Money Guy Show

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 Learn more about your ad choices. Visit megaphone.fm/adchoices

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/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover the impact of Dave Ramsey on personal finance and how his strategies have transformed lives. The hosts compare Ramsey's 7 Baby Steps with their own Financial Order of Operations, revealing insights on emergency funds and the debt snowball method. Learn the importance of maximizing employer retirement matches and the advantages of Roth IRAs and HSAs. They explore the trade-offs of early mortgage payoff vs. investing while emphasizing the significance of college saving and building long-term wealth. Tune in for valuable financial advice!

Navigating the tricky waters of debt versus investment is a hot topic. The discussion breaks down various debt types, emphasizing the need for financial literacy. It explores the dangerous allure of minimum credit card payments and the costly consequences they can have. Listeners learn why prioritizing high-interest debt before investing is crucial. Case studies illustrate how a balanced approach can foster long-term wealth and financial independence. The focus is on empowering listeners with practical tools for smarter financial decisions.

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/  Learn more about your ad choices. Visit megaphone.fm/adchoices

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) Learn more about your ad choices. Visit megaphone.fm/adchoices

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  Learn more about your ad choices. Visit megaphone.fm/adchoices

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/ Learn more about your ad choices. Visit megaphone.fm/adchoices