Your Salary Structure is WHAT?

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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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Brian, you are spot on talking about service members. I know two service members (one cousin, one friend) who, years after their service, developed some very serious medical problems--and so did several people they served with. It's just a hassle you don't want to deal with when you're sick. Happy Christmas Eve!

bobbert
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Second caller: also, remember that your grandparents want the best for you financially. That's likely why they gave you a gift and will leave you an inheritance. You can honor their gift by rebalancing to prevent financial loss of something they worked so hard to pass along to you.

jdp
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I had a job where I had to live in an RV for three years and I can tell you it was the worst three years of my life. Everyone thinks living in an RV is great and then after about two weeks, you’re gonna be sick of it, your mileage may vary, literally, but I’m with Brian on this.

tdpnate
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The mustache tells me this is more than a month old. Happy holidays money guyteam. Great work

Cormin
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When I worked in Europe I only got paid monthly, which was very common in the country I lived in. You had to learn to budget when you only got that one way. Set me up for a successful life!

JohnnyGlock-re
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Merry Christmas to you guys and the entire team! 🎄 Rebie, that includes you too!! 😉

ld
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Brian and Bo fighting is my favorite part of the channel 😂

burkles
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Psychedelic intro is back! It's a Christmas miracle. ❤

ConserveMore
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90% of your income in 5 stick a lot of that in a high interest bearing account! It makes a nice contribution to your vacation budget at the end of the year! 🎉🎉🎉🎉

creditczar
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I haven't listened to you guys for a while but DAMN, that stache, Nice work haha

yeloautosports
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I agree with you on the RV, it is fun and terrible financial decisions. They break all the time, but you are paying and will continue to pay for the experience.

mattlimberg
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Brian had Webelos PTSD from that trip.

Abraham.Lincoln
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I love the idea of 'gamifying' my budget! Maybe I'll treat myself to a pizza every time I stick to my plan. 🍕💰

WealthyChronicle
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Show on the road with an RV!! You’d probably get sick of it, but it might be fun to watch.

chemquests
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MGS hits the road! You guys are still doing the show while on your RV trip, right?

carolinecollins
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About 75% of my income comes in half of the year..

It's pretty easy, just follow a budget and then store the needed money in your bank account or limit your actual expenses to the smaller amount of money you gain throughout the year..

So basically I budget for less than half of my income as expenses then most of the money I get at the better earning time period I just invest..

Pretty simple

Lolatyou
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Literally doing leg day as I watch this.

FortheHLLofIT
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Reminds me of the time the Hershey Trust tried to diversify into other stocks beyond Hershey.

donaldjohnson-yn
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Thanks for the video, but I don't understand why Brian is struggling to define why an RV is different than a beach home purchase. Depreciation vs Appreciation is the prime difference. No, that shouldn't stop someone in step 8 from getting an RV, but it does change the calculation for sure. Not all properties will appreciate over time, but a home is more likely to appreciate than an RV... hands down. Even if you live in the RV full time... when you go to sell it, it will likely have depreciated 50% within 10 years... a decent property will usually appreciate at least 25% over the same time.

vaderwashere
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Lumberjack Bo, we needed to hear the story of cutting down the Christmas tree this episode. 😂

J.FamGuy.M