Financial Advisors React to Insane Money Clips
6/15/202622 min
Financial Advisors React is back with some of the wildest money clips on the internet. From “money is just an idea” and private chef tax write-offs to trading challenges, student loan reality checks, and people who have never heard of a 401(k), Brian and Bo break down the financial lessons hidden inside the chaos. Along the way, they cover investing, saving, retirement planning, index funds, wealth building, financial literacy, and why getting rich is usually a lot less exciting than social media makes it look. If you've ever wondered whether internet money advice actually works, this episode is for you. Jump start your journey with our FREE financial resources Reach your goals faster with our products Take the relationship to the next level: become a client Subscribe on YouTube for early access and go beyond the podcast Connect with us on social media for more content Bring confidence to your wealth building with simplified strategies from The Money Guy. Learn how to apply financial tactics that go beyond common sense and help you reach your money goals faster. Make your assets do the heavy lifting so you can quit worrying and start living a more fulfilled life. Learn more about your ad choices. Visit megaphone.fm/adchoices
Clips
Transcript preview
First 90 secondsBrian Preston· Host0:00
Y'all ready to get wild? Let's see some insane money clips Bren, I am so excited, 'cause whenever the team says insane, we know it's gonna be good.
Speaker 30:08
I'm 27 and I have no savings.
Speaker 40:10
Only broke people would disagree with me on this- Do you know what a 401[k] is?
Bo Hanson· Host0:13
Absolutely not.
Speaker 50:14
Do you know how to mail a check?
Bo Hanson· Host0:15
Not a clue.
Speaker 60:16
Day 60 out of 60 of making 10K in 60 days.
Bo Hanson· Host0:19
It just doesn't work that way.
Speaker 70:20
Between me and my wife, we make about $150,000 per year.
Brian Preston· Host0:23
Poverty line. What?
George· Soundbite0:25
I hire a private chef to cook the meals.
Brian Preston· Host0:26
Y'all are a mess.
Speaker 50:27
How old are you, and how much do you have in savings?
Speaker 30:30
I'm 27, and I have no savings.
Speaker 50:32
Okay, and what's holding you back from saving right now?
Speaker 30:34
Uh, I think that money is, uh, an idea, um, that allows people to do what they want with their time, and I think most people stress about the value that they have at a specific time in their life. Um, but I like to think about myself as less of a member of society, but more of a member of nature and the universe.
Bo Hanson· Host0:55
Okay, so that's a perspective. You might have a different perspective, different idea, but even if you do think of yourself as a m- member of nature and the universe, money for most people is still a necessity in order to do the things that we value. Maybe if one of the things you value is being in nature or spending time having activities and making memories in the universe, and to do those things, most often you have to have some sort of money to be able to do that. And if you wanna be able to do those things in the future, you probably ought to be saving some sort of money today so that you can have in the future.
Brian Preston· Host1:21
First of all- I know where you're going.
Bo Hanson· Host1:22
I know where you're going ...
Brian Preston· Host1:22
that is a very small inseam on those shorts.
Bo Hanson· Host1:25
It's... They're short shorts.
Unknown speaker1:28
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