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The Money Guy Brian Preston and Bo Hanson’s Strategy to financial freedom

Jerryltan
3 min readFeb 3, 2023

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The Money Guy, Brian Preston and Bo Hanson, is 2 personal finance expert who has a strategy for getting out of debt and becoming wealthy. His approach focuses on a combination of reducing expenses, increasing income, and making smart investments.

Step 1: Create a budget. The first step in Brian Preston and Bo Hanson strategy is to create a budget. This means tracking your spending, identifying areas where you can reduce expenses, and creating a plan for how you will allocate your money each month. A budget will help you get control of your finances and make it easier to pay off debt.

Step 2: Reduce expenses. The second step is to reduce expenses. This means finding ways to cut costs and live below your means. Brian Preston and Bo Hanson recommend looking for areas where you can reduce expenses, such as cutting back on dining out, reducing entertainment costs, or shopping for cheaper groceries. The more you can reduce your expenses, the more money you will have to pay off debt and save for the future.

Step 3: Increase your income. The third step is to increase your income. This means finding ways to earn more money, either through a higher-paying job, a side hustle, or starting a business. Brian Preston and Bo Hanson believe that increasing your income is key to becoming debt-free and building wealth, as it will give you more money to put toward debt repayment and saving for the future.

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