Money Guy Show

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

When you get serious about taking control of your finances, one of the first names or resources you may come by is Dave Ramsey. He is a beast in the personal finance industry. Dave has undoubtedly impacted millions - MILLIONS- of people’s lives through his Financial Peace University, radio show, best-selling books, and the plethora of other financial education resources available through Ramsey Solutions. But what happens after you take control of your money and climb out of the “dungeon of debt” as Bo calls it? Well, here is where we think that our Financial Order of Operations parlays nicely with Dave Ramsey’s 7 Baby Steps. For more information, visit: https://www.moneyguy.com/2019/07/dave-ramsey-baby-steps/ Learn more about your ad choices. Visit megaphone.fm/adchoices

So often, we are asked whether someone should pay off an outstanding loan or invest. In today’s show, we put the rubber to the road and focus on the numbers. We also look at the different types of debt, how some is more punitive than others, and discuss the role it plays in your overall financial success. Yes! Debt is an important tool to help you achieve financial success. For more information, visit: https://www.moneyguy.com/2019/07/when-to-invest Learn more about your ad choices. Visit megaphone.fm/adchoices

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

Everything you know about money is probably wrong, and holding you back from success in your financial life! Well, today that will change in this episode of the Money Guy Show we are going to straighten it all out for you. For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/06/everything-you-know/ Learn more about your ad choices. Visit megaphone.fm/adchoices

The FIRE Movement. What is it? Who’s doing it? Should I do it? Is it good or bad? How do I do it? These are all questions you may ask yourself when you hear people talking about the FIRE Movement. We cover all of this and so much more in this week’s episode of The Money Guy Show. You may notice that we have a special visitor for this episode. Brian is out of the office visiting his favorite mouse (if you guessed Mickey, you'd be right)! Gabe Talley from our team joins us and shares his vast knowledge on this subject with our Money Guy family. You don’t want to miss this episode of the Money Guy Show. For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/06/fire-movement/ Learn more about your ad choices. Visit megaphone.fm/adchoices

How does your 401(k) balance measure up against your peers? Do you have enough or are you behind? When we meet with potential clients, most of them want to know the answer to these two questions: Where am I? Where am I headed? Tune in to this week’s episode as we share the average 401(k) balance by age and answer the question of whether or not you're behind with your retirement savings. For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/05/average-401k-balance/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Keep it simple, Sam or Sally! How do you KISS gpur complicated financial life good-bye? When I was younger and working as an accountant, I used to dream about being a sophisticated financial person. I wanted to have a complicated tax return, because I felt that meant I had a great life. Be careful what you wish for because later in life I had a complicated financial life and began to think what I can do change it. Simple may not be sexy and may not turn heads, but it can give you something more valuable: peace of mind. It can put you head and shoulders ahead of your peers. In this week's episode, we share ways you can simplify your finances. For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/05/simplify-your-finances Learn more about your ad choices. Visit megaphone.fm/adchoices

What is one of the most shocking statistics that impacts your finances? Spoiler Alert: It affects everyone regardless of age, gender, socioeconomic status, or where you live. If you guessed mortality, you'd be correct. 100% of us will die. We know that this is not something to take lightly, and here at the Money Guy Show, our goal is to make sure that you and your family are financially prepared for all of life’s seasons. Are you and your loved ones financially prepared and protected for when you pass on? Tune in to this episode and learn how to adequately plan your finances when you're gone, how to approach finances if a loved one passes away, and what you need to know to be an executor of an estate. For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/05/prepare-for-death/ Learn more about your ad choices. Visit megaphone.fm/adchoices

One of the biggest decisions you will make in your life is marriage! As you know, here at the Money Guy show, marriage and finance has always been a very important topic. Money creates a unique dynamic within any marriage, and how you manage it can strengthen or undermine this significant relationship. The inspiration for today's episode actually comes from a personal situation. I was on a trip with some of my old Georgia neighbors when my wife called me in a panic. She shared that she had a vivid dream that I had passed away. She realized that even though she is listed on all of our accounts, she did not know how to access them and began to wonder what would happen if I was no longer here. Are you and your better half set up for financial success as a couple? Find out how you can make your personal finances an opportunity to grow together rather than allow it to drive a wedge and become a source of stress and marital discord. Tune in to this week’s episode as we discuss, “How To Bulletproof Your Marriage Financially.” For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/05/money-and-marriage/ Learn more about your ad choices. Visit megaphone.fm/adchoices

You are in for a special treat this week! We are doing #AskTheMoneyGuy right here in the studio. Every week we answer listener requested questions, but this week we felt we wanted to dedicate more time and make this question into a full show. Are you the Chief Operations Officer (COO) for your household? Perhaps more specifically, are you a stay-at-home spouse who manages all the household finances? If you have ever wondered about retirement, social security, or your financial future in general, you won't want to miss this episode. We discuss the options of building personal assets versus depending on your working spouse. We agree this is an important topic. Thank you Kate for submitting this question! Tune in to this week’s episode as we answer the question, “How to plan for your financial future as a stay-at-home spouse.” For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/05/stay-at-home-spouse/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Debt is a four letter word. Is that a coincidence or a consequence? In this week’s episode, we take a deep dive into each age group and what debt should look like at each stage. If your boat is leaking because of debt, cash flow issues, or making monthly payments is a struggle, then you want to take control of your finances immediately so you can get on the path to financial independence. This episode can help you do just that! Tune into this week’s episode as we walk you through how you can handle debt over your various stages of life. For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/04/debt-by-age/ Learn more about your ad choices. Visit megaphone.fm/adchoices

There are four accounts that you may or may not be aware of that can change your financial life. This is not clickbait, we want to share with you about these accounts because they can transform your finances. We were inspired to produce today’s episode from the many emails and questions we have received from you, our loyal listeners. As you know, The Money Guy Show exists to help you make simple and smart choices with your money. We are passionate about everyone saving for the future, and we always want to make sure that we help you succeed. Tune in to this week’s episode as we share the four investment accounts that can potentially change your life. For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/04/four-investment-accounts Learn more about your ad choices. Visit megaphone.fm/adchoices

The Rule of 3! Have you ever noticed that you are only able to hold three or four key concepts at a time? That applies to your finances as well. Life, liberty, and the pursuit of happiness is just an example of the Rule of 3 concept. We wanted to have an episode where we break down the financial basics to set you up for success. Tune in to this week’s episode of The Money Guy Show as we discuss the Rule of 3 and how you can apply it your finances. For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/04/rule-of-3/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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

You know that here at The Money Guy Show, we don’t just want you to save toward retirement. We want you to save as much as possible toward retirement and as early as possible! We especially want you to contribute enough to your employer-sponsored retirement plan so that you get that employer-match. Free money! But how do 401k plans work? And what information should you have handy so that you can maximize your contributions to this effective retirement-savings vehicle? Tune in this week to learn about the financial planning opportunities you can take advantage of in your employer-sponsored 401k or 403b plans. For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/02/401k-plans-deconstructed/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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

Today’s episode of The Money Guy Show is inspired by a listener question. This listener wrote in to the show and asked us what advice we wish we knew as a teenager, because she is a youth group leader working closely with young adults. And what a great question this is! So, we’re shifting today’s episode to speak directly to our teenage listeners and parents with teenagers. Even if you aren’t in this group of listeners, there are still plenty of useful and timeless tips we share to help set you up for financial success. For more details, visit the show notes on our website: https://www.moneyguy.com/financial-advice-teenager Learn more about your ad choices. Visit megaphone.fm/adchoices

We have a special show for you this week with a very special guest: Dr. Sarah Stanley Fallaw, Ph.D. Dr. Fallaw is the founder and President of DataPoints LLC, a company that provides scientifically validated, automated behavioral finance tools to the financial services industry. DataPoints created the industry's first biodata-based, predictive assessment of individual propensity to build wealth. She is the co-author of The Next Millionaire Next Door, a new edition to her father Dr. Thomas Stanley’s original text The Millionaire Next Door. Dr. Fallaw joins us to share her research on what the portrait of today’s millionaire looks like. She reveals the psychological and behavioral side of financial planning. Tune in to find out how the way people think about and react to money correlates with their ability to build wealth. For more details, visit the show notes on our website: https://www.moneyguy.com/2018/11/become-next-millionaire-fallaw/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Hey Money Guy Show family! We’re back with a second episode on how you can plan for your next magical Disney World vacation. We did a similar show two years ago (Maximizing the Magic: All the Ways You Can Save Money at Walt Disney World) and are back with even more tips and tricks you can use to help you make the Disney magic go further. Brian just returned from a family vacation to Disney World in mid-October and has fresh and new ideas to share with you. When a Disney World vacation can easily cost you thousands of dollars, it’s vital to get the most from your Disney experience. Tune in to this week’s mini-episode of the Money Guy Show to get new Disney World planning tips, money savings tactics, and exciting park updates. For more details visit the show notes on our website: https://www.moneyguy.com/2018/10/walt-disney-world/ Learn more about your ad choices. Visit megaphone.fm/adchoices

In today’s episode of The Money Guy Show, we take a closer look at Sarah Stanley Fallow, Ph.D.’s new book The Next Millionaire Next Door, Steven Covey’s 7 Habits of Highly Effective People, Tom Corley’s 9 Habits of Highly Successful People, and Tony Robbin’s How to Establish Joyful Habits. What we found is that there are certain habits and behaviors that show up again and again that correlate with success. Be sure to tune in as we explore the habits and choices that millionaires make that contribute to their financial well-being. Also, if you haven’t done so already be sure to subscribe to our mailing list so that you get access to special show giveaways. For more details, please visit the show notes on our website: https://www.moneyguy.com/2018/10/financial-success-habits/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Today’s mini-episode of The Money Guy show is a compilation of road shows we put together for our #AskTheMoneyGuy series. In today’s listener-inspired episode, we cover a question we get all the time that we didn’t realize would come up as often as it does and that is how to become a financial advisor. This one is near and dear to our hearts as financial advisors ourselves and a question we’re happy to answer in this week’s installment of The Money Guy Show. Be sure to join us on the road this week as we talk about how to become a financial advisor. For more details, visit the show notes on our website: https://www.moneyguy.com/2018/10/how-to-become-a-financial-advisor/ Learn more about your ad choices. Visit megaphone.fm/adchoices

So much is made about this tool of asset management, but how much does the average investor actually know? As a brief overview, rebalancing is getting your investment allocation to the appropriate target. For example, if your portfolio is comprised of 60% in risk assets (i.e. stocks) and 40% in conservative assets (i.e. bonds) and one piece of that moves differently and throws the balance off, rebalancing helps to get you back to your original allocation. In the simplest form, rebalancing buys the assets that have gone below the allocation threshold you would like to be at and sells the assets that have gone over. And you rebalance so that you can maintain the appropriate level of risk in your portfolio and to help stay on track to reach long-term financial goals. But what does the research say about rebalancing? And what is the common sense approach when it comes to this tool? Tune in to this week’s episode to hear us dive into the nuts and bolts of rebalancing and how you can use it in your financial life. For more details, please visit the show notes on our website: https://www.moneyguy.com/2018/10/a-different-take-on-rebalancing/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Hey Money Guy Show Family! Cash is making money again. That’s right. Times are changing and you can generate income from cash again. (Seriously) The Great Recession (2008-2009) slashed interest rates and they were in a free fall sitting on the bottom at 0.5% for the better part of a decade. Now, cash is making a comeback and it can yield over 2% today in high-yield savings accounts and over 2.5% in a 1-year CD and 3% for longer term CDs. We’re at the point now where we all should start paying attention to cash as an asset class that can yield a return and what you can do about it. For more details, please visit the show notes on our website: https://www.moneyguy.com/2018/10/cash-is-making-money-again-here-is-what-it-means-for-your-wallet/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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 for retirement, the better. Our guest Fritz is just one (powerful) example of how effective financial planning can be to help you reach you financial goals and, ultimately, financial freedom. For more details, please visit the show notes on our website: https://www.moneyguy.com/2018/09/surviving-and-thriving-in-the-transition-to-retirement-with-fritz-gilbert/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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 about your ad choices. Visit megaphone.fm/adchoices

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 information that you may not have been aware of. Even if you are a Money Master, there are nuggets of information you can share with your tribe. Be sure to tune in as we share our thoughts on the worst financial rip-offs so you can determine if they are useful to you or if you should steer clear. For more details, please visit the show notes on our website: https://www.moneyguy.com/2018/09/the-worst-financial-rip-offs-and-how-to-avoid-them/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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