Money Guy Show

What if we told you there is an entire category of words that can be used to manipulate your financial decisions? After all, one of the major components of marketing is being able to persuade people to buy a product or service. But what happens when these same marketing tactics are used in financial services? Here at the Money Guy Show, we believe that knowledge is power. We always want to share the best information that can equip you to reach your financial goals, and that includes making you aware of manipulative sales strategies in financial services. Join us for today’s episode as we share the manipulation tactics that are commonly used that can lead to bad financial choices. For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/04/never-be-manipulated/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Should you buy a second home, RV, timeshare, or a boat? Chances are they could be horrible for your financial life, but, if your lucky, your friends may make these purchases. We all have friends, and as humans we are hardwired to stand out from our peers. Sometimes our peers make financial decisions that would not be great for our personal finances, but we can take advantage of those purchases that they have decided to make. We recorded a show back in 2016 where we discussed financial mistakes you hope your friends make. So, we are returning with a fresh take on that episode. Join us for today’s episode as we share the financial decisions you hope your friends make. Our goal here at the Money Guy Show is to always help you understand how to best use your army of dollar bills to achieve financial independence. For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/03/friends-financial-decisions/   Learn more about your ad choices. Visit megaphone.fm/adchoices

What did Warren Buffett tell us about personal finance in 2018? It may not be Christmas, but it certainly feels like it when the “Oracle of Omaha” shares his wisdom with us. There have been many of you asking when we are going to cover Warren Buffett’s letter to shareholders. That day has finally arrived! Buffett shares that there are many things to be excited about, as well as future opportunities for all of us. In today's episode, we share the most important investment lessons he reveals that you can apply to your own personal finances. Join us for this week’s episode of The Money Guy Show as we explore Warren Buffett’s letter to shareholders. For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/03/investing-lessons-warren-buffett/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Do you know the power of your Rate of Return (RoR)? This week’s Money Guy episode is about all things rate of return. If you have ever wondered what a reasonable rate of return is or how to actually calculate it and make sense of it, then this show is for you! You always want to make sure that your rate of return reflects you and what your needs are for your financial road map. Our goal for all of our listeners is for you to attain financial independence, and we want to make sure that you have a clear understanding of your investments. Join us for this week’s episode of The Money Guy Show as we discuss the power of your rate of return. For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/03/understanding-rate-of-return/ Learn more about your ad choices. Visit megaphone.fm/adchoices

This week’s Money Guy Episode is inspired by an article written by Nick Maggiulli Of Dollars and Data on February 19, 2019 titled "How to Invest a Lump Sum” that talks about what you should do if you suddenly experience a windfall of money. As it turns out, we also did a show on this very topic less than a year ago where we discussed whether or not you should take a lump sum or a dollar cost average approach to your investing. So, this week’s episode is a reboot that allows us to apply the same principles to the scenarios laid out by Nick Maggiulli. Join us for this week’s episode of The Money Guy Show as we build a bridge between the analytics cited in Maggiulli’s article and the financial behaviors that impact your bottom line. For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/03/how-invest-windfall-cash/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Do you know where wisdom comes from? It comes from learning from your mistakes. Back in 2013, we had an episode where we shared the mistakes we had made. Now in 2019 we are revisiting and updating our list of mistakes and sharing those with you today. Tune in to this week’s episode of The Money Guy Show as we cover Money Guy misses remastered. We are human and make mistakes, too! By sharing our mistakes with you, we hope that it will help you avoid the financial mistakes we made and continue guiding you on your path toward financial independence. For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/03/financial-advisors-reveal-mistakes/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Your kids, grandkids, great-grandkids could go broke if you do not fix this problem. Yes, that may seem a bit harsh, but when you look at the statistics of generational wealth building it is very somber. 70% of rich families lose their wealth by the 2nd generation 70% of family-owned businesses fail and/or sold by the 2nd generation 86% of millionaires are first generation. Tune in to this week’s episode of The Money Guy Show as we reveal the secrets to sustaining your wealth through future generations. Learn the practical steps you and your family can implement to keep your wealth for generations to come. For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/02/#1-reason-why-wealthy-families-lose/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Hold on to your seats for this week’s episode of The Money Guy Show! We’re talking 2018 tax changes and planning opportunities, and it has us over-the-moon excited. As many of you know, Brian is a CPA and prepared client taxes for 16 years. Therefore, we’re sure you can imagine just how joyful he is to geek-out over this important topic we cover in this episode of the Money Guy Show. We cover a lot of ground in this show, so you may want to have your pen and notepad handy so you can jot down your notes and anything you may want to address with your tax preparer this season. Ok, let’s jump into the episode. For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/02/2018-taxes/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you self-employed or have a side hustle? Then this episode is for you! What are your options for retirement planning as a self-employed person? What are the pros and cons of each option? You want to make the correct decision for your short and long term goals to achieve financial independence. We love that you guys are out there, whether you are self-employed or hustling on the side, working so hard to create more income to achieve your goals and dreams. You should let your money work just as hard for you by making sure you are taking advantage of the correct retirement plan. Tune in this week to learn about the different retirement savings strategies that you have as a self-employed person. For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/02/retirement-plans-for-the-self-employed/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover the ins and outs of 401k plans, from their historical growth to the importance of maximizing contributions. Learn how to identify hidden fees that could be eating into your savings, and understand the benefits of both pre-tax and after-tax options. Explore strategies for early withdrawals and the nuances of Net Unrealized Appreciation, particularly concerning employer stock. Plus, engage in a lively community discussion about smart financial planning and advocacy for better retirement outcomes!