Why are Americans broke? On May 15, 2018, Charles Schwab released their second annual Modern Wealth Index Assessment for 2018. What this report revealed is that Americans have some work to do to rightsize their finances. What was even more interesting, is that this Wealth Index Assessment identified the primary contributing factor as to why Americans aren't better off financially.

Tune in to today's episode to find out why Americans are broke and what you can do to build wealth.

For more details, please visit our website for the show notes: 

 https://www.moneyguy.com/2018/05/why-are-americans-broke

We have an entirely different type of show for you today! Join Brian and Bo as they take you on a trip in Brian's Tesla Model 3. Yes, you heard that right, Brian and Bo take this week's show out of the studio and on the road. You'll want to watch this week's episode on YouTube if you can.

This episode is part Tesla review, part car industry overview, and part how electric vehicles impact personal finance.

For more details, please visit the show notes on our website:

https://www.moneyguy.com/2018/05/why-the-tesla-model-3-is-the-best-car-this-year/

For the video, please visit our YouTube channel:

https://youtu.be/uS9t9tb43Ts

Have you ever wondered if you should buy whole life or term insurance?

Tune in to this week's mini-episode of The Money Guy Show as we review the two different types of life insurance policies and what you need to know about them both.

For more details, please visit our website for show notes:

https://www.moneyguy.com/2018/05/what-you-need-to-know-about-whole-life-vs-term-insurance/

Part of what goes into making smart money choices is understanding your investments, how they work, and what impacts how they perform. That is why we take a deep dive into investments and share the fundamentals of what investors should know about stock valuations.

In this show, we cover what drives the stock market's ups and downs, how you can measure how you're doing with your investments, and the common investing mistakes to avoid.

For more details, please visit the show notes on our website:

https://www.moneyguy.com/2018/05/why-do-stocks-go-up-and-down/