Money Guy Show

Let's break down how The American Rescue Plan Act of 2021 will affect YOUR finances. Learn more about your ad choices. Visit megaphone.fm/adchoices

Life is a collection of big decisions and trade-offs that can have a significant impact on your life. Strong goals are what keep you on the path that will get you where you want to go. Goals function as our "why." They are a grounding force, helping us make big and small decisions. We've experienced this in our own lives. Now we're sharing our secrets with you! Accomplished goals are the secret to a fulfilled life. Let's teach you how to make your dreams a reality and set goals like a pro! For more information, visit: https://www.moneyguy.com/2021/03/make-your-financial-dreams-a-reality-setting-goals/(opens in a new tab) Learn more about your ad choices. Visit megaphone.fm/adchoices

Even people with a lot of money are in danger of going broke. There's a big difference between being "rich" and "wealthy." Is your cashflow high, but your net worth statement low? Do you own your life, or are you do you find yourself, like the man in one of our favorite commercials, "in debt up to your eyeballs"? This episode will show you the fascinating statistics behind the broke high-income earners across America. Plus, you'll walk away knowing how to protect yourself from the same fate as you reach financial success. For more information, visit: https://www.moneyguy.com/2021/03/why-high-paid-americans-are-actually-broke/ Learn more about your ad choices. Visit megaphone.fm/adchoices

A paper found that young adults don't need to start saving for retirement until age 40. The study is based on "total life satisfaction" rather than savings. But, hang on. Let's take a closer look at this and see what actually happens if you wait until 40 to start saving. Who do you think would be more miserable? The person who starts saving before age 40 or the person who doesn't...? We'll break it down by the numbers and see what we can see. Learn more about your ad choices. Visit megaphone.fm/adchoices

If you interact with any other human beings, you are involved in negotiations! At its heart, the art of negotiation is an interpersonal skill that can not only help you save money, but can make you a better friend, co-worker, partner, or boss. Too often we think one person wins and the other loses when negotiating. That is not the case! It is all about setting aside your own desires long enough to learn about another person. This episode will show you our top five tips to transform your personal and professional interactions for the better. For more information, visit: https://www.moneyguy.com/2021/02/top-5-negotiating-strategies-to-save-you-money/(opens in a new tab) Learn more about your ad choices. Visit megaphone.fm/adchoices

Tax evasion is illegal, however, tax avoidance is highly encouraged. Roth accounts provide an outstanding opportunity for tax advantaged retirement savings and wealth building. This powerful investment vehicle was created to encourage everyone to save for retirement and see the beauty of investing in their financial future. This episode will teach you exactly how to take advantage of this opportunity in your own financial life. For more information, visit: https://www.moneyguy.com/2021/02/legally-hide-money-from-the-government-forever-roth-secrets-revealed/(opens in a new tab) Learn more about your ad choices. Visit megaphone.fm/adchoices

No one wants to be fooled. Unfortunately, there are many popular financial products that seem like a good idea, but can actually derail your financial plans and cause you to miss out on true wealth building opportunities. Truly wealthy, secure people know how to tell which financial investments are worth it and which are too good to be true. In this episode, we'll teach you how to tell the difference and think like a millionaire! For more information, visit: https://www.moneyguy.com/2021/02/5-things-millionaires-dont-invest-in/ Learn more about your ad choices. Visit megaphone.fm/adchoices

It's not always about how much money you make. It's about how much money you keep. We often share strategies on how to build wealth and reach your first million, but are you equipped to hang onto it in the long-run? This episode lets you learn from our experience with high income individuals. Some have kept their wealth, building it for the long-term, while others have fallen into common, but dangerous habits that have caused financial failures. Which will you be? For more information, visit: https://www.moneyguy.com/2021/02/how-to-get-rich-and-stay-rich/ Learn more about your ad choices. Visit megaphone.fm/adchoices

GameStop, GameStop, and more GameStop! What in the world happened? Unless you've been living under a rock, that's all anyone has been talking about for the past week. And many people still have no clue as to what is going on, so that's where we come in. We're breaking down the entire GameStop situation and giving you some tips and tricks to apply to your personal finances as well. Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you ready to start winning at money and life? We gathered all of the financial and life advice we've read and experienced over the years and put it into one episode! For more information, visit: https://www.moneyguy.com/2021/01/10-truths-about-winning-in-life-and-with-money-yes-youre-doing-it-wrong/ Learn more about your ad choices. Visit megaphone.fm/adchoices