Why High Paid Americans Are Actually BROKE!

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Manage episode 286588337 series 1945017
By Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors, Brian Preston, and Bo Hanson. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Even people with a lot of money are in danger of going broke. There's a big difference between being "rich" and "wealthy." Is your cashflow high, but your net worth statement low? Do you own your life, or are you do you find yourself, like the man in one of our favorite commercials, "in debt up to your eyeballs"?

This episode will show you the fascinating statistics behind the broke high-income earners across America. Plus, you'll walk away knowing how to protect yourself from the same fate as you reach financial success.

For more information, visit: https://www.moneyguy.com/2021/03/why-high-paid-americans-are-actually-broke/

514 episodes