit: https://www.moneyguy.com/2020/01/make-money-by-predicting-the-future/

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Cars are necessities for a lot of us, but they can easily become one of your biggest financial mistakes. In this episode, we'll teach you our best tips and tricks for buying a car - the smart way!

For more information, visit: https://www.moneyguy.com/2019/12/how-to-make-a-smart-car-purchase-in-2020/

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Knowing where to invest your time, money, and attention can be challenging. We get it! In this show, we breakdown the most valuable investment strategies to focus on in your 20s, 30s, 40s, and 50s.

This episode goes hand-in-hand with our Average Net Worth By Age show!

For more information, visit: https://www.moneyguy.com/2019/12/how-to-invest-in-2020/

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This is our favorite annual tradition! Let's update the numbers and see how your Net Worth measures up to your peers in the new year.

For more information, visit: https://www.moneyguy.com/2019/12/net-worth-by-age-2020/

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Taxes may be inevitable, but we have good news! There are smart, LEGAL strategies to help you pay fewer taxes this year and every year to come. We use these strategies for ourselves and our clients and, in this episode, we’re going to walk you through the basics.

For more information, visit: https://www.moneyguy.com/2019/12/how-to-legally-avoid-paying-taxes/

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Everyone has financial dreams and goals they would like to achieve. Every year, without fail, the topic of personal finance shows up in the Top 5 most popular New Year's Resolutions list. So how can you make your financial dreams a reality?

In this episode, we're going to walk you through 4 vital financial areas to add to your goals and then, teach you how to make them stick!

For more information, visit: https://www.moneyguy.com/2019/11/stick-to-your-2020-financial-goals/

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You've been lied to! The vast majority of millionaires don't build their wealth overnight. There are real and tangible ways anyone at any age can build wealth and become a millionaire!

In this episode, we reveal the average salary of each age group (20s, 30s, 40s, and 50s), how much you should realistically be investing in each decade based on those salaries, and what the incredible outcome will be if you follow this strategy.

For more information, visit: https://www.moneyguy.com/2019/11/build-wealth-with-a-low-paying-job/

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Identify key roadblocks and behaviors that halt your financial progress and learn how to overcome each one.

For more information, visit: https://www.moneyguy.com/2019/11/speed-up-your-wealth-building/(opens in a new tab)

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Consider this your graduate degree in how to make FIRE a reality!

Folks in the F.I.R.E (Financially Independent, Retire Early) Movement are set on retiring in their 30s or 40s. So much of this movement is about motivation, but we want to make sure you understand the nuts and bolts of your plan so the wheels don't fall off! (Don't worry - we'll motivate you, too!)

For more information, visit: https://www.moneyguy.com/2019/11/fire-movement-gets-wrong/

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If you implement these 7 habits, your financial life will change for the better! This show is a beautiful self-assessment. Join us as we walk through each habit and evaluate where we are and how we can use each one. 

For more information, visit: https://www.moneyguy.com/2019/10/7-financial-habits-that-can-change-your-life!/(opens in a new tab)

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Managing finances doesn't have to be scary - but it can be if you make these 5 financial decisions. In honor of the Halloween season, we're telling you scary tales of financial catastrophe AND how you can avoid them!

Note: We wore our Halloween costumes for this show! See what costumes we chose on YouTube, Facebook, or Twitter.

For more information, visit: https://www.moneyguy.com/2019/10/5-scary-financial-decisions-that-will-make-you-broke!/

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Is passive income too good to be true?

In today's episode, we expose false claims of "making money for nothin'" and set the record straight on how you can actually make money doing real estate, content creation, and, quite literally, while you sleep!

For more information, visit: https://www.moneyguy.com/2019/10/passive-income-exposed/

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Time for a gut check! If you're saving or investing your money in these 4 ways, it might be time for a new strategy.

We'll break down why each mistake is not serving you well, then we'll cover the best techniques to get out of that financial rut and set yourself up for success!

For more information, visit: https://www.moneyguy.com/2019/10/4-ways-you-are-investing-your-money-wrong/

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How heroic (and different) are you with your finances? We lay out 5 unique ways to tell if you're a financial super hero. Plus, we teach you how to add each of these 5 skills to your everyday life.

For more information, visit: https://www.moneyguy.com/2019/10/5-ways-you-can-be-a-financial-super-hero/

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We believe anyone can be wealthy. But how?

This topic has some sizzle! We are about to share 4 paths anyone can take to become wealthy. We'll break down secrets to achieving each path and will help you decide which one is right for you.

For more information, visit: https://www.moneyguy.com/2019/09/how-rich-people-get-rich/

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In this episode of The Money Guy Show, we unpack the successes and failures of celebrities like Lebron James, Melissa McCarthy, Billy Joel, and more. Let's look at what they got right, where they went wrong, and how you can implement these lessons to make the most of your own finances.

For more information, visit: https://www.moneyguy.com/2019/09/live-life-like-a-celebrity/

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Money and marriage: can they coexist in harmony? Money can play a huge role in the overall happiness and success of your marriage. Taking time to consider the way you handle finances as a couple today can make all the difference in the long-run.

We're going to walk you through signs of financial success and traps to avoid at every phase of marriage from Newlyweds to Empty Nesters.

For more information, visit: https://www.moneyguy.com/2019/09/money-and-marriage-by-age/

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If you have children or you're thinking about funding any kind of future education, this episode is your new best friend! We're breaking down the best ways to save and pay for college, plus giving you hard numbers that will help you make the best decision on where to get your education.

For more information, visit: https://www.moneyguy.com/2019/09/save-and-pay-for-college/

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After watching Discovery Channel’s Shark Week, we realized the financial world has its own ferocious apex predator. Roth assets sit on the top of the food chain. They get tax-free growth, provide emergency access to your funds, and there are no required minimum distributions for these kinds of assets. 

In today’s show, we breakdown how Roth assets can help you grow your wealth exponentially!

For more information, visit: https://www.moneyguy.com/2019/08/roth-financial-strategy/

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You're not going to believe we're giving away this advice for free! We're so excited to share these untold secrets and help you take your finances to the next level.

For more information, visit: https://moneyguy.com/2019/08/top-secret-planning-strategies

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There are five levels of wealth that can let you know where you stand in your financial journey and how comfortable you really are when it comes to your finances.

Join us for today’s episode of The Money Guy Show to find out where you are in this race of building wealth. We understand that it takes getting to a certain level of wealth when you can actually start breathing a little easier knowing that you have your army of dollar bills built up and working for you. But what does abundance looks like at the graduation point? 

For more information, visit:https://www.moneyguy.com/2019/08/5-levels-wealth/

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No one wants to feel like a chump! We're helping you recognize and avoid 7 financial rip-offs people are falling for each day.

For more information, visit: https://www.moneyguy.com/2019/08/the-worst-financial-rip-offs-and-how-to-avoid-them/

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Yes, YOU can make money investing! And no, it's not gambling! 

Investing is a powerful tool that can help you put your army of dollar bills to work and build wealth. How much wealth? Well, join us as we take a look at the data. 

For more information, visit: https://www.moneyguy.com/2019/08/make-money-investing/

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When you get serious about taking control of your finances, one of the first names or resources you may come by is Dave Ramsey. He is a beast in the personal finance industry. Dave has undoubtedly impacted millions - MILLIONS- of people’s lives through his Financial Peace University, radio show, best-selling books, and the plethora of other financial education resources available through Ramsey Solutions. 

But what happens after you take control of your money and climb out of the “dungeon of debt” as Bo calls it? Well, here is where we think that our Financial Order of Operations parlays nicely with Dave Ramsey’s 7 Baby Steps. 

For more information, visit: https://www.moneyguy.com/2019/07/dave-ramsey-baby-steps/

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So often, we are asked whether someone should pay off an outstanding loan or invest. 

In today’s show, we put the rubber to the road and focus on the numbers. We also look at the different types of debt, how some is more punitive than others, and discuss the role it plays in your overall financial success. Yes! Debt is an important tool to help you achieve financial success. 

For more information, visit: https://www.moneyguy.com/2019/07/when-to-invest

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Estate planning can seem like a complex undertaking, and not knowing how to approach it can lead to inaction. Lucky for you, you know us! And like any good friend, we are going to let you in on what we know. Pull up a seat as we share how to get your estate plan established well and the common mistakes people make that you won’t after tuning in to this week’s how.

For more information, visit:  https://www.moneyguy.com/2019/07/estate-planning-mistakes/ 

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Can you buy happiness? How much does it cost to buy happiness? What is the relationship between money, wealth, and how happy you are about life?

While we don’t have all the answers, we do think we offer a unique perspective on this topic because of our day jobs as fee only financial advisors. We have many conversations with our clients in regards to their money, goals, dreams and what makes them happy, and we share our high-level observations in this week’s episode of The Money Guy Show. 

For more information visit: https://www.moneyguy.com/2019/07/how-much-does-it-cost-to-buy-happiness/(opens in a new tab)

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It seems like you can’t go anywhere without someone having an opinion or a piece of advice regarding your finances. We are inundated with financial articles, news headlines, and information from our families - solicited or not. While there are times when the advice shared may sound good, it very well may not be right for your particular situation so you have to be careful about the information you act upon.

Financial advice, no matter how well-intentioned it may be, can function like that old game of Telephone. It starts with one message, but by the time it reaches you it can end up communicating something vastly and, in the case of your money, dangerously different. 

Be sure to tune in to this week’s episode of The Money Guy Show as we uncover the nine pieces of financial advice you should probably ignore. 

For more information, visit https://www.moneyguy.com/9-pieces-financial-advice-ignore 

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Can you become rich making less than six figures? This goes against the grain of what most people believe. In fact, the statistics show that over half of baby boomers and millennials believe people inherit their wealth. However, the reality is that only 21 percent of wealthy people inherit money and of that only 3 percent are millionaires.  

This means, then, that the overwhelming majority of millionaires are your self-made, next-door types! This also means that you don’t necessarily have to make boatloads of money in order to become a millionaire. Tune into this week’s episode to find out how to avoid all the traps, pitfalls, and mistakes that can interfere with your potential to become a millionaire.

For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/06/how-to-become-a-millionaire/

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Everything you know about money is probably wrong, and holding you back from success in your financial life! Well, today that will change in this episode of the Money Guy Show we are going to straighten it all out for you.

For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/06/everything-you-know/

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The FIRE Movement. What is it? Who’s doing it? Should I do it? Is it good or bad? How do I do it? These are all questions you may ask yourself when you hear people talking about the FIRE Movement. We cover all of this and so much more in this week’s episode of The Money Guy Show.

You may notice that we have a special visitor for this episode. Brian is out of the office visiting his favorite mouse (if you guessed Mickey, you'd be right)! Gabe Talley from our team joins us and shares his vast knowledge on this subject with our Money Guy family. You don’t want to miss this episode of the Money Guy Show.

For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/06/fire-movement/

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How does your 401(k) balance measure up against your peers? Do you have enough or are you behind? When we meet with potential clients, most of them want to know the answer to these two questions:

1. Where am I?
2. Where am I headed?

Tune in to this week’s episode as we share the average 401(k) balance by age and answer the question of whether or not you're behind with your retirement savings.

For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/05/average-401k-balance/

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Keep it simple, Sam or Sally! How do you KISS gpur complicated financial life good-bye? When I was younger and working as an accountant, I used to dream about being a sophisticated financial person. I wanted to have a complicated tax return, because I felt that meant I had a great life. Be careful what you wish for because later in life I had a complicated financial life and began to think what I can do change it.

Simple may not be sexy and may not turn heads, but it can give you something more valuable: peace of mind. It can put you head and shoulders ahead of your peers. In this week's episode, we share ways you can simplify your finances.

For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/05/simplify-your-finances

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What is one of the most shocking statistics that impacts your finances? Spoiler Alert: It affects everyone regardless of age, gender, socioeconomic status, or where you live.

If you guessed mortality, you'd be correct. 100% of us will die. We know that this is not something to take lightly, and here at the Money Guy Show, our goal is to make sure that you and your family are financially prepared for all of life’s seasons.

Are you and your loved ones financially prepared and protected for when you pass on? Tune in to this episode and learn how to adequately plan your finances when you're gone, how to approach finances if a loved one passes away, and what you need to know to be an executor of an estate.

For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/05/prepare-for-death/

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One of the biggest decisions you will make in your life is marriage! As you know, here at the Money Guy show, marriage and finance has always been a very important topic. Money creates a unique dynamic within any marriage, and how you manage it can strengthen or undermine this significant relationship.

The inspiration for today's episode actually comes from a personal situation. I was on a trip with some of my old Georgia neighbors when my wife called me in a panic. She shared that she had a vivid dream that I had passed away. She realized that even though she is listed on all of our accounts, she did not know how to access them and began to wonder what would happen if I was no longer here.

Are you and your better half set up for financial success as a couple? Find out how you can make your personal finances an opportunity to grow together rather than allow it to drive a wedge and become a source of stress and marital discord.

Tune in to this week’s episode as we discuss, “How To Bulletproof Your Marriage Financially.”

For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/05/money-and-marriage/

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You are in for a special treat this week! We are doing #AskTheMoneyGuy right here in the studio. Every week we answer listener requested questions, but this week we felt we wanted to dedicate more time and make this question into a full show.

Are you the Chief Operations Officer (COO) for your household? Perhaps more specifically, are you a stay-at-home spouse who manages all the household finances? If you have ever wondered about retirement, social security, or your financial future in general, you won't want to miss this episode. We discuss the options of building personal assets versus depending on your working spouse. We agree this is an important topic. Thank you Kate for submitting this question!

Tune in to this week’s episode as we answer the question, “How to plan for your financial future as a stay-at-home spouse.”

For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/05/stay-at-home-spouse/

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