Money Guy Show

How To Actually Win Financially In 2024! (Ignore Everything Else)

29 Jan 2024

Contributed by Lukas

If you're new to personal finance and want 2024 to be a fresh start with money, what can you do at the beginning of the year to set yourself up for su...

The FIRE Movement Is Dead! (What You Need to Know Now)

26 Jan 2024

Contributed by Lukas

The FIRE Movement has been a huge catalyst for people taking control of their money. It has motivated people to educate themselves about personal fin...

We’re Giving Away FREE Stuff (No, Really!)

24 Jan 2024

Contributed by Lukas

We are so excited to finally launch our pre-order perks for Millionaire Mission - check it out on today's episode! Jump start your journey with our ...

"Should I Put 100K Into Real Estate or Index Funds?"

22 Jan 2024

Contributed by Lukas

Let's talk investments! Should you put a lump sum of money into real estate or index funds? We'll walk you through that question and more in today's...

Are Millennials Doomed for Retirement? Breaking Down the Myths

19 Jan 2024

Contributed by Lukas

One of the common misconceptions we hear constantly on social media is how bad millennials have it - they have trouble building wealth, aren’t going...

When Should You Buy a New Car?

17 Jan 2024

Contributed by Lukas

How do you know when it's time to buy a new or used car instead of maintaining your current car? We'll walk you through that question and more in to...

Should I Pay My House Off Early?

15 Jan 2024

Contributed by Lukas

When, if ever, does it make sense to pay your house off early? We'll walk you through that question and more in today's Q&A episode! Jump start you...

5 Levels of Wealth AND How to Achieve Them! (2024 Edition)

12 Jan 2024

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...

How Much Cash is Too Much Cash?

10 Jan 2024

Contributed by Lukas

When it comes to saving for things like a down payment on a house, how much cash do you need? And is it possible to have too much cash saved? We'll ...

How Can You "Bedazzle Your Basic Life" with Money?

08 Jan 2024

Contributed by Lukas

What exactly is "bedazzling your basic life," and how can you go about doing that? We'll walk you through that question and more in today's Q&A epis...

Net Worth By Age in 2024: How Do You Stack Up?

05 Jan 2024

Contributed by Lukas

It’s time for one of our most anticipated shows of the year: our annual Net Worth By Age show! In this year’s edition, we’ll share updated numbe...

How to Make Any Kid a MULTI-MILLIONAIRE!

03 Jan 2024

Contributed by Lukas

Who wants be a childhood young money millionaire? Learn how to start your kids off on the right track, where to invest, and how to ensure you aren’t...

Is Homeownership Officially Overrated in 2024? (Cost Breakdown)

01 Jan 2024

Contributed by Lukas

How do we feel about buying a home in 2024? We'll walk you through that question and more in today's Q&A episode! Jump start your journey with our ...

Financial Advisors React to the WORST Financial Stories on Reddit

29 Dec 2023

Contributed by Lukas

Today, we're reacting to terrible financial stories we found on Reddit - see what Brian and Bo have to say! Jump start your journey with our FREE fi...

I Upgraded My Tesla - Was It Worth It?

27 Dec 2023

Contributed by Lukas

Brian recently upgraded from a Tesla Model Y Performance to a Model X Plaid - so was it worth the purchase? Jump start your journey with our FREE fin...

Is the Market About to Hit an ALL-TIME HIGH? (Should You Be Worried?)

25 Dec 2023

Contributed by Lukas

You may be more tempted to invest more aggressively now that the market is up, but here’s why your financial plan shouldn’t change, no matter the ...

Insurance Companies Are Lying to You (Infinite Banking Exposed!)

22 Dec 2023

Contributed by Lukas

We believe that insurance plays an important role in managing risk and protecting you and yourfamily from unforeseen events. However, we also believe ...

"Is Retirement Even Possible?"

20 Dec 2023

Contributed by Lukas

How do you get your friends or family members to start investing, especially if they have a negative perception of retirement planning? We'll walk y...

Is NOW the Right Time to Buy a House?

18 Dec 2023

Contributed by Lukas

Should you buy a house now, or wait to purchase until interest rates hopefully drop? We'll walk you through that question and more in today's Q&A ep...

Financial Lies That Are Going VIRAL (Money Guy vs. The Internet)

15 Dec 2023

Contributed by Lukas

It’s Money Guy vs. the internet! We wanted to debunk the top 4 financial lies that we see over and over again in reels, in articles, and X feeds to ...

Does It Ever Make Sense to Lease a Car?

13 Dec 2023

Contributed by Lukas

When you're planning on getting a new car, should you always buy, or does it ever make sense to lease a vehicle? We'll walk you through that questio...

“I’m One Million Dollars in Debt - What Should I Do?”

11 Dec 2023

Contributed by Lukas

What should you do in situations where you have a ton of debt? We'll walk you through that question and more in today's Q&A episode! Jump start you...

What's the Point of Saving 25% for Retirement?

08 Dec 2023

Contributed by Lukas

Why do we recommend saving 25% for retirement? And do you really need to save that much?  We'll walk you through that question and more in today's ...

How to Buy a House When Interest Rates are High

06 Dec 2023

Contributed by Lukas

With interest rates approaching 8% for mortgages, how should you think about buying a house the right way? We'll walk you through that question and ...

Q&A with Caleb Hammer!

04 Dec 2023

Contributed by Lukas

Caleb Hammer of Financial Audit asked us a question during our recent livestream about how to budget for food when you live in a "food desert." We'l...

How to Avoid Paying Taxes in 2024

01 Dec 2023

Contributed by Lukas

Tax Evasion is illegal (ask Al Capone, Willie Nelson, or Wesley Snipes). Tax Avoidance, however, is HIGHLY encouraged, and we have an entire tax code ...

"Can I Stop Investing to Pay for a Car?"

29 Nov 2023

Contributed by Lukas

Does it ever make sense to pause or slow down investing in order to buy a car? We'll walk you through that question and more in today's Q&A episode!...

"I Make $460K - How Much Should I Save?"

27 Nov 2023

Contributed by Lukas

What do we recommend as a savings rate for people with higher incomes? We'll walk you through that question and more in today's Q&A episode! Jump s...

How to Be Wealthy By Age! (2024 Edition)

24 Nov 2023

Contributed by Lukas

How much does it take for you to meet your retirement goals by age, and what are some common traps your peers fall into? Learn more about how to be we...

What Counts as High-Interest Debt?

22 Nov 2023

Contributed by Lukas

With mortgage rates increasing, let's talk about what we consider high-interest debt, and how to approach it! We'll walk you through that question a...

Can I Use 0% Financing for a Home Repair?

20 Nov 2023

Contributed by Lukas

With cash paying 4-5% right now, is it alright to use 0% financing for a major home repair? We'll walk you through that question and more in today's...

Dave Ramsey’s Most Controversial Videos!

17 Nov 2023

Contributed by Lukas

Dave Ramsey is a personal finance icon, but he has his fair share of controversial advice. In this episode, we compiled his MOST controversial videos ...

Should I Sell My House or Keep It as a Rental?

15 Nov 2023

Contributed by Lukas

When you go to buy a new house, should you sell your current house or keep it to use as a rental property? We'll walk you through that question and ...

"I'm 21 and Make $100K - What Should I Do?"

13 Nov 2023

Contributed by Lukas

If you have a higher income that you anticipate will increase over the next few years, how should you approach your savings and spending? We'll walk...

4 Financial Risks That Are Worth Taking!

10 Nov 2023

Contributed by Lukas

Financial Mutants might be more risk-averse, BUT we think there are 4 financial risks worth taking. No, we’re not talking about investing in crypto ...

"Do I Have to Pay My Car Off in 3 Years?"

08 Nov 2023

Contributed by Lukas

We talk a lot about the 20/3/8 rule for car-buying, but are there situations where paying a vehicle off in more than 3 years makes sense? We'll walk...

"I Inherited $100K - What Should I Do?"

06 Nov 2023

Contributed by Lukas

What should you do if you receive a large inheritance? We'll walk you through that question and more in today's Q&A episode! Jump start your journe...

How to Win Financially in the Messy Middle!

03 Nov 2023

Contributed by Lukas

The Messy Middle is what we call that period in-between high school or college and middle age. It’s when your responsibilities and obligations are m...

Should You Help Your Kids Buy a House?

01 Nov 2023

Contributed by Lukas

How do we feel about parents helping their adult children buy a house? We'll walk you through that question and more in today's Q&A episode! Jump s...

"I'm Getting a Promotion - What Should I Do Next?"

30 Oct 2023

Contributed by Lukas

How should you adjust your saving and investing strategy over time as you get raises and promotions? We'll walk you through that question and more i...

Money Guy vs Dave Ramsey - How Much Should You Save for Retirement?

27 Oct 2023

Contributed by Lukas

We talk a little differently about how much you need to save for retirement compared to what Dave Ramsey recommends. So what do we recommend, and why?...

Stocks vs Real Estate - Which is Better?!

25 Oct 2023

Contributed by Lukas

A listener asked us to pit real estate against the stock market - so what do we think? We'll walk you through that question and more in today's Q&A ...

What Are Bonds? (And Do You Need Them?)

23 Oct 2023

Contributed by Lukas

What do we think about bonds, and should you use them in your investing strategy? We'll walk you through that question and more in today's Q&A episo...

How to Buy a Car the RIGHT Way! (20/3/8 Rule)

20 Oct 2023

Contributed by Lukas

Cars have gone up significantly in price over the last few years. How can you buy a car without breaking the bank, and what type of car should you be ...

The Wait is Over…

18 Oct 2023

Contributed by Lukas

Today we are going to answer your deepest and darkest Money Guy question. To be frank, we’ve been dodging this question for years. You don’t want ...

How to Start a Business the RIGHT Way!

16 Oct 2023

Contributed by Lukas

How should you think through saving and investing when you're starting a business? We'll walk you through that question and more in today's Q&A epis...

The Money Guy Show Audits Caleb Hammer!

13 Oct 2023

Contributed by Lukas

It's Hammer Time! Join us for a very special guest appearance as Brian and Bo audit Caleb Hammer, host of Financial Audit. This is an audit only the M...

What is a "Luxury Car" - and Should You Buy One?

11 Oct 2023

Contributed by Lukas

What exactly classifies as a luxury car, and how do you go about buying a car the right way? We'll walk you through that question and more in today'...

"How Do I Budget with a Variable Income?"

09 Oct 2023

Contributed by Lukas

If your income fluctuates every month, how do you calculate your savings rate, monthly budget, and housing costs? We'll walk you through that questi...

9 Things You Need to Do Before 2023 Ends!

06 Oct 2023

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...

Can This Annuity DESTROY Your Retirement?

04 Oct 2023

Contributed by Lukas

You may have heard of life insurance or annuity products that track the market - maybe you even have a family friend that sells them. In this Q&A, we ...

"When Should I Use My Emergency Fund?"

02 Oct 2023

Contributed by Lukas

We get this question in different forms all the time - when exactly should you use your emergency fund, and what classifies as an emergency? We'll w...

Are We Headed for a Recession?

27 Sep 2023

Contributed by Lukas

Should you be worried about a possible upcoming recession, and how should you prepare your financial strategy? We'll walk you through that question ...

Do You Need A Financial Advisor? (You Might Be Surprised!)

25 Sep 2023

Contributed by Lukas

How do you know when it's time to hire a financial advisor? We'll walk you through that question and more in today's Q&A episode! Jump start your j...

What I Learned From Being BROKE! (And Why I Wouldn’t Change It)

22 Sep 2023

Contributed by Lukas

No one disputes the fact that being broke isn’t great. We want to spread the word that no matter where you came from, you can build wealth. In this ...

The IRS Just Changed the Rules About 401(k)s (What You Need to Know)

20 Sep 2023

Contributed by Lukas

The IRS just announced they are delaying a change to 401(k) contributions to 2026. Here’s what changes are going into effect, what’s getting delay...

How Much Should You Put Down on a Rental Property?

18 Sep 2023

Contributed by Lukas

How much should you put as a down payment on a rental property, and why? We'll walk you through that question and more in today's Q&A episode! Jump...

Top 10 Mind-Blowing Money Stats! (2023 Edition)

15 Sep 2023

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...

Wealth Multiplier Revealed: The Magic of Compound Interest!

13 Sep 2023

Contributed by Lukas

There’s a reason why Albert Einstein called compounding interest the eighth wonder of the world! Do you know exactly how it works and how much your ...

How Should You Invest as a Freelance Worker?

11 Sep 2023

Contributed by Lukas

What's the best way to think about investing if you work full time as a freelancer? We'll walk you through that question and more in today's Q&A epi...

From $0 to Millionaire in 10 Years (Is it Possible?)

08 Sep 2023

Contributed by Lukas

How can you become a millionaire in 10 years or less? We’ll discuss common ways we see millionaires build wealth quickly, including through real est...

Dollar Cost Averaging Explained!

06 Sep 2023

Contributed by Lukas

What exactly is Dollar Cost Averaging, and how should you think about using it in your financial strategy? We'll walk you through that question and ...

The 20/3/8 Car-Buying Rule Explained (And Why It Works!)

04 Sep 2023

Contributed by Lukas

What exactly do we mean when we talk about the 20/3/8 rule for buying a car, and why do we recommend it? We'll walk you through that question and mo...

"When Should I Get Into Rental Real Estate?"

01 Sep 2023

Contributed by Lukas

We get asked all the time about how to know if or when someone should start investing in real estate. So what do we recommend? We'll walk you throug...

Are You Richer Than Your Friends? (This Data Might Surprise You!)

30 Aug 2023

Contributed by Lukas

How much money do Americans actually make? You’ll be surprised to find out how much your neighbors make every year and what income percentile you fa...

How Should You Pay Off Student Loans?

28 Aug 2023

Contributed by Lukas

What are the best methods of handling student loans, and how should you go about paying them off? We'll walk you through that question and more in t...

Investing Showdown: Dollar Cost Averaging vs. Lump Sum!

25 Aug 2023

Contributed by Lukas

It’s a debate as old as time: what’s better, dollar cost averaging or lump sum investing? In this episode, we’ll cover the nuances and pros and ...

"Is Life Insurance A Pyramid Scheme?"

23 Aug 2023

Contributed by Lukas

We had a listener ask about index life insurance, and whether or not they should consider it. So how should you think about different types of life in...

Do I Need to Save 20% for Retirement Forever?

21 Aug 2023

Contributed by Lukas

Do you always have to save 20 to 25 percent of your income for retirement, or can that amount change at different points in your investing journey? ...

Is Inflation Really Ruining Your Finances? (You Won’t Like the Answer)

18 Aug 2023

Contributed by Lukas

Inflation has changed our daily living expenses dramatically over the last few years. While we can’t control all of our expenses, there are many thi...

Are $1,000 Car Payments Becoming the New Norm?!

16 Aug 2023

Contributed by Lukas

New data shows more Americans than ever have car payments over $1,000. Is this becoming the new normal? How much could having a car payment of $1,000 ...

"Should I Put 10% Down on My House?"

14 Aug 2023

Contributed by Lukas

Does it ever make sense to put a down payment of 10% or more on your first home? We'll walk you through that question and more in today's Q&A episod...

Average Debt by Age! (How Do You Compare Against Other Americans?)

11 Aug 2023

Contributed by Lukas

Debt is one of the biggest problems facing Americans. In this episode, we’ll break down exactly how much debt the average American has at different ...

Can We Really Trust the Stock Market?

09 Aug 2023

Contributed by Lukas

Is the stock market really reliable? How can we be confident in long-term investing in the stock market? We'll walk you through that question and mo...

How to Buy a House in 2023

07 Aug 2023

Contributed by Lukas

With all the changes in the housing market over the last few years, how do you buy a house the right way these days? We'll walk you through that que...

34-Year-Old Millionaire Shares His Secrets with George Kamel

04 Aug 2023

Contributed by Lukas

We have a very special episode of The Money Guy Show with a very special guest: George Kamel! George joins us on the show to talk about how he became ...

How To Maximize Your Savings with High-Yield Accounts (Don't Miss Out!)

02 Aug 2023

Contributed by Lukas

You may not be making as much as you should on your cash! In this Q&A, we discuss the best places to store cash, how to earn attractive yields, and th...

Should I Prioritize Saving for a House Over Retirement?

31 Jul 2023

Contributed by Lukas

Does it ever make sense to reduce or pause retirement savings to save up for a house down payment? We'll walk you through that question and more in ...

The Death of Millionaire Status: How Much You Really Need to be Rich

28 Jul 2023

Contributed by Lukas

The Millionaire Next Door came out in 1996 - $1 million back then is nearly $2 million today. Is $1 million still wealthy? Is it enough to retire on? ...

"I'm 25 and Make $240k - What Should I Do?"

26 Jul 2023

Contributed by Lukas

If you're young and make a high income, how should you balance saving for the future and spending? We'll walk you through that question and more in ...

The Perfect Graduation Gift for a Financial Mutant?

24 Jul 2023

Contributed by Lukas

What are some gifts you can give a recent high school or college grad to get them started on their wealth-building journey? We'll walk you through t...

10 Truths About Winning in Life and With Money (Yes, You’re Doing it Wrong)

21 Jul 2023

Contributed by Lukas

Some things about money and life never change. These money truths are timeless treasures that will help you identify and make a plan of action for rea...

Did We Hit the Market Bottom? (Investors Beware!)

19 Jul 2023

Contributed by Lukas

The market seems to be recovering - is the bear market finally over?! Let’s dive into the data and see how this bear market compares to previous bea...

What All Should You Consider When Buying A Home?

17 Jul 2023

Contributed by Lukas

When you're thinking about buying a new house, what all should you consider before purchasing it? We'll walk you through that question and more in t...

3 Easy Ways to Find Money (Up to $2,602!)

14 Jul 2023

Contributed by Lukas

No matter how much money you make, you could probably use some extra money each month to spend or invest. In this episode, we’ll give you three mone...

"I'm New to Investing - What Should I Do?"

12 Jul 2023

Contributed by Lukas

A lot of new listeners have this question - "I'm new to investing, so where do I start on my wealth-building journey?" We'll walk you through that q...

How Do You Build Up Your Cash Reserves?

10 Jul 2023

Contributed by Lukas

How many months of cash reserves do you need at different stages in your life, and how do you build that up well? We'll walk you through that questi...

Is It Possible to Spend Less Than 25% On Housing?

07 Jul 2023

Contributed by Lukas

What should you do if your housing cost is more than 25% of your income? We'll walk you through that question and more in today's Q&A episode! Jump...

"I Don't Qualify for a Roth IRA or an HSA - What Should I Do?"

05 Jul 2023

Contributed by Lukas

How do you navigate through the Financial Order of Operations if you don't qualify for a Roth IRA or an HSA? We'll walk you through that question an...

When Is It Okay to Spend More on a Car?

03 Jul 2023

Contributed by Lukas

Is it ever okay to spend more than we recommend on a car? If so, how does luxury car-buying look for a financial mutant? We'll walk you through that...

Millionaires Share Their Secrets to Financial Success! (2023 Edition)

30 Jun 2023

Contributed by Lukas

It’s that time of year again: our annual Money Guy Wealth Survey episode. We’re back with all-new data for 2023, including new questions. You’ll...

Why Looking Wealthy is Keeping You From Being Wealthy!

28 Jun 2023

Contributed by Lukas

This one mistake is keeping you poor! Looking rich may be a trap. We break down the stats and show how making these “small” mistakes could be real...

Do Millionaires Have 7 Sources of Income?!

26 Jun 2023

Contributed by Lukas

How many different streams of income does the average person have, and how many should you have? We'll walk you through that question and more in to...

How to Become a Millionaire By Age! (2023 Edition)

23 Jun 2023

Contributed by Lukas

What do you need to be investing to become a millionaire? In this episode, we’ll discuss the four biggest things you need to know to build wealth in...

How Much Should You Save When You Have a Pension?

21 Jun 2023

Contributed by Lukas

If you have a pension, should you still be saving 25% of your income for retirement? We'll walk you through that question and more in today's Q&A ep...

How Do You Save for a Down Payment AND Retirement?

19 Jun 2023

Contributed by Lukas

Where does buying a house fall in the Financial Order of Operations? We'll walk you through that question and more in today's Q&A episode! Jump sta...

How to Achieve FIRE By Income (Are You on Track?)

16 Jun 2023

Contributed by Lukas

Do you want to retire early? If so, do you know what it is going to take to get there? To know if FIRE is right for you, you need to be aware of commo...

New Data Shows Americans Are HORRIBLE at Investing (1% Returns?!)

14 Jun 2023

Contributed by Lukas

New data just released by Fidelity shows that Americans have been HORRIBLE at investing in their 401(k). What have they been doing wrong? And how can ...

Will the Financial Order of Operations (FOO) Ever Change?

12 Jun 2023

Contributed by Lukas

A listener asked us if we anticipate ever needing to adapt or change the Financial Order of Operations down the road - so what do we think? We'll wa...

Roth IRA vs Roth 401(k) - Which is Better?

09 Jun 2023

Contributed by Lukas

What are the differences between a Roth IRA and a Roth 401(k), and how should you utilize them on your wealth-building journey? Jump start your journ...