Financial Planning 101 (By Age) 2023 Edition

Financial Planning 101 (By Age) 2023 Edition

Let’s make sure you’re on the path to financial success - then help you stay there!
The Money Guy Show takes the edge off of personal finance. We’re financial advisors that believe anyone can be wealthy! First, LEARN smart financial principles. Next, APPLY those principles! Then watch your finances GROW!

We can’t wait to see you accomplish your goals and reach financial freedom! New shows every week on YouTube and your favorite podcast app. Thanks for coming along on the journey with us.

[staceyconnor]

The finance team’s primary job is to make sure the company stays solvent and never runs out of cash but it’s not their only job.

[Mr_NB]

1:04 20s 👦🏻🧒🏼
10:36 30s👨🏻🧑🏼
22:54 40s👨🏻‍🦱👩🏼‍🦰
32:30 50s👨🏼‍🦳🧑🏼‍🦳

[thejakelegion]

I love you guys and I HAVE been waiting for this video, but PLEASE learn how to do chapters in your videos on YouTube. It's very tedious to find what I'm looking for.

[johnben]

This is financial advice and I never give financial advice: DONT LEAVE DURING THE BEAR. If you don’t want to invest…learn. If you don’t want to learn…build. If you don’t want to build observe. DO SOMETHING…other than leave. There is so much opportunity here. Take advantage!

[iamcoriarnold]

I made so many money mistakes in my 20's, sinking into $140k student loan debt, but by 41 I became a millionaire by following the rules in this video. Paying yourself first and living below your means really work.

[AddilynTuffin]

I agree that the stock market is an excellent way to generate passive income. I've heard of numerous investors generating more than $40, 000 per month. how can i enter the market and diversify my portfolio?

[MariaTerradas]

As my Advisor, Graciela Lynne Schriewer taught me she said in Quote; Combat the Financial planing crisis smartly: Save ambitiously, target 15% annual contributions, leverage ETFs and stocks for a diversified portfolio, and adopt tax-efficient strategies. Build financial resilience for your family with a strategic plan tailored to the facts and figures of your unique situation

[davyannajones]

20s: I love the advice to delay gratification, learn as much as you can about financial literacy, and avoid debt. I hate the advice to “live below your means” bro in my early 20’s I was at the dollar tree deciding between tooth paste and toilet paper and ultimately landed on tooth paste because I can steal some toilet paper out of a public bathroom. My means were so low I’d have to buy a cemetery plot to live below them.

Having your deductibles covered is the single greatest financial advice I’ve ever heard.

[mikeashworth]

That boiling point analogy is just perfect. It’s really hard to keep going when you aren’t seeing a lot of change, really cool thought.

[lizRomrell]

I’m 36 and became a widow at 32. So many things resonated with me in regards to what you guys said about the 30s! Everything is so relatable! You make more money, you typically have a family, life insurance, actual savings, having a will and estate plan, investing and more. Great video!

[CarlosMataShow]

Married, 35 y/o; investing 29% of gross income; just started retirement savings a year ago; but gaining ground quickly with income jump last year. Considering moving future contributions to 401k and 457b (20% of gross total including employer match) into a self-directed US total stock market index funds instead of target-date fund both low fees) and add bonds in as we hit 50s and 60s. Is this foolish? I want to invest more in US companies, less in international; and want minimal bond exposure until I begin nearing retirement (I see bonds as a missed opportunity as my wife and I in mid 30s;. HSA (maxed) and after tax account (small contributions) and Roth IRA (max) in Index S&P 500 funds. Huge fan; thanks for your life-changing advice and education provided!

[joseCalderon]

I always put your shows in my financial advise play list. Thanks!

[cpsullivan]

Great content. Have been getting my financial act together finally over the last 3-5yrs. Unfortunately, I'm in my 50's, but my "financial age" is closer to 30's. Can't help feeling discouraged and that I don't have much time left to correct.

[jojosadventureagency]

New subscriber. Health issues have kept me from acting on it, but good to know my plan is solid now that I'm able bodied

[derrickbrown]

Great show, I wish you all would make a course that deep dives this topic similar to the FOO course.

[royalredus]

How come these guys don't dispense the same advice from the late 80's like Dave Ramsey? 😊 Love the content!

[HistoryFirst]

Thank you for your videos, i didnt know anything about finances before this june, i went from spending 2K and all my savings on bullsh$t.. had nothing except $100 and spent that too. I started watching caleb hammer first but then i found yalla videos, hes a good intro into getting finances and budgeting, where as for further improvement you guys arw the best.. but anyway i have a 5 month emergency fund now and i save 43% of my income

[MakotoMajima]

great video, I plan on sharing this 🙌🏼

[larcan]

This is Awesome, I love the age planning

[curtisdavis]

Short Form hurting our training on money... Thanks guys for the long term money values .. Money Order Operations... etc