Your Salary Structure is WHAT?

[@jdp486]

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.

[@tdpnate]

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.

[@bobbert1945]

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!

[@Lolatyou332]

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

[@Cormin]

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

[@amfdfireinside]

Not the fact that rebie is fielding the questions? ;)

[@Cormin]

@ that too!

[@ConserveMore]

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

[@Abraham.Lincoln22]

Brian had Webelos PTSD from that trip.

[@chemquests]

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

[@J.FamGuy.M]

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

[@donaldjohnson-y6n]

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

[@creditczar6979]

90% of your income in 5 months....... 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! 🎉🎉🎉🎉

[@carolinecollins2441]

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

[@ld5714]

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

[@victorbaird8220]

I love you 😘 😊

[@FortheH3LLofIT]

Literally doing leg day as I watch this.

[@potatoesandgravy7021]

Thats one snazzy shirt Bo has on.

[@WealthyChronicle]

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

[@anniealexander9616]

I don't give to charity very often. I have a friend who is a pilot flying for Delta who taught me non-profit is very profitable. When I give, it's to my children. I get asked to give to veterans. I also answer that I'm keeping a roof over two veterans heads. My son and son in law. I get asked to donate to medical for children. My son was sick when he was a baby. At Scottish rite, I saw a woman dressed to the T applying for that help. I was sitting there in my jeans T-shirt and Walmart sneakers but I paid my bill. Charity starts at home. I give generously to my children. I have stopped on the side of the road and given cash to a couple with 2 kids to be able to buy gas to get them on their way. I've given cash to a guy with a sign that read, NOT GOING TO LIE, I NEED A BEER! I was impressed by his honest.

[@MinoGamingg]

Is this live?

[@brandon8531]

No

[@roburb73]

As a 27 year military retiree, my pension affords me the opportunity to stay 100% invested in stocks. Where people invest for years to get what will pay them 4% of their $1M, I have what pays me the equivalent of 4% of a $2.5M portfolio. If you retire and have Tricare, it's a game changer! If you have VA disability compensation, another game changer and access to VA healthcare. So many things I didn't think of during my service.

[@blakebrown6663]

I got about 7 years left until retirement and so glad I found these guys a couple years ago to build all of this on top of a couple federal pensions/VA. Love sharing this show to the young soldiers I work with to get them rolling while they have so much time!

[@roburb73]

@ Good on you for sharing this with your junior folks. They need the education, especially junior enlisted! I wish I had this to guide me when I first enlisted, we didn't talk about money when we weren't making any. 🤣. Continue to lead from the front!

[@glasshalffull2930]

Outstanding!!! If your portfolio is in the TSP or equivalent before tax account, be sure to anticipate the Required Minimum Distributions at 75. Many federal retirees never anticipated their TSPs would grow into the multimillions. Consider Roth conversions or pulling more and filling the lower tax brackets now.

[@blakebrown6663]

@ I only started a few years ago but luckily all of them are Roth contributions. Since I hopefully will already have a couple taxable incomes by then.

[@Logan_12G]

GO CHIEFS!!

[@victorbaird8220]

Bo’s shirt 😁😁😁😁😁😁😍😍😍😍😍😍😊😊😊😊😊😊😊😘😘😘😘

[@anthonymejia7838]

all i want for christas is to see bo shave that mustache

[@J.FamGuy.M]

He already did...but I would like to see the video too

[@coco4otoro798]

How do I put down 3-5% for a house? I can’t imagine putting down any less than 15% at least

[@J.FamGuy.M]

I like where your head is, don't borrow what you can't afford. The biggest thing to consider is mortgage rate and asset appreciation rate. I'll give my real-life scenarios. At 26, I bought a house for 235,000 while having 45k in the bank with a mortgage of 2.49 percent and a 30 year avg appreciation in the area of 6%. Would I be more stable financially with doing a 5% downpayment or a 15% downpayment? The bank does not give us any savings unless we put 20% down and they only care that we never miss a payment. Scenarios #1: 15% down = 35k paid on home and 5k left in Roth at 6% and 5k in cash making 1%. Scenario #2: 5% down = $11,750 paid on home, 11 k in Roth at 6%, 11k in an after tax investment account at 6% 11,250 as a 4 month emergency (back then, not now.) Year 1: appliances, paint and some reno. Year 3: new roof to stop leak Year 5: new furnace and a/c Year 7: new windows Scenario #1: 1st year= home appreciated 14k, mortgage interest paid out -5,000, Roth gains 300, cash gains 50. Total change + 9350. Scenario #2: 1st year = home appreciated 14k, mortgage interest paid out -5500, Roth gains 650, non-registered investments 650, and cash 100. Total change = 10k. For us, Scenario #2 was the safer option. With interest rates rising and all other debt paid off, we have been targeting our mortgage. Total amortization will be 15 years.

[@StuckInOhio10]

It's Christmas Eve, guys need to take a break

[@dietcurt]

They prerecorded this months ago before Rebee took maternity leave

[@StuckInOhio10]

@dietcurt thanks, Diet

[@bgr007]

👏🏽👏🏽👏🏽

[@EyeCandyAthlete]

Squats are hard, but deadlifts are harder. Deadlifting heavy and with good form is the toughest exercise to do. Look around in the gym, you'll see lots of people squating, but not so many people are heavy, strictly deadlifting.

[@AIStrategy-g8r]

First comment 😊😊

[@victorbaird8220]

You are so beautiful 😍 😊

[@CarrollGomez-u5o]

I'm favoured $45k every 7 weeks! I now have a good house and can afford anything and also support my family

[@BrandonWallace-v2w]

How please

[@Kayla11113]

Looks like the start of a scammer thread.

[@jessicakaiser323]

Hard to take advice from someone with a scale model cybertruck behind them 🤨