Money Guy Show

"I'm Retiring Before My Spouse - What Should We Do?"

05 Jan 2022

Contributed by Lukas

Maybe you and your spouse are planning on retiring several years apart. So how do you plan for retirement in that scenario? We'll walk you through th...

Lump Sum vs. Dollar Cost Averaging - Which is Better?

03 Jan 2022

Contributed by Lukas

So you want to max out your Roth IRA or your 401(k) this year, but you're wondering - should you do it all at once or periodically throughout the year...

What Should You Do with Unexpected Money?

31 Dec 2021

Contributed by Lukas

Whether it's a bonus or an inheritance, what should you do when you get an unexpected windfall of money? We'll walk you through that question and mor...

Do You Actually Need Term Life Insurance?

29 Dec 2021

Contributed by Lukas

We face this question all the time, especially from people close to retiring - what do I do about my term life insurance policy? We'll walk you throu...

What's the Best Way to Pay for Home Repairs?

27 Dec 2021

Contributed by Lukas

If you're planning on doing some home renovations, what's the best way to plan to pay for them? We'll walk you through that question and more in toda...

Everything You Need to Know About Finances in Your 30s

24 Dec 2021

Contributed by Lukas

We put together a compilation of our best advice throughout the years for 30-year-olds. In this episode, we discuss what financial success should look...

How Do You Start a Business with Friends or Family?

22 Dec 2021

Contributed by Lukas

What all should you figure out before going into business with your family or friends? We'll walk you through that question and more in today's Q&A e...

How Much Should You Spend on a Wedding Ring?

20 Dec 2021

Contributed by Lukas

How should a Financial Mutant go about buying a wedding ring? And where exactly does that fit into the Financial Order of Operations? We'll walk you ...

Financial Trends You Should Be Scared of in 2022!

17 Dec 2021

Contributed by Lukas

Going into the new year, we think there are some scary financial trends you need to be aware of. In this episode, we'll discuss some of these trends, ...

"I Don't Have Emergency Savings - Should I Use My Credit Card?"

15 Dec 2021

Contributed by Lukas

What should you do if you don't have your emergency reserves, but you have a major expense you HAVE to cover? We'll walk you through that question an...

Should I Take Out a 401(k) Loan?

13 Dec 2021

Contributed by Lukas

When it comes to a down payment on a home or other major purchases, does it ever make sense to "be your own bank" and take out a 401(k) loan? We'll w...

3 Ways to Increase Your Net Worth in 2022

10 Dec 2021

Contributed by Lukas

Increasing your net worth is simple, right? You just need to increase your assets or decrease your liabilities, and voilà! But there's a lot more tha...

Use Your Net Worth Statement To Power Your Wealth Goals!

08 Dec 2021

Contributed by Lukas

We love the annual tradition of a Net Worth Statement. We originally recorded today's video for people who purchase our Net Worth Tool, but the 5 poin...

Will 2022 Be Terrible for Stock Market Returns?

06 Dec 2021

Contributed by Lukas

Is there a real possibility of future stock market returns being lower than historical averages? Are lower returns in 2022 inevitable? We'll walk you...

5 Levels of Wealth AND How to Achieve Them! (2022 Edition)

03 Dec 2021

Contributed by Lukas

Creating wealth is surprisingly simple, but it isn't easy. Depending where you are at in your wealth-building journey, your experience may be vastly d...

Do You Need to Invest in Bitcoin?

01 Dec 2021

Contributed by Lukas

Bitcoin and other cryptocurrencies have been exploding this year. So should you add crypto to your financial investments? And are you missing out if y...

Should I Use a Credit Card or Not?

29 Nov 2021

Contributed by Lukas

Many, MANY debates have been had about whether or not you should use a credit card. So in order to be a true financial mutant, should you go get a cre...

How to Prepare for a Market Crash in 2022

26 Nov 2021

Contributed by Lukas

Could we be headed for another stock market crash in 2022?! Nobody knows when the next market crash will be, but it's important to prepare your money ...

How to Build Wealth Like a Pro and Still Enjoy Your Life (feat. Stacking Benjamins)

24 Nov 2021

Contributed by Lukas

Joe Saul-Sehy from The Stacking Benjamins Podcast guest-hosts with Brian to talk about building wealth like a pro and financial lessons from his new b...

How Risky Should You Be With Your Investments?

22 Nov 2021

Contributed by Lukas

We get this question all the time, especially as people get closer to retirement age - "How risky should I be with my portfolio?" We'll walk you thro...

10 Commandments of Creating Wealth!

19 Nov 2021

Contributed by Lukas

Bo and Brian have distilled their nearly 40 years of combined experience into 10 Commandments of Creating Wealth. From the basics of living on less th...

Should You Pay Off Your Car Loan or Max Out Your 401(k)?

17 Nov 2021

Contributed by Lukas

Does it make more sense to pay off a car loan early or invest more into your 401(k)? We'll walk you through that question and more in today's Q&A epi...

"I'm Getting An Inheritance Soon - What Should I Do?"

15 Nov 2021

Contributed by Lukas

We always recommend saving 20-25% for retirement, but how do you factor a future inheritance into that savings plan? We'll walk you through that ques...

Are Americans Getting Poorer?

12 Nov 2021

Contributed by Lukas

Prices are rising, and it seems like Americans everywhere are having trouble buying a house, taking on too much debt, and aren't saving enough. Are Am...

Are Tesla's Days Numbered? Here's the Truth!

10 Nov 2021

Contributed by Lukas

Tesla has grown exponentially over the past few years, both the stock and as a car manufacturer. Will this growth continue or are Tesla's days numbere...

"My Job Pays Well, But I Hate It" - What Should You Do?

08 Nov 2021

Contributed by Lukas

Let's say you've got a job that pays well, but you hate working there. What should you do? We'll walk you through that question and more in today's Q...

3 Biggest Ways Millionaires Lose Their Wealth [And You Could Too!]

05 Nov 2021

Contributed by Lukas

Becoming a millionaire doesn't guarantee future financial success, or even that you'll remain a millionaire. There are a few BIG reasons some milliona...

Should You Invest Your Emergency Fund?

03 Nov 2021

Contributed by Lukas

With inflation on the rise, what should you do with your emergency fund? Should you invest it into the market or keep it parked in cash? We'll walk y...

3-Bucket Strategy Explained!

01 Nov 2021

Contributed by Lukas

When we talk about asset allocation, what exactly is the 3-Bucket Strategy and how do you best utilize it? We'll walk you through that question and m...

BlackRock and Zillow are Buying Up Homes - How Do You Compete?

29 Oct 2021

Contributed by Lukas

With companies like BlackRock and Zillow buying houses all across the country, how do you compete to buy your own home? We'll walk you through that q...

The IRS Wants Access to Your Bank Account!

27 Oct 2021

Contributed by Lukas

Is the government going to start spying on your bank account? A recent proposal would require banks to report inflows and outflows over certain annual...

Is Dave Ramsey Wrong About Index Funds?

25 Oct 2021

Contributed by Lukas

Are Dave Ramsey's views on index funds right or wrong? And what should you do with an old 401(k) from a previous job? We'll walk you through these qu...

3 Things You Use Everyday That Are Costing you THOUSANDS!

22 Oct 2021

Contributed by Lukas

Don't let compounding interest work AGAINST you! This episode is full of examples showing how small shifts in your thinking about everyday, necess...

What's the Best Way to Beat Inflation?

20 Oct 2021

Contributed by Lukas

With inflation running rampant, how are you supposed to keep pace? What do we recommend for your wealth-building journey? We'll walk you through that...

When Can I STOP Saving Money?

18 Oct 2021

Contributed by Lukas

If you're saving 25% of your income for retirement, is it okay to spend your disposable income on vacations and other fun things? Or should you try to...

Everything You Need to Know About Mortgages

15 Oct 2021

Contributed by Lukas

Buying a home is one of the biggest purchases you may ever make, so you want to make sure you're doing it right! If you have questions about this impo...

3 Biggest Advantages of a Roth IRA

13 Oct 2021

Contributed by Lukas

Uncertainty about Roth has been in the news a lot recently, but that doesn't mean it's dead! While you still can, you should take full advantage of t...

How Should You Pay for a Wedding?

11 Oct 2021

Contributed by Lukas

One of the biggest expenses outside of houses and cars is a wedding - so what's the best way to pay for it? We'll walk you through that question and ...

The Stock Market is Rigged! (And We Can Prove It!)

08 Oct 2021

Contributed by Lukas

We can prove that the stock market is rigged! This may surprise you, but hear us out! In this episode, we examine what mainstream voices are saying ab...

Is Social Media RUINING Your Finances?

06 Oct 2021

Contributed by Lukas

Is social media a net negative or net positive to your finances? One study of U.S. Facebook users showed that avid users were more likely to have a l...

Should You Buy a New or a Used Car?

04 Oct 2021

Contributed by Lukas

With used cars being so inflated right now, does it make sense to try to buy a new car? We'll walk you through that question and more in today's Q&A ...

3 Signs You're Saving TOO MUCH For Retirement!

01 Oct 2021

Contributed by Lukas

It’s hard to believe, but we’ve seen it happen - retirement savings CAN become too much of a good thing. We suggest investing 20-25% of your gross...

Should You Buy a Second House to Rent Out?

29 Sep 2021

Contributed by Lukas

You probably have some friends or relatives who've purchased a second house to use as a rental property - so should you give it a shot? We'll walk yo...

How Do You Save for a House AND Retirement?

27 Sep 2021

Contributed by Lukas

We recommend saving 20-25% of your income for retirement, but how do you save for retirement AND a down payment on a house? And when should you consid...

Top Financial Advice By Age! (Become Wealthier Than Your Friends)

24 Sep 2021

Contributed by Lukas

What's the best piece of money advice you've ever received? We believe that advice changes depending on which stage of life you're in, so we challenge...

Is Roth Going to DIE?

22 Sep 2021

Contributed by Lukas

Are BIG changes coming to income tax rates, capital gains, and retirement accounts? Let's talk through the proposed tax legislation and how it could ...

How to Future-Proof Your Retirement Plan!

20 Sep 2021

Contributed by Lukas

Let's talk about future-proofing your retirement plan - what if you hit a year like 2008? What's the best way to plan for the good and bad years of re...

What Millionaires Won't tell You About Running a Business

17 Sep 2021

Contributed by Lukas

Why does starting a small business sound so "sexy" by today's standards? Social media and self-help empires make taking the leap and being your own bo...

How to Help Your Family with Money

15 Sep 2021

Contributed by Lukas

How should you approach helping your family members when it comes to money? When it comes to things like college planning for your kids or loaning mon...

When Should You Use Your Emergency Fund?

13 Sep 2021

Contributed by Lukas

It can be hard work to build up a 3-6 month emergency fund - so when should you actually use it? We'll walk you through that question and more in tod...

Everything You Need to Know About Your 401(k) (Are You Losing Money?)

10 Sep 2021

Contributed by Lukas

For most people, your 401(k) is the single largest account that exists in your portfolio, so you better know what it is and how it works. Here's some ...

Why Most Americans Will NEVER Be Millionaires (Don't Make This Mistake!)

08 Sep 2021

Contributed by Lukas

Over 60% of Americans can't come up with $1,000 to cover an emergency. Where are we going wrong? And how can you make sure you're NOT part of that sta...

Should You Turn Your House Into a Rental Property?

06 Sep 2021

Contributed by Lukas

You've got a house that you can either sell or keep to use as a rental property - what should you do? And what exactly is the 3 Bucket Strategy? We'l...

Top Highest-Paying Virtual Jobs [Work from Home!]

03 Sep 2021

Contributed by Lukas

40% of Americans are planning to leave their jobs this year. So, where are they going? While a host of reasons has pushed many to make a career change...

How to Stand Out in Your Next Job Interview

01 Sep 2021

Contributed by Lukas

If job interviews make you feel anxious for the unknown or depressed by ghosts of interviews gone wrong, we want to help set your mind at ease. As a t...

What Should I Do With Extra Income?

30 Aug 2021

Contributed by Lukas

If you or your spouse go back to the workforce, what should you do with that extra household income? And what should you do with an old 401(k) from a ...

Is the Current Education System a Waste of Time and Money?

27 Aug 2021

Contributed by Lukas

Investing in yourself through education is often quoted as "one of the best investments you can make"... but is it true? Let's examine the current sys...

What Financial Books Should You Read?

25 Aug 2021

Contributed by Lukas

What financial books and tools do we recommend? Other than our Financial Order of Operations course, of course! And how does having a military pension...

How to Make a Big Career Change the Right Way

23 Aug 2021

Contributed by Lukas

What's the best way to make a big career change in your 30s? And is it ever okay to pay more than 25% of your gross income for your house? We'll walk...

What's the Best Way to Buy a New Car?

20 Aug 2021

Contributed by Lukas

Is it a bad idea to buy or finance a new car? And do rich people have access to better investments than the average person? We'll walk you through th...

Best Financial Advice for Entering Your 30s (Are You Behind?)

18 Aug 2021

Contributed by Lukas

Your 30s is an exciting decade full of potential for career advancement, financial strategy, big life moments, and lots of memories. But...It's also ...

Should I Invest More or Pay Off Student Loans?

16 Aug 2021

Contributed by Lukas

We get asked all the time - when should you prioritize paying off your student loans? And if you're investing 25%, is it okay to buy something like a ...

Is the American Dream DEAD?!

13 Aug 2021

Contributed by Lukas

The American life is different. But is The American Dream no longer possible? With advances in technology, a more globalized and digital world, and a ...

Do Wealthy People Pay Taxes?! (The Answer Might Surprise You)

11 Aug 2021

Contributed by Lukas

It's easy to believe that wealthy people don't pay taxes. In fact, an entire article about this subject was published on Pro Publica recently. Let's t...

Do You Really Need an Emergency Fund?

09 Aug 2021

Contributed by Lukas

If you have money saved in a taxable account, do you really need a 3-6 month emergency fund? And how do you start investing for your kids? We'll walk...

5 Best Solutions to the Top 5 Money Problems!

06 Aug 2021

Contributed by Lukas

What is the top money problem you face? Whether it's a practical financial issue or an unhealthy mindset, this episode will put you back on track. We ...

Should You Start Your Own Business?

04 Aug 2021

Contributed by Lukas

How do you know if you should leave a company to start your own business, and what should that process look like? We'll walk you through these questi...

What Should Your Next Financial Move Be?

02 Aug 2021

Contributed by Lukas

If you're maxing out your retirement accounts, what should you do next? And what's the best way to do a backdoor Roth IRA? We'll walk you through the...

Should You Stop Saving at 25%?

30 Jul 2021

Contributed by Lukas

If you're able to save more than 25% of your income for retirement, should you? Or should you stop saving once you reach 25%? And how does having a pe...

100k YouTube Creator Award Unboxing!

28 Jul 2021

Contributed by Lukas

After a few months of anticipation, we got a package from YouTube last week - and we want to open it with you! After we unveil our first ever YouTube...

Top 10 Mind Blowing Money Stats [That Will Make You Rich!]

23 Jul 2021

Contributed by Lukas

Wealth creation is surprisingly simple. You need discipline, money, and time. So why do so many Americans miss the mark when it comes to personal fina...

3 Things I Wish I Knew Before Buying My First House

21 Jul 2021

Contributed by Lukas

It's confession time. We want you to be fully ready when you take the leap and make a big home purchase. After several months of being a new home owne...

40% of Americans are Quitting Their Jobs! Should You?

16 Jul 2021

Contributed by Lukas

40% of Americans are considering quitting their jobs in 2021. Why is this happening? Let's discuss how to tell when it's time to find a new job or cha...

I Made Money with AMC Stock - What Should I Do Next?!

14 Jul 2021

Contributed by Lukas

Gamestop, AMC, and other "meme stocks" have blown up in 2021 - so what does that mean for your investing strategy? We'll walk you through that questi...

5 Reasons Pro Athletes Go Broke! (It Could Happen to You, Too!)

09 Jul 2021

Contributed by Lukas

You would think money at a young age would mean financial success. So, why do so many young, professional athletes end up in financial trouble? Turns ...

How Do I Start Investing for My Kids?

07 Jul 2021

Contributed by Lukas

We get this question all the time - "How do I start saving and investing money for my kids?" So what accounts should you set up for your children, and...

How to Retire Early By Age! (What FIRE Gets Wrong)

02 Jul 2021

Contributed by Lukas

This isn't your average FIRE (Financially Independent/Retire Early) show. If you want to know exactly what it takes to be financially independent and ...

How to Buy and Sell in a Used Car Bubble

30 Jun 2021

Contributed by Lukas

If you're trying to buy a used car right now, you might be having a tough time. Why have prices gone up so much, and how should you best navigate it a...

How Millionaires Use Credit Cards in 2021

25 Jun 2021

Contributed by Lukas

Let's break down the pros and cons of the tool we love to hate: the credit card.Is there any advantage to using one? How many millionaires regularly p...

Do You Need a 3 or 6 Month Emergency Fund?

23 Jun 2021

Contributed by Lukas

We hear about term and whole life insurance all the time - so do you need it? And should you have a 3 or 6 month emergency fund? We'll walk you throu...

Should I Reduce My Retirement Savings to Pay for a House?

18 Jun 2021

Contributed by Lukas

The housing market is insane these days - so should you reduce your retirement savings to help pay for a house? And what's the best way to pay for gra...

Do Rich People Have Access to Better Investments?

16 Jun 2021

Contributed by Lukas

Do you need to be rich to have access to the best investments? Turns out, a lot of people would answer "yes" to this question. But there's something a...

Debt Snowball vs. Debt Avalanche: Which is the BEST Way to Pay Off Debt?

11 Jun 2021

Contributed by Lukas

If you find yourself with too much debt, you’re not alone. America has a debt problem. The accumulation of high-interest debt is one of the quickest...

You're Getting Robbed - You Just Don't Know It!

09 Jun 2021

Contributed by Lukas

Inflation is on the rise, but the higher prices may be hard to catch. Here's how to tell if you're being ripped off! Then we'll answer your financial...

Millionaires Share Their Secrets to Financial Success!

04 Jun 2021

Contributed by Lukas

This is a peak behind the curtain on how millionaires get on the path to financial success and stay there. We're sharing everything we've learned thro...

How Should You Invest Your Roth IRA?

02 Jun 2021

Contributed by Lukas

Where should you invest in your Roth IRA? And where does saving for a down payment on a house fall in the Financial Order of Operations? We'll walk y...

7 Things We Wish We Knew About Money Earlier!

28 May 2021

Contributed by Lukas

Have you ever stumbled upon some life-changing information and thought, "If only I had known about this sooner!" or "What have I been doing my whole l...

The IRS is Hiring 87k New Employees - Should You Be Worried?

26 May 2021

Contributed by Lukas

Is the IRS targeting crypto?? With the announcement of 87,000 new employees and an emphasis on tax evasion, the IRS is certainly giving us something i...

Dirty Secrets of Financial Advisors EXPOSED!

21 May 2021

Contributed by Lukas

We feel like the masked magician - revealing all the secrets about the financial advisor industry! Whether it's learning how to spot conflicts of ...

Do You Actually Need a Financial Advisor?

19 May 2021

Contributed by Lukas

Why do you need a financial advisor if index investing beats managed investing after fees? And does a financial planner help you buy or sell a house i...

How to Buy and Sell a Home in a Housing Bubble! (By Age)

14 May 2021

Contributed by Lukas

The real estate market is white hot. Prices are up, interest rates are low, and people are clamoring to get their foot in the real estate door in many...

Are Your Taxes About to Become a Nightmare?

12 May 2021

Contributed by Lukas

Taxes! Let's cut through the noise of this hot button issue. We'll talk through an overview of what the new policy proposals mean, and what to expect ...

Is $1,000,000 Enough to Win Financially?

07 May 2021

Contributed by Lukas

Anyone can build wealth. It's not always easy, but that simple belief motivates us to teach smart financial strategy to everyone who will listen. We l...

What Age Should You Retire?

05 May 2021

Contributed by Lukas

What are some of the things you should think about when you're selecting when you want to retire? And should you prioritize a Roth IRA or an HSA first...

Average 401(k) Balance by Age (2021 Edition): Are You Behind?

30 Apr 2021

Contributed by Lukas

It's shocking that 35% of American employees are leaving free money on the table by not getting their employer match. 401(k) accounts tend to hold the...

Is the Financial Institution Against You?

28 Apr 2021

Contributed by Lukas

We were recently sent an article called, "It’s Not What You Earn, But What Your Parents Have that Truly Counts." So... if your parents weren't rich...

Stock Market is at an All-Time High! - Should You Be Worried?

23 Apr 2021

Contributed by Lukas

It's difficult to ignore market volatility. News about its rise and fall gets plastered on every news and media outlet. Many will even tell you what y...

When Should You Chase Your Dream Job?

21 Apr 2021

Contributed by Lukas

Should you go after your dream job when you're younger, or wait until you have a stable income and then chase that dream job? And when should you prio...

Average Debt By Age (How Do You Compare Against Normal Americans?)

16 Apr 2021

Contributed by Lukas

In this episode, you'll learn: How to protect yourself from getting trapped in too much debt How to avoid the biggest debt pitfalls at every age ...

Where Can You Find Investing Advice You Can Trust?

14 Apr 2021

Contributed by Lukas

Where did you first learn how to invest? Who explained the power of compounding interest and the discipline of living on less than you make?  In tod...