Money Guy Show
Episodes
Falling Behind? The RIGHT Way to Catch Up This Year
22 Jan 2025
Contributed by Lukas
"Been watching Money Guy for a bit now. I'm having a hard time deciding where to start and I need to because I’m way behind. Eight percent going to ...
How to Buy a House in 2025!
20 Jan 2025
Contributed by Lukas
"Do you have guidelines on housing cost in relation to net worth or just income?" We'll walk you through that question and more in today's Q...
How to Make Your First $1,000,000 (And Then the Next Four)
17 Jan 2025
Contributed by Lukas
Our show, “Retiring with $1,000,000 (by age)” - showed you that $1M probably wasn’t enough for financial independence especially if you’re 10+...
How To Maximize Your 401(k) Strategy!
15 Jan 2025
Contributed by Lukas
"I’m 31. My 401(k) lets me pick a percentage for Roth and a percentage for Pre-Tax contributions. I have $7k in a Roth IRA, and plan to max out 401(...
What to Do with Bonus Money
13 Jan 2025
Contributed by Lukas
"With bonus season coming up, what is the best use of bonus money? Should you use your bonus to pay off debt and build your 6 months savings? Or shoul...
5 Levels of Wealth (2025 Edition)
10 Jan 2025
Contributed by Lukas
We believe there are five distinct levels of wealth, but they aren’t solely dependent on income or net worth. We’ll walk you through each of the f...
The Hard Truth About Helping Friends With Money
08 Jan 2025
Contributed by Lukas
"My stepson just turned 20. What is the best way to "teach" him about making his dollars work for him vs sounding like I am "preaching" about it?" ...
How to Combine Finances the RIGHT Way
06 Jan 2025
Contributed by Lukas
"Hi guys! My fiancé and I are getting married in December. As we look to merge our finances, what advice do you have for this transition process?" ...
Net Worth By Age (2025 Edition)
03 Jan 2025
Contributed by Lukas
It’s our FAVORITE time of year! Ever wondered if you're on track with your net worth? In this guide, we break down exactly where Americans stand fin...
Don't Make These Inheritance Mistakes!
01 Jan 2025
Contributed by Lukas
"Im 28 and on step 6 of the FOO. I will inherit $300k soon and I'm unsure where to put the money. I would like to retire early so taxable accoun...
"How Do I Buy an RV?"
30 Dec 2024
Contributed by Lukas
"How should I treat the purchase of an RV? Does this count as a luxury vehicle and need to pay cash or pay off in a year?" We'll walk you through ...
Financial Advisors React to Unhinged Money Advice on TikTok!
27 Dec 2024
Contributed by Lukas
Brian and Bo take on some of the most unhinged financial advice we've found on TikTok! Jump start your journey with our FREE financial resources...
Your Salary Structure is WHAT?
25 Dec 2024
Contributed by Lukas
"I have started a new job where I get paid 90% of my salary in 5 months. How do I go about planning this without running out of money before my pay ki...
Is THIS a Secret Investing Hack?
23 Dec 2024
Contributed by Lukas
"What are the money guys opinions on leveraged stocks? Maybe I’m missing something, but wouldn’t a 2x leverage S&P stock be a great investment in ...
4 Essential Tips to a Perfect Retirement
20 Dec 2024
Contributed by Lukas
We tend to not go into detail about retirement on the show because retirement is so unique. Wealth-building for the majority of people is more straigh...
Should I Slow Down Saving to Buy a Car?
18 Dec 2024
Contributed by Lukas
"My 23 YO daughter got married this weekend. She has no debt outside her home, has emergency fund, but needs a newer car. Should she reduce 401K down ...
I’m Losing 50% of My Income - What Now?
16 Dec 2024
Contributed by Lukas
"How would you approach a potential job change from a secure salaried job to commission based role? The new role would have a 50% cut in base pay but ...
Are You Richer Than Your Friends?
13 Dec 2024
Contributed by Lukas
Understanding where you fall on the financial spectrum - whether you're behind the curve, ahead of the curve, or right on the curve - can be an invalu...
How to Avoid Spending Anxiety
11 Dec 2024
Contributed by Lukas
"Wife and I are both 27. We are at about $100k liquid net worth. We started 6 years ago but are both becoming misers! We get terrible spending anxiety...
When to Start Drawing from Social Security
09 Dec 2024
Contributed by Lukas
"I'm 52 and looking to retire in the next 5ish years. My wife is 61, but I'm the higher earner. What should we think about on when to draw Social Secu...
Is $1,000,000 Enough? (By Age)
06 Dec 2024
Contributed by Lukas
It seems to be pretty accepted that $1M is not enough to retire or reach Financial Independence for the majority of Americans- especially under the ag...
When Always Be Buying Goes WRONG!
04 Dec 2024
Contributed by Lukas
"I’m obsessed with checking my accounts daily, and I have major FOMO if I don’t. Is there a downside to Dollar Cost Averaging daily instead of on ...
How Can I Know If I'm Saving Enough?
02 Dec 2024
Contributed by Lukas
"Even though I'm maxing out my 401(k) at work I don't feel like I'm saving enough. How do you deal with this feeling?" We'll walk you throug...
Is Home Ownership the Best Path to Wealth?
29 Nov 2024
Contributed by Lukas
We hear a lot of personal finance creators - and the American populace more broadly - talk about home ownership like it’s some one-way ticket to the...
300k In Debt - What Should I Do?!
27 Nov 2024
Contributed by Lukas
"My fiancée is graduating from med school in two years and will have 300k in loans before she starts residency (50k/year). I make 200k a year. How do...
What You Need to Know About Open Enrollment
25 Nov 2024
Contributed by Lukas
"Open Enrollment Question: When might an HSA/high deductible plan NOT be a good idea? What should I consider? I currently have a low deductible plan b...
Debt Questions EVERYONE Is Asking
22 Nov 2024
Contributed by Lukas
We know that debt can be dangerous. It can turn compound interest from your strongest ally into your fiercest foe. But we also know that financial mu...
How to Start a Business the RIGHT Way!
20 Nov 2024
Contributed by Lukas
"I would love to hear the money guys talk about starting a business and what the boiling point is to set up an official LLC, give similar FOO advice f...
2025 Tax Changes You Can’t Afford to Ignore!
18 Nov 2024
Contributed by Lukas
These are some tax changes you can’t afford to miss. November is the time for year-end tax planning. The IRS has recently released new, inflation-ad...
Financial Advisors React to Horrible Tax Advice on TikTok
15 Nov 2024
Contributed by Lukas
Brian and Bo take on some of the craziest tax advice we've found on TikTok! Jump start your journey with our FREE financial resources Reach you...
How to Do Financially in Crazy Times
13 Nov 2024
Contributed by Lukas
"My wife and I are in the messy middle. These times are crazy. What advice do you have to organize life and get through this season?" We'll walk y...
These Financial Experts Got It WRONG!
11 Nov 2024
Contributed by Lukas
Investopedia recently published a report stating they expect the average annual return over the next decade to shrink. It sure sounds a lot like what ...
The REAL Ways People Build Wealth
08 Nov 2024
Contributed by Lukas
It’s the show you’ve all been waiting for! As always, we show you the numbers here at the Money Guy show, and that’s exactly what we’re gonna...
How to Financially Prepare for Having a Baby
06 Nov 2024
Contributed by Lukas
"My wife and I are expecting a baby in March next year. She makes a significant part of our income and will be on maternity leave for abou...
Are You Driving Your Wealth Into The Ground?
04 Nov 2024
Contributed by Lukas
"My friend is underwater on their BMW. They always seem to be servicing it and can't afford to maintain it anymore, but it's valued at $43k and ...
9 Things to Do Before 2024 Ends
01 Nov 2024
Contributed by Lukas
It is never too early to start thinking about financial decisions you may need to make before the end of the year! Here are our top things you need to...
How to Do Money When You're Self-Employed
30 Oct 2024
Contributed by Lukas
"How does the FOO change if you’re self employed? My husband and I own our own businesses so we don’t have an employer match or 401K. Are th...
We're Launching a NEW SHOW!
28 Oct 2024
Contributed by Lukas
We're launching a brand-new show! While we can’t share all the details just yet, we can tell you this: we are SO excited. And here’s the best par...
Why Most People Don’t Invest (And Why They’re Wrong!)
25 Oct 2024
Contributed by Lukas
Fear plays a fascinating role in our lives, and our finances are no exception. One common fear that we see all the time that makes us so sad is the f...
Does Budgeting Actually Work?
23 Oct 2024
Contributed by Lukas
"Question about budgeting - A few episodes back, Bo mentioned that how he doesn’t do budgeting anymore but cash management. How does that technicall...
This Debt Mistake Could Cost You MILLIONS!
21 Oct 2024
Contributed by Lukas
"Does the FOO change if student loan balance is huge? My financed loan balance is almost $300k." We'll walk you through that question and more in ...
So You’re a Millionaire…Now What?
18 Oct 2024
Contributed by Lukas
Reaching a million-dollar portfolio is a significant milestone. But with a growing portfolio comes growing complexity. Here are 5 wealth tips to help...
"Should I Sell My Investments to Pay Off My Debt?"
16 Oct 2024
Contributed by Lukas
"My girlfriend and I are planning on moving in together early next year. I want to start fresh. Currently I have 14k in credit card debt, with roughly...
When Do You Reach the "Boiling Point" for Investing?
14 Oct 2024
Contributed by Lukas
"How do I know when I’m at the boiling point for investing?" We get that question all the time - so let's walk you through that question and more i...
Top 10 Mind-Blowing Money Stats (2024)
11 Oct 2024
Contributed by Lukas
These 10 money stats will blow your mind! We’ll discuss the unbelievable amount of money Americans save, when most reach millionaire status, and how...
Are You Doing Better Than the Average American?
09 Oct 2024
Contributed by Lukas
We’re so excited to announce the launch of the Financial Mutant Survey! We want YOU to help us create this upcoming Money Guy episode and inform fut...
The Worst 401(k) Mistakes We’ve Seen!
07 Oct 2024
Contributed by Lukas
"I just started investing in my 401(k). I think I have it set up right, but it's all so new that I'm worried I'm going to miss something and make a mi...
Is THIS Investing Mistake Costing You Millions?
04 Oct 2024
Contributed by Lukas
"I'm 33 years old with a decent amount of debt. I'm worried about time missed out of the market so i'm maxing my Roth IRA before paying my high intere...
The Fed Just SLASHED Rates - What You NEED To Know!
02 Oct 2024
Contributed by Lukas
The Fed recently cut the rates by 0.5%, making the new target rate 4.75%-5.00%. Why did they cut the rate? And what does this mean for you? Let's wal...
Should I Refinance My Mortgage?
30 Sep 2024
Contributed by Lukas
"With the Fed meeting today, and projections saying that they will drop rates a half percent, at what point should I pull the trigger and refinance?" ...
Financial Lies That Are Going VIRAL (Part 2)
27 Sep 2024
Contributed by Lukas
We're back to debunk even more of the biggest financial lies that we see all the time on the internet, to help you understand what’s real, what’s ...
“Should I Make My Kids Get A Prenup?”
25 Sep 2024
Contributed by Lukas
"My 28-year old kid is getting married in December and has a 6-figure net worth. I want to make them get a prenup before they get married, but am wond...
What Should You Do in a Recession?
23 Sep 2024
Contributed by Lukas
"What should financial mutants be doing if the market seems to be on the brink of a recession?" We'll walk you through that question and more in t...
How to Be Wealthy By Age! (2025 Edition)
20 Sep 2024
Contributed by Lukas
It can be hard to know what makes someone “wealthy” depending on where they are in their journey. So, here are some wealth checkpoints you could ...
What You Don’t Know About The Stock Market (But Should)
18 Sep 2024
Contributed by Lukas
"With the S&P 500 being heavily leaning on the magnificent 7 tech stocks, would you still consider it well diversified?" We'll walk you through th...
How to Start a New Job the Right Way!
16 Sep 2024
Contributed by Lukas
"I'm 23 years old. I am about to start my first job in my career field. What are the first things you recommend someone do when starting a job to set ...
How To Maximize Your Cash (Don't Miss Out!)
13 Sep 2024
Contributed by Lukas
Cash is not trash… and if you aren’t making money on your cash, what are you doing?! Get in there! With hints of inflation slowing down, and talk...
“We Found A Way to Make Money By Accident…But We HATE It!”
11 Sep 2024
Contributed by Lukas
"At what point should I consider selling an accidental rental property? I’m making about 10% cash on cash, but it seems like a lot of work for $300 ...
"I Have Extra Monthly Cash - What Should I Do?"
09 Sep 2024
Contributed by Lukas
"I have freed up an extra $700 a month to pay off 30k (3.9%) car. Is it better to make an extra $700 payment each month or save in HYSA at 4.5% ...
Money Guy vs. The World! (Are YOU on the Winning Team?)
06 Sep 2024
Contributed by Lukas
We call our community Financial Mutants for a reason – they’re different than the average person. They think, behave, consume, and save in a way t...
How Much Cash Is Too Much?
04 Sep 2024
Contributed by Lukas
"Can we have too much in cash? My wife and I were saving for a new home, but decided to stay in our starter home instead. We have a large amount in ca...
How Can You Prevent Identity Theft?
02 Sep 2024
Contributed by Lukas
"What can we all do to prevent identity theft besides doing things like freezing our credit? I'm not sure if you've gone over this topic before." W...
Do You Need Luck to Be Wealthy?
30 Aug 2024
Contributed by Lukas
"What were your luckiest financial decisions? How much of your wealth building do you think has been about discipline vs. luck?" We'll walk you thr...
The Dark Side of Owning a Home
28 Aug 2024
Contributed by Lukas
"My husband and I bought a home in 2021. We thought we were buying within our means, but are now overwhelmed with maintenance costs and increasing mon...
"Should We Liquidate to Buy a Home?"
26 Aug 2024
Contributed by Lukas
"If my wife and I liquidate all assets except retirement which is around 40k, we could buy our first home in cash (300k). Should we consider thi...
Top Wealth Building Strategies by Net Worth
23 Aug 2024
Contributed by Lukas
Personal finance is personal. A good strategy for someone in their 20s just starting out on their wealth building journey is probably not right for so...
"HELP! I'm Addicted to Saving!"
21 Aug 2024
Contributed by Lukas
"I am so addicted to saving (30-35% savings rate) that I am worried I don't know how to turn it off. It is starting to affect my desire to enjoy today...
This 401(k) Mistake Could Ruin Your Retirement!
19 Aug 2024
Contributed by Lukas
The 401k is one of the most powerful wealth builders. However, there is a mistake people are making that could destroy their retirement. Jump start...
4 Ways to Pay for BIG Expenses
16 Aug 2024
Contributed by Lukas
There are great resources out there like automated savings, savings buckets, and budgeting apps to help you know how much to save and to help with beh...
"They're Making Me Retire - What Should I Do?"
14 Aug 2024
Contributed by Lukas
"I'm an air traffic controller that has to retire at 56. I have TSP and 30-40% pension... but I feel like i am losing so much compound growth by force...
Inflation's Down - Is My Cash In Danger?
12 Aug 2024
Contributed by Lukas
" Learn more about your ad choices. Visit megaphone.fm/adchoices
5 Numbers You Should Know That Most Americans Don’t
09 Aug 2024
Contributed by Lukas
We’re amazed at how many people do not track a few fundamental numbers when it comes to their finances. We correct that today. Buckle up to cozy up...
How Do I Invest With a Variable Income?
07 Aug 2024
Contributed by Lukas
"Increasing 401k sounds nice until you have a lean month and don’t have a good way of getting that money back. Especially when my pay varies. ...
401k Savings Rates Are Going Up (What's Going On?!)
05 Aug 2024
Contributed by Lukas
401(k) Savings rates are at an all-time high - so what's going on, and what do we think about this? Jump start your journey with our FREE financial ...
7 Cashflow Milestones Worth Celebrating
02 Aug 2024
Contributed by Lukas
You like self-assessing, knowing you’re on the right track, and celebrating those small wins along the way. We get it, because we do, too! This wee...
How to Handle Social Security in Early Retirement
31 Jul 2024
Contributed by Lukas
"How should I deal with social security in early retirement? I'm planning on retiring at 45, so I won't have social security for over 20 years. Can my...
Is It Okay to Retire with a Mortgage?
29 Jul 2024
Contributed by Lukas
"My Dad is set to retire soon but isn’t sure he should pay off the house first. With 250k left at 2.5%, he wants to keep the money invested. Is ther...
Are Boomers Hoarding Wealth? (How to Do It Right)
26 Jul 2024
Contributed by Lukas
It’s no surprise that the media is manipulative - with politics, finances, and more. They want to grab your attention and get a click. We watched a ...
How to Catch Up for Retirement When You're Older
24 Jul 2024
Contributed by Lukas
We got a good question from Humphrey Yang: "H Learn more about your ad choices. Visit megaphone.fm/adchoices
Budgeting vs. Cash Flow Management: What’s the Difference?
22 Jul 2024
Contributed by Lukas
" Learn more about your ad choices. Visit megaphone.fm/adchoices
3 Ways to Retire Early (That You Might Not Know About)
19 Jul 2024
Contributed by Lukas
A lot of people want to retire early - or they at least want the option to. So how do you do it? Here are 3 different strategies that can help you ret...
"We're About to Be Millionaires - Can We Reduce Our Savings?"
17 Jul 2024
Contributed by Lukas
"We are on track to be liquid millionaires in 1 year at ages 38 and 37. Can we reduce our retirement savings down to 20% (not maxing out 401k's)...
1 in 3 Young Adults Are Making This Housing Decision (Is It a Mistake?)
15 Jul 2024
Contributed by Lukas
"My wife and I both work full time and are currently living with her parents to save up for a down payment on a house. We can afford 3% down but...
How to Choose Between Competing Financial Priorities (Determining the Winner)
12 Jul 2024
Contributed by Lukas
There are other things that play into what you do with your money besides math. And that’s where personal finance starts to get personal - and compl...
"I'm Buying a House in 3 Years - Should I Stop Investing?"
10 Jul 2024
Contributed by Lukas
"If I have a house down payment money in the market currently and I’m looking to buy a house in 3 or so years, should I pull it out now? Or ju...
Should You Upgrade Your House Before You Sell?
08 Jul 2024
Contributed by Lukas
"So I’m saving for a new house, should we do any upgrades to our current house to get more out of the sale or sell as is? It’s currently pai...
How to Election-Proof your Finances
05 Jul 2024
Contributed by Lukas
Does the upcoming election have an impact on you financial life? We'll walk you through that question and more in today's Q&A episode! Jump start y...
Will I Ever Feel Ok Spending Money for Fun?
03 Jul 2024
Contributed by Lukas
"What are the goals after Step 9? Also, at what step can you consider fun money?" We'll walk you through that question and more in today's Q...
Should I Sell My Assets to Pay Off Credit Card Debt?
01 Jul 2024
Contributed by Lukas
"Im 24 years old - how can I approach my 13k credit card debt? I have roughly 30k in assets. I was thinking a balance transfer to maximize 0 intereste...
Are Financial Advisors Worth It? (The Truth Finally Exposed!)
28 Jun 2024
Contributed by Lukas
Personal finance is personal, and so are financial advisors. We walk you through everything you need to know about financial advisors: their cost, the...
Is Retiring Early Really Worth It?
26 Jun 2024
Contributed by Lukas
"I'm 42 and want to retire early at 45. I’ve stress-tested my plan and everything looks okay, but I’m having a hard time mentally stepping away fr...
Should I Stop Investing to Save for a House?
24 Jun 2024
Contributed by Lukas
"How long is it acceptable to drop my retirement contributions to save up for a home? Is 2 years too long while only investing 5% to receive mat...
4 Signs You’re Saving Too Much for Retirement
21 Jun 2024
Contributed by Lukas
We're all for aggressive retirement savings. However, it’s important to acknowledge that there’s a point where the financial mutant starts to move...
How to Build an Emergency Fund the Right Way
19 Jun 2024
Contributed by Lukas
"I'm on Step 4 of the FOO and it’s feeling like this may take many many months, if not a year to just save 3 months of an emergency reserve. Is this...
I Drained My Emergency Fund - What Do I Do Now?
17 Jun 2024
Contributed by Lukas
"I have had to tap into my Emergency fund. I still have roughly 1.5 month of expenses still in savings. So my question is do I pause my investing to s...
5 Financial Decisions That Changed Our Lives (And Can Change Yours, Too!)
14 Jun 2024
Contributed by Lukas
Today we're talking about five of the most impactful financial decisions we made that changed our lives tremendously. These are all things that you ca...
Is It Ever Okay to Break the 20/3/8 Car Buying Rule?
12 Jun 2024
Contributed by Lukas
"I’m self-employed and the vehicle I drive is 100% work-related. I’m not trying to buy anything new, but I will need a car that’s somewhat expen...
Are You Ready to Retire Early?
10 Jun 2024
Contributed by Lukas
"We're planning to retire early, starting in about 10 years. We want to pay off our home before early retirement. Would it be smarter to pour all our ...
Everything You Know About the Rich Is WRONG!
07 Jun 2024
Contributed by Lukas
Would it surprise you to know that a lot of what you've been told about the rich is likely wrong? In today's episode, we're taking a deep dive into th...
I’m ONLY Getting My 401(k) Match - Is That Enough?
05 Jun 2024
Contributed by Lukas
We get asked all the time about how much you should invest in your 401(k). Is just getting your employer match enough, or do you need to save more? ...