Are You Making This Massive Mistake With Your Cash?
The Money Guy Show 58:43
45,793 views · 997 likes Watch on YouTube ↗
Your emergency fund is so important that it takes up two steps of The Financial Order of Operations, but new data from Bankrate reveals 75% have less in reserves than they did a year ago. Brian Preston (CFP®, CPA) and Bo Hanson (CFA®, CFP®) break down the spending categories that are quietly draining emergency funds, and explain the two-step process the FOO uses to help protect you no matter what life throws your way.
We also answer your questions live, from rolling over old Roth 401(k)s to box trucks and the 20/3/8 rule. Plus, don't miss our brand-new segment, From the Wings, where the content team presents live headlines to react to (octopus fossils included).
Timestamps
0:00 Are You Making This Massive Mistake With Your Cash?
5:08 Where People Go Wrong With Their Emergency Fund
11:36 Q&A: How Long Does It Take to Build an Emergency Fund?
16:24 Q&A: I Can't Roll Over My Roth 401(k). What Should I Do?
21:46 Q&A: Do Sinking Funds Count Toward My Savings Rate?
26:40 Q&A: Should a Box Truck for My Business Follow the 20/3/8 Rule?
32:47 New Segment: From the Wings
47:22 Q&A: Should My 401(k) Contributions Be Roth or Traditional?
49:45 Q&A: Should I Use a Roth IRA or Brokerage Account?
53:21 Q&A: Should We Focus on Catching Up My Wife's Savings or Save Equally?
🔗 Financial Order of Operations → https://moneyguy.com/guide/foo/
🔗 Got An Old 401(k)? → https://moneyguy.com/resource/got-an-old-401k/
🔗 20/3/8 Car Buying Rule → https://moneyguy.com/guide/20-3-8-rule/
🔗 The Moneyverse (Discord) → https://moneyguy.com/moneyverse/
🎓 Brian Preston (CFP®, CPA) and Bo Hanson (CFA®, CFP®) share professional insights to help you own your financial future.
Jump start your journey with our FREE financial resources: https://moneyguy.com/resources/
Subscribe on YouTube for early access and go beyond the podcast: https://www.youtube.com/c/MoneyGuyShow?sub_confirmation=1
Connect with us on social media for more content: https://moneyguy.com/link-in-bio/
Take the relationship to the next level and become a client: https://moneyguy.com/become-a-client/
#WealthBuilding #PersonalFinance2026 #RetirementPlanning #FinancialFreedom
We also answer your questions live, from rolling over old Roth 401(k)s to box trucks and the 20/3/8 rule. Plus, don't miss our brand-new segment, From the Wings, where the content team presents live headlines to react to (octopus fossils included).
Timestamps
0:00 Are You Making This Massive Mistake With Your Cash?
5:08 Where People Go Wrong With Their Emergency Fund
11:36 Q&A: How Long Does It Take to Build an Emergency Fund?
16:24 Q&A: I Can't Roll Over My Roth 401(k). What Should I Do?
21:46 Q&A: Do Sinking Funds Count Toward My Savings Rate?
26:40 Q&A: Should a Box Truck for My Business Follow the 20/3/8 Rule?
32:47 New Segment: From the Wings
47:22 Q&A: Should My 401(k) Contributions Be Roth or Traditional?
49:45 Q&A: Should I Use a Roth IRA or Brokerage Account?
53:21 Q&A: Should We Focus on Catching Up My Wife's Savings or Save Equally?
🔗 Financial Order of Operations → https://moneyguy.com/guide/foo/
🔗 Got An Old 401(k)? → https://moneyguy.com/resource/got-an-old-401k/
🔗 20/3/8 Car Buying Rule → https://moneyguy.com/guide/20-3-8-rule/
🔗 The Moneyverse (Discord) → https://moneyguy.com/moneyverse/
🎓 Brian Preston (CFP®, CPA) and Bo Hanson (CFA®, CFP®) share professional insights to help you own your financial future.
Jump start your journey with our FREE financial resources: https://moneyguy.com/resources/
Subscribe on YouTube for early access and go beyond the podcast: https://www.youtube.com/c/MoneyGuyShow?sub_confirmation=1
Connect with us on social media for more content: https://moneyguy.com/link-in-bio/
Take the relationship to the next level and become a client: https://moneyguy.com/become-a-client/
#WealthBuilding #PersonalFinance2026 #RetirementPlanning #FinancialFreedom
Category (YouTube): People & Blogs
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