Money Guy Show

This is a special episode of The Money Guy Show with special guest Fritz Gilbert of The Retirement Manifesto. Fritz joins us in this episode to share his personal experience of transitioning to retirement with plenty of actionable takeaways for The Money Guy Show audience. The transition to retirement can be a smooth one if you are prepared and planned accordingly. The earlier you start planning f...

There’s a whole industry on avoiding estate taxes. Should I use whole life insurance to avoid estate taxes? Tune in to this week’s mini-episode of The Money Guy Show as we discuss how whole life insurance is being used for estate planning. For more details, please visit the show notes on our website: https://www.moneyguy.com/2018/09/use-whole-life-insurance-to-avoid-estate-taxes/   Learn more abou...

Unfortunately, there are quite a few products, services, and straight-up rip-offs that you need to be aware of so that you can decide what is appropriate and what will detract from your financial vision. It’s sometimes difficult to tell the difference between useful investment or expenditure and the equivalent of lighting your money on fire. This show is also stocked full of useful and surprising...

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 y...

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 aw...

  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 in...

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-operati...

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...

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 de...

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 th...

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 bec...

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 choi...

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...

Tune in to this week's episode of The Money Guy Show as we discuss the sport of timing the market and what investors need to keep in mind. While we may enjoy speculating about what could happen, it's important to remember that no one can predict the future and that includes the financial future. Find out just how harmful it can be to investors when investment advisors and media personalities peddl...

This week's episode is the second installment of The Worst Mistakes You Could Make With Your Money. Last week, we addressed money mistakes to avoid in your 20s and 30s. This week, we share the money moves that are important to make in your 40s, 50s, and 60s. For more details, please visit the show notes on our website: https://www.moneyguy.com/2018/06/the-worst-mistakes-you-could-make-with-your-mo...

There is an old saying that goes something like, "Mistakes are the best teachers." And while this is undoubtedly true, perhaps we can all agree that learning from other people's mistakes when it comes to our finances is way better than making them ourselves. In this week's episode of The Money Guy Show, we're doing just that! We are peeling back the curtain on the worst possible mistakes you could...

If you are interested in lowering your auto insurance bill and monthly premiums, then you'll want to tune in to this week's episode of The Money Guy Show. We share how you can save money and keep yourself protected.   For more information, please visit the show notes on our website: https://www.moneyguy.com/2018/06/9-ways-to-lower-your-auto-insurance-bill/ Learn more about your ad choices. Visit m...

When is it OK to spend money? It's very common for people who prioritize building wealth to shudder at the notion of spending it. After all, we as a tribe have self-selected out of this culture of consumerism and embraced a lifestyle of forced scarcity to help us reach financial goals and, ultimately, financial independence. But spending money isn't inherently bad. In fact, once you get to a place...

Why are Americans broke? On May 15, 2018, Charles Schwab released their second annual Modern Wealth Index Assessment for 2018. What this report revealed is that Americans have some work to do to rightsize their finances. What was even more interesting, is that this Wealth Index Assessment identified the primary contributing factor as to why Americans aren't better off financially. Tune in to today...

We have an entirely different type of show for you today! Join Brian and Bo as they take you on a trip in Brian's Tesla Model 3. Yes, you heard that right, Brian and Bo take this week's show out of the studio and on the road. You'll want to watch this week's episode on YouTube if you can. This episode is part Tesla review, part car industry overview, and part how electric vehicles impact personal...

Have you ever wondered if you should buy whole life or term insurance? Tune in to this week's mini-episode of The Money Guy Show as we review the two different types of life insurance policies and what you need to know about them both.   For more details, please visit our website for show notes: https://www.moneyguy.com/2018/05/what-you-need-to-know-about-whole-life-vs-term-insurance/ Learn more a...

Part of what goes into making smart money choices is understanding your investments, how they work, and what impacts how they perform. That is why we take a deep dive into investments and share the fundamentals of what investors should know about stock valuations. In this show, we cover what drives the stock market's ups and downs, how you can measure how you're doing with your investments, and th...

Should you have a Health Savings Account (HSA)? Fidelity estimates that people 65 years of age till death will require $275,000 to cover medical care costs in retirement. That can leave many of us wondering how to plan and prepare for having that sum of money ready for future healthcare costs. Fortunately, there is a financial tool that may just be the answer for saving toward healthcare costs in...

In this week's episode of The Money Guy Show, we share the wealth-building habits by age that can put you on the path to Millionaire status. Tune in to find out how to dial-in your money mindset in each decade of your life, and what financial matters you should be most focused on as you progress through the years. For more details, please visit the show notes on our website: https://www.moneyguy.c...

If you've come into some money, how should you invest it? Lump sum or dollar-cost average? Tune in to this week's episode of The Money Guy Show to find out how each investment strategy works and how to assess which one is right for your specific situation. For more information, visit the show notes on our website:  https://www.moneyguy.com/2018/04/how-to-know-if-you-should-invest-in-a-lump-sum-or-...