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What Makes a Financial Mutant? The Survey Results Are In!
00:38:12
Money Guy Show | 2025 Financial Mutant Survey Show
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- [00:01]
A
I have become that person. I treat my morning routine like a VIP event. I'm talking coffee walks and all the good vibes. Morning walks have been a total game changer for my mind and my body.
- [00:14]
B
And honestly, Brian, I've seen the difference. It's been cool to see you really step up your health game and prioritize feeling your best.
- [00:21]
A
Well, I can tell you a big part of this health is wealth change for me is that I've been stacking these behaviors that maximize health and happiness. But I also run a business so I know how stressful all this can become. I like it when things are streamlined. So that's why I don't mind sharing that for the past year I've been a card carrying member and paying subscriber of AG1 every morning and I've been so happy that I can knock out so many good things. That's the vitamins, the minerals, the probiotics, all with one great tasting drinkable scoop of supplements.
- [00:51]
B
Brian, you're exactly right. I have recently started using AG1 as well and I agree it tastes great.
- [00:56]
A
Yes, it's truly an enjoyable part of this VIP routine which is a big win.
- [01:01]
B
I also learned that AG1 Next Gen replaces the need for multivitamins, probiotics and more. It includes five probiotic strains and over 75 vitamins and minerals in one easy serving. I was so excited to join the tribe who's discovered the benefits of AG1. If you want to join us on both of our health and wealth journeys, which you absolutely should, we have an amazing welcome offer for you.
- [01:24]
A
Now I can't promise it'll make you as strong as bo, but it definitely can help you like it's helped me. So head over to drink ag1.com moneyguy to get a free welcome kit including a bottle of of vitamin D and free AG1 travel packs when you first subscribe. That's drink ag1.com moneyguy we asked and boy oh boy did you guys answer.
- [01:48]
B
Brent, I am so excited about this because we asked you, the audience, to share data from your financial lives with us and 25,000 of you were kind enough to do so and help us put this show together.
- [02:02]
A
So today we're going to share the findings of that survey and see just what makes a financial mutant so special. With that, let's jump right in. 25,000.
- [02:19]
B
Brian. Financial mutants are a rare breed. We already know this. They look different than the world around them. But let's talk about what they actually look like when we say financial Me, we talk to those of you out there listening. What and who are we talking to? And this from a demographic standpoint is what we found that from an age standpoint, it is fairly diversified, but we have a lot of folks in that 30s to 40s range.
- [02:50]
A
Yeah, I mean, it was kind of amazing to see who you guys were, are. I don't know why I use past tense, but it was, I mean, look, this gets me excited. 20s, you know, you guys have the world by its tail. And there's 23% of our audience that's healthy. Think about 30s, messy middles. 41% of our audience in their 40s, 22% and even us a little bit older, you know, getting a little wisdom under our belts. 10% of the audience is in the 50s. So guys, this makes us excited. And look at this. For all the people who are in the comments section, you know, trolling marriage. It's not my financial mutants because 68% of our financial meetings are actually our married financial means.
- [03:31]
B
And again, this is of the 25,000 response that responded to our financial mutant survey. And another question we asked, okay, this is what they look like from an age and from a marital status standpoint, but where are they? Where are you financial mutants? And it was awesome to see that you guys are all over the country.
- [03:49]
A
Yeah, it doesn't matter. High cost of living area, low cost of living area. This is why it is a blessing and a curse is because now we know you really are all over the country. So as we create content, we try to make sure that we are loading you up. But it is one of those things is you can't just say, hey, all of our audience is out in California. Nope, it's California. It's just as much in Texas, it's just as much in the Northeast. It is amazing. And we do not take this for granted.
- [04:15]
B
But what this also lets us recognize is that the information that we share, the concepts that we lay out on the show are broadly applicable. And one of the things that you hear us go back to over and over and over again is the financial order of operations. It is a nine step process to help you understand what you should do with your next dollar. What it shows us by where you guys are located is that this really is an all terrain vehicle. Whether you are in a high cost of living area, low cost of living area, north, south, east, west, the financial order of operations can work for you. So if you don't have your free copy, make sure you go to moneyguy.com resources and download your free copy right now.
- [04:58]
A
So we now know ages, we know where they live. Let's get into the meat of this thing though. How good are they with money? And this is the part that floored me because remember, this is not our millionaire survey. This is not just what the average public. This is financial meetings. You guys proactively went out there and filled out a survey our audience did to tell us who you were. And by the way, this is going to create some fantastic content because we're. Yes, this is the survey results show. But this content was so good, the data was so good. We're now going to lay it against what our millionaire clients look like, what the general public looks like. And we're going to compare and contrast. So that's even more content that will be coming. But here's what we want to show you. Media net worth. If you think about the typical American struggles to just get above zero.
- [05:48]
B
That's right.
- [05:48]
A
And then when I see that the media net worth for our financial mutant audience is $650,000. Wowzer.
- [05:57]
B
That's only part of the story though because $650,000 is the median. And we showed you that demographically you guys are sort of all over the place. So we know that the median age of a financial mutant is right there at 36 years old. But when we think about breaking out net worth across the different ages, think about this. The median net worth for our 20 year old financial mutants, $185,000. For our 30 year old financial mutants, $650,000 mutants in their 40s, $1.3 million median net worth. Those in their 50s, $2.3 million median net worth. And for those in their 60s, almost a 3 million million median total net worth. Now this is all net worth. These are assets that include home equity and all the other assets that show up on your financial statement. We know Brian, we think about the average American, the average American, while they've seen their net worth increase, it's not always for the reason we'd like to see.
- [06:58]
A
Yeah, I mean when you think about the Fred data coming from the Federal Reserve, it's like the 30% increase has been all home equity financial assets still say practically at nothing. So imagine our surprise when we ask you financial mutants how much in financial assets? Because it's one thing to have net worth, how much of this is actually liquid financial assets. I'm talking about cash reserves, your 401ks, your brokerage accounts. Check these numbers out. The median number, remember the median net worth was 650,000. Imagine our surprise when we find out median investable net worth, $405,000. And that doesn't even tell the whole story because for the 20 somethings, 120,000.
- [07:38]
B
For the, for the 30 somethings it goes up to $400,000 of median investable net worth. For the 40s, 880,000. For the 50s, 1.6 million and for the 60s, $2 million. What this shows us is that financial mutants recognize that part of the way that I build up wealth is actually save some of my income, some of my shovel for tomorrow. And the way I do that is by saving and investing those dollars to, to compound over time. And if I can do that consistently, I get to have a net worth is not just all show. There's actually some real dough inside this.
- [08:16]
A
So a lot of people watching this because real as we know, 40% of audience is always brand new people coming through the door. So maybe you're watching this the first time, you don't even feel like a financial mutant and you even look at this and going aspirationally, who are these people? How can they have this level of success? One of the first things you can do if you want to get on the train, if you actually want to be part of this process, start tracking where are you? Because how are you going to know if you're ahead of the curve, behind the curve, or right where you're supposed to be if you don't even know where you fit into this? Go check out our net worth tool. Now we have two ways we can get this for you. If you go get our free version, you can just go to moneyguy.com resources but you can see up on the screen we actually have a dashboard version which lets you use it as a tool. If you go to learn.moneyguy.com this is the exact same version of the net worth tool that we use. Bo and myself use this for tracking our own. What I like is because like I said, I keep highlighting this guy. Dashboard lets you see the three buckets. You know, how much of this is after tax money? How much is it tax free? How much is tax deferred? How much? How has this journey changed on paying down my debts? How much of this is, you know, liquid versus comparing to my annual income? All these things are so important. So you can actually compare and contrast where you're going with your financial resources.
- [09:29]
B
So if you have not started tracking your net worth, you should and we assure you that your future self will thank you the absolute best time to begin tracking was last year, which means the second best time to start tracking it would be right now, this year. So go to learn.moneyguy.com to download that. So we talked about the age, the median age of our financial mutants and where in the country they're located and what their net worth looks like and what their investable assets look like. Now, bro, let's talk about, okay, how are they actually able to get to that net worth? We think about the number one way that most people are able to build wealth. It's through their income. So when we think about incomes for financial mutants, how did that look for this is one.
- [10:11]
A
I mean, because we just did the net worth. We did investable net worth, now we're doing the income. And I'm like, you guys are the better versions of even myself. I mean, because I'd always daydreamed that I had goals for myself. Now realize I'm a little older, so you'd have to inflation adjust these, these goals up. But mine was I wanted to have $100,000 by the time I was 30. I wanted to have a million dollars liquid investments by the time I was 40. And I see my typical financial meeting. You guys are actually accomplishing this. When I look at median household income, this blows the doors off of what the typical American. Like I said, we're going to create content that compares and contrasts this to the typical American, plus even our millionaire clients. But to know that our 20 something listeners, our financial means out there listening that their median household income is $120,000, that just blows my mind. And then Bo, I think about the 30 something. Yeah, this is you in the messy middle, 185,000. And then peak earning years in the 40s, 210,000 50s. You guys are extremely successful even at 200,000, the 50s. And of course, you know, retirees still seem to have income coming in at six figures. Truly amazing data.
- [11:23]
B
And remember, this is household income across all of the different ages. And so obvious financial mutants recognize that. Man, if I can increase the size of my shovel, that allows me to be able to begin building wealth. And the earlier that I can do that, the easier the process is and the faster the wealth building happens. And so one of the questions we asked, okay, well, what, what was the way that you did it? How were you able to attack this? And one of the things that we know is a lot of you said education was part of the key to me being able to find a vocation for me being able to be in a job where I'm able to increase my income and thus increase the amount that I'm able to save. And if you've listened to our content, if you listen to our show for any amount of time, you know that one of the things that we really stick hard to is that a lot of Americans right now are starting out in a tough spot. They have student loan debt lagging behind them that they have to carry into their 20s, into the 30s, and sometimes even into their 40s. And we think that there is a better way to do money. So one of the things we talk about all the time is what we call the first year financing rule. When you think about how much student loan debt should you take on, we don't want you to accrue any more debt in total than what you anticipate your first year salary to be. So if you're going to follow the money guy rule, you don't want more debt than your first year salary. And so, Brian, we just asked the question for our financial mutants, for our respondents, did you guys do this? Was this something that you practiced that got you to where you are, or is this something that's kind of made up out in the ether and doesn't apply?
- [13:03]
A
Yeah. I mean, then you can imagine when we came back and found out you guys are practicing what we share on the show, 85% of you in the financial mutant sphere of the world are practicing the first year financing rule, Meaning you either came out of school with no debt or, or you at least made sure that your student loans were below what your first year salary. Guys, this is a huge win. This is why when we start tracking who's doing well, who's winning, this is amazing stuff, and it shows me because a lot of this is, are you being an active player in your life, you know, because we all villains and victims, never win. So if you look at your humble beginnings and you realize, oh my gosh, you know, I've got all these things working out. You have to be very deliberate how you navigate the process so you come out the other side well. And I'm happy to report 85% of our mutants seem to not be falling in the trap that's just ensnaring so much of the general population.
- [13:58]
B
I think a lot of mutants recognize that. Okay, you know, what really matters is the education I'm receiving, not necessarily the prestige of the name that goes on the top of the diploma. What I recognize is that higher education, college is a means for me to be able to get into the next phase Next season of Life. So I want to make that decision or really, really well and do it more based on what I will actually get out of it, not what the rest of the world views my education, pedigree to be. And so financial mutants have recognized, okay, well, I go get the education and I understand how detrimental debt can meet be to me building financial independence. So I'm going to avoid getting in debt, but I'm also going to recognize that once I do start working, once I do start getting out into the workforce, I need to actually begin letting my money work for me. And when it comes to savings, you guys are incredible.
- [14:56]
A
Yeah, I mean, this is one when I saw it. Now, look, we're going to highlight the fact because we always say, what's the goal for being a financial mutant? Is we do want you to reach saving and investing 25% of your gross income as fast as possible. And I'm here to report happily, that one in three of you, meaning 33% of our audience, is already doing this. But I think that that's missing a little bit because recognize we show data all the time. And we'll pull this up so you don't have to kind of go. You don't even have to go to moneyguy.com resources because we're gonna just pull it up on the screen here in a second. But there is a group of you who are in the 20s, and you realize maybe I don't. Because why does the 25% rule exist is because a lot of people don't discover personal finance into their late 30s. And when you do the math of how much you have to save to have a good replacement ratio, it is typically beyond 25%. But because you guys are financial mutants, you can, if you're in your 20s and you're saving 10%, 15%, 20%, it's still going to create tremendous opportunity. And I'm happy to report 59.2% of our financial mutants who filled out this survey actually are saving greater than investing 20% of their gross income.
- [16:08]
B
And again, I don't want, I don't want to, like, rob stuff from the comparison show, but we know that right now, 60% of Americans, 60% of Americans could not come up with $1,000 for emergency. And yet 60% of our financial mutants, 60% of you guys out there listening to this content, save more than 20% of your gross income. You recognize how powerful compound interest can be. You recognize that sacrificing a little bit of today can yield a great big, beautiful Tomorrow. It is unbelievable. Brian, you referenced a tool that you can go check out if you want to go to moneyguy.com resources. We have a deliverable called how much should you save? That shows based on different ages, how much at different. How much income could I replace at retirement based on different savings rates. So you can go say, okay, hey, if I'm someone who's 30, yeah, maybe I'm okay if I save 20% or 25%. But remember, unknown, unknowns come your way. That's why we say the faster you can get to 25%, the more freedom and flexibility you'll likely give yourself down the road.
- [17:16]
A
So I love this next thing because a lot of people I know we're gonna see this content and they're gonna be like, okay, wow, this, this group has a high net worth, high investable net worth. Their income's high. They're probably because if we lived in this consumption society that we live in here in America, these people probably live in big house.
- [17:34]
B
They got to be drive thousands of cars.
- [17:36]
A
Because everything I see on social media is everybody's highlight reel that they're living their best life. But as we know as financial mutants, what is put out there in this consumption society we live in is not tied to reality. If you want to break through the matrix of life and actually build something so your money works harder than you do so you can actually control and own your time that much sooner, the decisions you make with your cars, the decisions you make with your housing, that is the discipline that's going to yield huge results. So you have to pay attention. It's not the latte effect. A lot of times, it's these car and home buying decisions is really going to create a lot of opportunity for you.
- [18:15]
B
And what I think is so great about you guys as an audience is a lot of you are financial mutants. And maybe even though you're not a millionaire yet, you're a millionaire in the making. And one thing I think is so interesting, we get a bad rap on this, Brian. But all the time when we talk about buying cars, we always say we love the idea of being able to pay cash for your car, Brian. When you buy an automobile, you pay cash for it outright. The stage of life where you do that, I do the same thing. But it's not always been that way. That's not always, always the way that it was. And so even though a number of our financial mutants have reached a level of success that that is how they purchase their cars, we asked the question, hey, financial Me, when you bought your very first car, when you first started out, were you someone who only paid cash for a car and you never had a car loan? And it was awesome to see that 59% of you, almost 60% of our financial mutants said hey, at the beginning of my journey when I got my first car, I had to borrow money, I had to finance. So if you're someone out there right now who can't pay cash for a car just yet, that's okay. You are in good company. A lot of financial mutants have found themselves in that exact same position.
- [19:28]
A
Yeah, I mean it's that, that part because we have a no hypocrisy policy is, that's why we have. We understand we want you paying cash for cars, but most is we and it. By the way, I don't think there's a slide on this, but I was happy to see you in the data once again. These aren't inherited silver spoon millionaires. The majority of our audience and you guys reflect this and I love when we get to do the comparison show. We'll make sure this data gets in there is that you come from. Also a lot of you from humble beginnings as well, you're trying to figure this out. And a lot of times your job is your first wealth generating process. So it makes sense that buy the first car just like I had to do this, just like Beau had to do it, you finance it. Even if our preference is to pay cash. But here's the thing about the behavior side that I love. When you look at how people drive their vehicles 8 and use their vehicles, 81% of financial mutants drive their cars for more than 7 years.
- [20:23]
B
I love that so much. And by the way, this, this does not say 81% of financial mutants drive drove their first car for seven years. This says that financial mutants recognize that when I buy a car, I want to make sure that I drive it for long enough that I'm capitalizing on it being a depreciable asset that I'm not going to allow to work against me in my financial journey.
- [20:46]
A
So that's the part that I think is just so important is that it's the behavioral part. I mean there's a thing, there's a reason we call you mutants is because you have this society where everybody's pushing you and telling you hey, consume be better show the highlight reel. But yet somehow you guys are just, you're divergent in the fact that the way you see the world, you process it completely different with all this stuff that's just being pumped into your head. You're like, nope, not for me. I'm going to do this a little bit differently. And I love it. And that's why when we create the rules like 23 8, just for those, like I said, I know 40% of audience you're coming in and you go, is this a cult? Who are these people? Their data looks like you too can be just like this. If you'll start following some of this guidance because we want you to be able to see outside or see through the craziness that the world is trying to give you. There is a better way to do money. And for 23eight, because a lot of you are probably right now starting out your journey and that job is the most important thing. Just like it was for me, just like it was for Bo. You're going to need to put down 20%. If you can't pay cash, which is the preferred, put down 20%. So that way you're at least not, you have some skin in the game on this. If you don't finance it for longer than three years when you must leverage and use financing as a tool, don't go beyond three years because what this protects is, it doesn't allow your, your eyes, your ego, you thinking about what the rest of society is doing because they're putting that, pumping that into your head all the time. This will keep you grounded because that amortization is going to really keep that payment. It's going to make it hot. Yeah, a small sum of money is still going to have a high monthly payment. That way they don't get to play that, that crazy game they play at the auto dealership where they just say anybody can afford anything at $200 a month. What do you want your car payment? Because we'll just. Yeah, what do you want your car payment? Because we'll just push the amortization out to the next 12 years. I mean, I'm joking but we seem to be going that journey is the way we go from five to six to even beyond at this point. And then we don't want those payments to exceed 8% of your gross income. If you can follow this, it leads you so you don't end up over levered living a lifestyle that's fake. We want you to have to live your best life so you can save, invest, but also bedazzle your basic life and live some amazing memories.
- [23:02]
B
I love that. So following 23eight is a great way to make sure that you make good car and auto decisions. But we know that while an auto is a large financial decision that we make for most people, it's not the largest. For most people, the largest financial decision you will ever make is in relation to your home, the place where you live, the shelter over your head. And so we wanted to ask, okay, when it comes to our financial mutants, what does their home consumption decision look like? Brian, you've already noted they have very high incomes and they have very high net worth and they have very high liquid net worth. They must be living in the lifestyles of the rich and famous and the cribs type homes. And we were pleased to find out that when we actually asked for the total home values across all of our financial mutants, even in the midst of this recent real estate run up that we've seen, the median home value for our financial mutants was $381,000.
- [24:04]
A
Now look, look, I don't, off the top of my head, I don't know what the average is in the United States. We'll have that for that show because we are going to have a comparison show like I said to the, the general public, our financial, you know, our millionaire clients as well as our financial mutants. But I think we're going to see that. This is amazing. This is very similar to where probably the median for the country is. Instead of these people who are making incredible decisions, disciplined decisions, they're living like the rest of us. This is truly the millionaire next door. I did think it was interesting and this is something that I know the trolls will have a field day because it does show the disparity in what is, has been an opportunity. And where we are now is just separated is that median mortgage rates for financial means was 2.75, which is completely separated from the reality of the world right now post pandemic. And that's why I think it also shows in the data we didn't put this on the slide, but 27% of our financial mutants are actually building this incredible journey and actually building all these great net worths with the incomes they have completely outside of owning, that's their own home. They're actually, you know, renting or doing other things and they're still not letting that keep them from building their great big beautiful tomorrow.
- [25:14]
B
Well, even when you think about financial mutants, you know, mortgage rates were only at 2.75 for a moment. It's not like, I mean we were in a low interest rate environment. But what this shows me is that financial mutants recognize when and how to capitalize an opportunity. So maybe you're Someone who's buying a house now or has recently bought a house and you don't have that 2.75% mortgage. But that's not to suggest that there might not be an opportunity in the future for you to refinance and get into that 6%, that five and a half, maybe even that 5% mortgage. Financial Mutants recognize opportunities and they capitalize on them. So if you are someone out there who's thinking about homeownership, or you're one of the 27% who's not quite there yet, we have a rule that you can follow to make sure that you stay inside the lines, even in this wild world in which we live right now. And we call it the 3, 5, 25 rule. And what that means is that when it comes to your down payment, we don't subscribe to the idea that you have to put 20% down. For first time home buyers, we think it's okay if you make a down payment as low as 3% so long as you plan on being in that home for at least five years. And when you add up your total housing cost, it does not exceed 25% of your gross income. If you can follow that rule, you will likely get yourself into a home that you can actually afford.
- [26:37]
A
Yeah, once again, we're giving you this guidance. I know it is contrary to what the, a lot of the things you're seeing out there on social media and put out there, but it's, it's the no hypocrisy hypocrite policy is. So that 3% is. There's so many people out there telling you in the past now, I think people have changed their tune. They're now coming closer to where we are because the market has forced it. But we've always said, hey, I looked at myself, I only put down 3 to 5% on my first house. I know you only put down 3 to 5%. Most of our financial advisors here at our wealth management firm had only put down 3 to 5%. Let's start sharing that with the world so people don't have to already in a hard situation feel like they had to put down 20% just because the talking heads are saying this. We've never had to adjust our rules because we understand that we got to get you on the home ownership train. But that's why the rules also that we give you these checklists and other things so you can make sure you do this right. And that's why I would encourage you if you are thinking about, hey, how do I Know how to do homeownership. Well, I want to encourage you to go to moneyguy.com resources. We actually have a calculator for you. We have checklists for you. We're trying to make sure that you get to measure twice, cut once, and these big life decisions that will, you know, kind of hang with you and you either celebrate or you'll just rue the day that you made these decisions. We want to make sure you feel like you're well taken care of and you're doing it with the right decision matrix with both the finances, the math, as well as the mindset.
- [28:02]
B
So, Brian, we had 25,000 financial mutants tell us what their financial life looked like, and we know who they are and how old they are and what their net worth looks like and what their investable assets look like and their income, and we even know how they consume. But another question that we wanted to ask is we recognize that financial mutants are exactly that. They're mutants. They think and see the world a little bit differently. So we wanted to dive in to the mutant mindset. So for these 25,000 folks, we asked, okay, hey, when was it that you started taking personal finance seriously? Was it something that you figured out early on, or is it something that you're just now stumbling onto? And what we recognize is that when it comes to financial mutants, they have said that they got serious about money. They got serious about understanding finances and the powerful tool that money can be around the age of 25.
- [29:02]
A
Yeah, this is. This is talking about head Start. I mean, because this is. Guys, if you watch any of our content, a lot of you will say, why is the 20s always the longest break? Is because, like, guys, you have the world. I've said it already on this show once. I'll say it again. You have the world by its tail. Meaning I don't care what humble background you come from, if you will just do something, don't stand still in your 20s, you will be successful just because the power of compounding growth is just that powerful. Now we know, and we're going to do a comparison show. We know the typical American does doesn't even figure out this concept till they're well into their 30s. Imagine our surprise when we find out the typical financial mutant is 25 years. 25 years of age has a wealth multiplier of 44 times huge. That's the head start, guys. That is why you can say, hey, these people are built differently. This is why the mutant fits is because they're not falling into the traps that it seems like the typical Americans do.
- [29:59]
B
But maybe you're listening to this and you're not 25. That's okay. And maybe you're not 30. That's okay. The absolute best time to have figured out money and to start taking it seriously was yesterday. Which means that today is the second best time. So I'd encourage you, if you haven't done this, go to moneyguy.com resources. You can check out our wealth multiplier, deliverable, or you can even play with our tool on the website. Because we want you to recognize that while you may not have figured this out as early as others, it is still not too late. Because we believe that there's a better way to do money. We believe that you can control your financial future if you start making those decisions today. But, Brian, a lot of folks out there, a lot of the average American doesn't do that. They don't either. Either don't educate themselves. They don't take money seriously. They fall into the traps that the general consumer falls into. Falls into. And one of those traps is debt. And unfortunately, in the world in which we live today, it's gotten so easy that anything I want, I can just swipe, and I can have it immediately. Well, I don't have to, bruh. I don't have to swipe anymore. I can just tap it. I can just tap now and walk out. So we asked the question, okay, or.
- [31:12]
A
Buy now, pay later.
- [31:13]
B
Yeah. We asked our financial means, okay, when it comes to credit cards, how do you use them? Are you. Maybe financial mutants recognize how devastating and scary and deadly that they can be. And so maybe financial mutants don't even use credit cards at all. Is that what we found?
- [31:30]
A
You said something earlier because when we were looking at mortgage rates, you're like, man, it was only a moment in time that we even had rates that low. So these mutants must be great. Just like Millionaire next Door and other surveys of good mindset people are, is they maximize the moments. And so when we look at our financial mutants in our audience, over 96% said, hey, credit card use, that's a. Okay. Because look, there's, you know, it's. It's. You can get into some online transactions where you like, I don't want to use cash on this because this might be shady. It's okay with a credit card because the bank will make sure I'm whole if I get in a bad situation. There's all kind of protections. There's warranties, there's. There's rebates. And there's rewards. 96% of you are saying, I want to sign up for that opportunity. But here's what I'm happy to report. This is where you once again disconnect. And we'll have content that compares and contrasts to the general public, plus our millionaire clients. 90% of financial mutants, though, are saying credit card use is a. Okay. Credit card debt. No way. Because how are you ever going to get ahead if you're paying 20 plus percent to a financial institution when you're hoping in a good year that we make somewhere between 8 to 12%? You guys get it. And it makes me so happy you.
- [32:46]
B
Recognize that avoiding risks, avoiding things like debt, avoiding things working against you can be so viable. And you also take that to your balance sheet. We ask this question, okay, for our financial mutants, you understand, if you're following the financial order of operations, Brian, get all the thing up for me. If you're following the financial order in the first four steps, two of them have to do with emergency reserves and cash on hand. And we said, okay, well, how seriously do our financial mutants take this? And we were so pleased to see that 85% of financial mutants have a fully funded emergency fund. They're not skipping steps. They're not staying too lean. They recognize that cash is a tool in your tool belt that can keep your financial life out of the ditch. They take it seriously. And they have fully funded emergency reserves.
- [33:35]
A
I keep. I mean, Financial mutants is the perfect name because these people are. You're just built different. And I think that that also goes towards not only your mindset, but your world outlook. You know, I have always been accused of just being an optimist. I always just think things are going to work out. I don't let myself. Even when my own children complain about stuff, I might watch how you process and think. Because villains and victims, like I said, we all come. A lot of us have struggles. We come from humble a lot. Many of you out in the audience, you come from very humble beginnings. You have to. Sometimes you go, yes, that's a bad situation. But what can I do to make my situation better? You're trying to figure out, is there silver lining even in this bad opportunity? And I've, man, when I wrote Millionaire Mission, I tried to make sure that mindset made it in there. I'm so happy to report, man, I guess birds of a feather flock together because it is a 4 to 1 ratio. If you look at how many of our audiences, optimist versus pessimists, it's a 4 to 1 ratio across all incomes.
- [34:42]
B
It's not just the people that have huge incomes where you say, okay, yeah, yeah, if you're making tons of money, of course you're going to be more happy. No, this is across all income thresholds. Financial mutants recognize. You know what? I'm able to find the silver lining, Brian. One of the things you taught me very, very early on in my career, you said, bo, all of us, every single one, has a voice in your head. And that voice can either be a positive influence or a negative influence. And you get to choose. And what I think is awesome is when it comes to financial mutants at a ratio of 4 to 1, you choose to let that voice be positive, and it shows them the results of what your financial situation looks like.
- [35:20]
A
Yeah, I mean, don't we all want a cheerleader? We want somebody who's in our corner pushing it. Make sure your mindset reflects that. You know, it's kind of a song lyric. Fix your face. How about fixing what your outlook is to figure out how you maximize this? And that's what. Look, I was floored when. When the results came in. First of all, the amount of you who responded to these surveys. Thank you, thank you, thank you. But then to see how just bold, successful, and disciplined every one of you are, I mean, I almost feel like we really do need to get on this merch train so people can actually wear loud and proud that they are financial mutants. But it also, the Johnny Appleseed version of myself knows because of the educator heart that I have is. I know we're planting seeds. We're creating the next generation. You're going to. If you do what we've shared with all of our free resources, all of our free content, enough of you are going to realize, oh, my gosh, those guys, when they say, if I do this, success breeds and creates complexity, I'm there. And so we would be amiss if we didn't say, hey, now that you've reached here, let's take this relationship to the next level. If you want to now transition and graduate from just being a financial mutant survey next year, you'd like to be in the millionaire survey. Let's go ahead and take this relationship to the next level. I want to encourage you. Go to moneyguy.com, look at the work with us, or how to become a client, and we will load you up and keep that abundance cycle going forward. I'm your host, Brian Preston. Mr. Bo Hanson, MoneyGuy Team out.
- [36:51]
B
The Moneyguy show is hosted by Brian Preston and Bo Hanson. Brian and Bo are partners with Abound Wealth Management. Abound Wealth Management is a registered investment advisory firm regulated by the securities and Exchange Commission. In accordance and compliance with the securities laws and regulations, Abound Wealth Management does not render or offer to render personalized investment or tax advice through the Money Guy Show. The information provided is for informational purposes only, may not be suitable for all investors, and does not constitute financial, tax, investment or legal advice. All investments involve a degree of risk, including the risk of loss.