Money Guy Show

One of our biggest issues with the financial industry is when products are sold to consumers and investors through fear tactics. And while there are instances where fear is a natural motivator behind certain financial products, such as having a will if you have dependent children, not every financial decision should be based on fear.   There are many financial products out there designed to help you achieve financial goals. Understanding your needs and the purpose financial tools can serve is paramount to you making wise decisions about your finances. Tune in to this week’s short episode of The Money Guy Show to find out which financial products are generally sold with fear-based tactics and how you can safeguard yourself against them. For more details, please visit the show notes on our website:  https://www.moneyguy.com/2018/09/are-you-letting-fear-drive-your-investment-decisions/  Learn more about your ad choices. Visit megaphone.fm/adchoices

If you were just going off what you hear from friends and family members at social gatherings, you might think everyone hits it big when they trade stocks. People are eager to tell you when their risky investments make money, but they are less forthcoming about all the busts.  Trying to time the market to get that “big win” is a risky endeavor. Ben Carlson from A Wealth of Common Sense wrote an awesome post back in 2014 that introduced us to Bob, "The World's Worst Market Timer." Join us for this week’s episode of The Money Guy Show, as we unpack the cautionary tale represented by Bob, “The World’s Worst Market Timer” and highlight where Bob goes wrong and what his potential outcomes could have been if he did things differently. For more details, please visit the show notes on our website:  https://www.moneyguy.com/2018/08/how-to-beat-market-timers/ Learn more about your ad choices. Visit megaphone.fm/adchoices

  It’s an exciting time to be an investor because price wars have been gradually bringing down the cost to invest in recent years. But is it really possible to invest with zero fees?   We’ve observed the industry has been slowly moving toward zero, and it looks like it has finally gotten there. Join us for this week’s episode of The Money Guy Show to hear us discuss this big news about zero-fee investing and what it can mean for your wallet and future. For more details, please visit the show notes on our website:  https://www.moneyguy.com/2018/08/zero-fee-index-funds-are-here-heres-what-it-means-for-your-wallet/  Learn more about your ad choices. Visit megaphone.fm/adchoices

Knowing how to prioritize every dollar that comes in is a major factor in your overall success. Join us for this week's episode of The Money Guy Show where we share ways to approach your finances that can result in two to three times the amount of money you have at retirement.  For more details, please visit the show notes on our website: https://www.moneyguy.com/2018/08/financial-order-of-operations-how-to-prioritize-your-financial-goals/ Learn more about your ad choices. Visit megaphone.fm/adchoices

If you want to stretch your back pocket and make it go as far as possible, then tune in to this week's episode of The Money Guy Show. We're talking about some supreme online shopping ninja skills that can help increase your purchasing power. Tell us the idea of stretching your money an extra 5 to 10% more than your friends doesn't put an extra pep in your step! Find out the three things you can do to maximize your dollar bill. For more details, visit the show notes on our website:  https://www.moneyguy.com/2018/08/shopping-hacks-that-will-save-you-a-fortune/  Learn more about your ad choices. Visit megaphone.fm/adchoices

We all come from different families, unique individual talents, geographic locations, and from poor, modest, or wealthy parents. These are the special recipe ingredients that make us who we are. You don’t realize it, but some of these special recipe ingredients will be the rocket fuel that propels you to tremendous success, and some will be the limiting beliefs or blind spots that could slow or derail your best version of yourself. Let’s make sure that your financial decision making is BIG enough and that you are not being distracted or derailed by a blind spot or limiting beliefs. Join us for this week's episode of the Money Guy Show where we share practical advice on how to reach your full wealth potential.   For more details, please visit the show notes on our website: https://www.moneyguy.com/2018/08/seeing-the-big-picture-of-your-financial-life/  Learn more about your ad choices. Visit megaphone.fm/adchoices

Cable is expensive, and the customer service takes the cake for being one of the worst in the industry. So, do we really need to pay exorbitant prices and accept bad service to watch the shows we love? We say nay and share why in this week's short episode. Tune in to this week's episode to find out how you can cut the cord without sacrificing your favorite shows.  For more details, please visit the show notes on our website:  https://www.moneyguy.com/2018/07/should-you-cut-the-cable-cord/  Learn more about your ad choices. Visit megaphone.fm/adchoices

When it comes to investing, do you ever find yourself reacting to the media headlines? If you spend even one day listening to financial news updates, you could be convinced that you need to do something drastic to combat the doom and gloom that's perpetuated by industry 'gurus.' Fear is often the driving emotion behind bad financial decisions, and we don't want you to total your financial life because of such peer pressure. You (and any other investor) are told on a daily basis by the financial media to follow the herd and invest your money in this or that, or worse... sell when things seem scary. In this week's episode, we talk about how even when there's good news the media somehow wraps it up in negativity. Don't be misled in your financial life. For more details visit our show notes on our website: https://www.moneyguy.com/2018/07/when-you-invest-following-the-crowd-can-be-dangerous/  Learn more about your ad choices. Visit megaphone.fm/adchoices

What's the difference between a traditional (pre-tax) IRA and a Roth IRA? We have your answers in this week's short episode of The Money Guy Show. While this is foundational financial advice, we share advanced skills you won't want to miss.    For more details, please visit the show notes on our website:  https://www.moneyguy.com/2018/07/401k-vs-roth-which-is-better/  Learn more about your ad choices. Visit megaphone.fm/adchoices

If there was a way for you to become a tax-free millionaire, do you think that would be something you'd want to know about? The good news is that there is a retirement vehicle that was designed to incentivize Americans to save toward retirement by allowing assets to grow tax-free, and it's known as a Roth IRA. You may be familiar with what a Roth IRA is but do you know all the reasons that make it such an amazing component to your overall retirement strategy? You're in luck because in this week's episode of The Money Guy Show we share why Roth IRAs were created and how you can use them to gain the highest benefit. For more details visit the show notes on our website: https://www.moneyguy.com/2018/07/how-to-be-a-tax-fee-millionaire/  Learn more about your ad choices. Visit megaphone.fm/adchoices