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Financial Advisors React to Wild Money Advice

6/29/202616 min

Check out Erin's channel on YouTube: Erin Talks Money

Viral money advice is everywhere—but how much of it actually helps you build wealth? In this episode of Financial Advisors React, Brian Preston, Bo Hanson, and Erin Talks Money break down popular financial clips covering investing, HELOC strategies, saving for retirement, earning more income, index funds, college majors, spending guilt, and wealth-building habits. Learn which advice stands the test of time, which strategies could hurt your financial future, and how Financial Mutants can make smarter decisions with their money.

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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.

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Clips

Transcript preview

First 90 seconds
  1. Speaker 10:00

    So good. So good. So good New summer arrivals are at Nordstrom Rack stores now.

  2. Speaker 20:06

    Get ready to save big with up to 60% off brands like Rag & Bone, Levi's, Adidas, and Free People. Join the Nordie Club to unlock exclusive discounts, shop new arrivals first, and more. Plus, buy online and pick up at your favorite Rack store for free. Great brands, great prices. That's why you Rack.

  3. Speaker 30:25

    So you're saying with Hilton Honors, I can use points for a free night's stay anywhere?

  4. Erin· Guest0:31

    Anywhere.

  5. Speaker 30:32

    What about fancy places like the Canopy in Paris?

  6. Erin· Guest0:35

    Yeah. Hilton Honors, baby.

  7. Speaker 30:36

    Or relaxing sanctuaries like the Conrad in Tulum?

  8. Erin· Guest0:40

    Hilton Honors, baby.

  9. Speaker 30:42

    Ooh, what about the five-star Waldorf Astoria in the Maldives?

  10. Erin· Guest0:45

    Are you gonna do this for all 9,000 properties?

  11. Speaker 30:48

    When you want points that can take you anywhere, anytime, it matters where you stay. Hilton. For the stay.

  12. Brian Preston· Host0:55

    We've got some wild and crazy clips, and as you can see, Aaron Talks Money.

  13. Erin· Guest1:01

    Hey, guys. Thanks for having me back.

  14. Bo Hanson· Host1:07

    I am so excited that you are here, Aaron, and I can't wait to see what the internet has in store for us this morning.

  15. Kevin O'Leary· Soundbite1:13

    What's the first piece of advice I give my kids about money and the last piece of advice, and the advice I always give them? Don't spend it. Save it. Invest it. Let it compound. Market gives you 8 to 10 percent. Take 15% of every paycheck, I don't care how big it is or any gift Granny gives you or anything you get on a

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