Money Guy Show

If you’re a parent, you know the love for your child is like nothing else in the entire world. You take all the essential measures to keep your kids safe, clothed, fed, and happy. But are you dropping the ball when it comes to the financial side of being a parent? Join us for today’s episode as we share the six financial planning items you should definitely address to help ensure your child’s financial security. For more details, please visit the show notes on our website:  https://www.moneyguy.com/2019/01/6-financial-planning-tips-parents/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Assets in passive equity strategies grew to nearly 45 percent of all stock market investments in the U.S., and active equity managers continue to lose ground due to the over $470 billion investors have invested in passive equity strategies like index funds. There is good reason why index investing has an eager and growing participation. It is much cheaper than active management. But, are index funds better for your financial goals? The answer is yes, but with a footnote. For anyone that has listened to our show for some time, you know that we are huge proponents of index investing. There are a lot of reasons to like index funds, but what is the difference between index investing and active management? And how can you use index funds to reach your financial aspirations? That’s what we cover in today’s episode of The Money Guy Show. For more details, please visit the show notes on our website:  https://www.moneyguy.com/2019/01/index-funds-vs-actively-managed-funds-are-you-making-a-mistake/  Learn more about your ad choices. Visit megaphone.fm/adchoices

Ever wonder why certain people are more financially successful than others? Does it have something to do with their economic status their born into? IQ? Genetics? Behaviors? Or a combination of certain factors? Well, as it turns out, research consistently reveals since as early as the last 1800s, that the vast majority of millionaires don’t come from millions. What the research does find again and again is that self-control and discipline behaviors are correlated with success. This is good news! This means that financial success is well-within your control. And the money decisions you make now can have a big and small impact on your overall financial situation.  Join us for this week’s installment of The Money Guy Show as we reveal the 8 behavioral finance questions every individual and couple should ask before making major financial decisions. For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/01/questions-before-major-financial-decisions/ Learn more about your ad choices. Visit megaphone.fm/adchoices

It is no secret that the stock market has been a bumpy road in recent weeks. Any media channel you tune to will highlight the volatile performance of the S&P and Dow Jones. Headlines like, "Dow Plunges More Than 650 Points as Apple Flashes Warning Signs" are quickly followed by, "Stocks Surge After Blowout Jobs Report." For investors, the undulating market performance can be nauseating. As we traverse what is, most likely, a bear market, we want to make sure that our Money Guy Show fans and Abound Wealth clients don't make short-term decisions that can derail long-term financial goals. Therefore, be sure to tune in to this week's episode to find out what to do if a bear market attacks. In today's episode, we cover the facts and data about market performance that helps put all the headlines into perspective and can help you sleep easier at night. Equip yourself with the knowledge that can prevent you from making irrational, short-term decisions that could derail your retirement. For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/01/survive-bear-market-attack/  Learn more about your ad choices. Visit megaphone.fm/adchoices

Happy New Year Money Guy Show Family! There has never been a better time to buy into the market and start investing than right now! Between investment options and low-cost investments, you have an opportunity to supercharge your finances by investing. Unlike earlier years, today you have access to different financial products that simply weren't available before. And If you have less than $250,000 in investable assets, you probably don't need a financial advisor just yet. Meaning, you can jumpstart and build wealth on your own for now.  If you have more than $250,000, then it's probably time to consider hiring a co-pilot to avoid making financial mistakes and maximize your investment returns.  Either way, no matter where you are in your financial journey, today's episode shares the 9 steps you can take to invest $1,000 right now! Imagine the impact properly investing $1,000 can have on your growth potential. We talk about that and so much more in today's show.  For more details, please visit the show notes on our website: https://www.moneyguy.com/2018/12/how-to-invest-1000-in-2019/  Learn more about your ad choices. Visit megaphone.fm/adchoices

The New Year equals new opportunities to calibrate and refocus. 2019 can be your year of success! As one of our neighbors and friends here in Franklin, TN says, “You can make this year your best year ever!” So, be sure to join us for this very special year-end episode of The Money Guy show where we provide you with an overview of what you need to be doing to keep yourself on track financially. For more details, visit the show notes on our website: https://www.moneyguy.com/2018/12/win-with-money/    Learn more about your ad choices. Visit megaphone.fm/adchoices

This week’s mini episode of The Money Guy Show zeros in on the five mistakes all new business owners tend to make. Brian admits to making all of these mistakes himself when he was a new business many years ago and has seen it time and time again with others. So, what are these five entrepreneurial mistakes and what can you do to avoid them if you yourself are a new entrepreneur or thinking about becoming one? Tune in to today’s episode to glean valuable insights about mistakes to avoid as a new business owner and lessons you can learn from the entrepreneurs who have come before you. For more details, visit the show notes on our website: https://www.moneyguy.com/2018/12/5-entrepreneurial-mistakes/   Learn more about your ad choices. Visit megaphone.fm/adchoices

Everyone wants to be like a celebrity. All they have to do is have the right handbag, shoes, or outfit and it will sell out. We have learned celebrities are not immune to financial mistakes. We have all seen stories in the media about different mistakes that celebrities have made. Be sure to tune-in to this week’s episode of The Money Guy Show as we share the lessons we have learned from celebrity financial mistakes. Also, how you can apply these lessons to your financial life. For more details, please visit the show notes on our website: https://www.moneyguy.com/2018/12/celebrity-financial-mistakes/   Learn more about your ad choices. Visit megaphone.fm/adchoices

Are generous people more successful? Cultural idioms like it’s a “dog-eat-dog-world” and “nice guys finish last” may have you thinking that while generosity is the “right” way to be, it doesn’t always pay-off in the end. And that somehow the “ends justifying the means” is the way to get to the top of the success scale. Well, we have a contrary belief to the worldview of generosity and, as it turns out, there are studies that reveal that generosity does, in fact, lead to success! Be sure to tune-in to this week’s short episode of The Money Guy Show to find out just how successful some generous people are and how they get there while others do not. For more details, please visit the show notes on our website: https://www.moneyguy.com/2018/11/generous-people-more-successful/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Ever wonder what the 12 days of Christmas cost? Well, we did too! Today’s episode is inspired by PNC Bank’s Christmas Price Index. For 35 years, they have calculated the prices of the twelve gifts from the classic carol "The Twelve Days of Christmas." The result is the PNC Christmas Price Index, a unique and whimsical holiday tradition that makes learning about the economy fun. In addition to covering PNC’s Christmas Price Index and inflation, we also wanted to relate these twelve traditional gifts to financial tips and recommendations we think you ought to take care of before 2019 gets here. We are only a few weeks away from a brand new year, and there are certain financial matters that are better to address in the current calendar year. Money Guy Show family, it is officially “Merry Christmas” time. Join us for today’s episode of The Money Guy Show as we uncover the 12 ways you can save this holiday season!   For more details, please visit the show notes on our website: https://www.moneyguy.com/12-Days-Saving  Learn more about your ad choices. Visit megaphone.fm/adchoices