42 min listen
Our Biggest Money Mistakes
ratings:
Length:
25 minutes
Released:
Feb 28, 2024
Format:
Podcast episode
Description
We're money experts and would never fall for a financial trap right?
Not exactly...
Over the course of our lives, we've made some pretty bad money moves.
It is scary to think about how much more money we could have had at age 65 if we hadn't blown that money.
But we're all human, and we all make mistakes.
And that's really what we want you to take away today.
Understand that making mistakes is part of the journey, the important part is that you learn from them.
What were some of these mistakes?
Expensive cars that wiped out savings
Major percentages of net worth wasted on a single volatile stock
Whole life insurance policy
Thinking you've outsmarted the market
More
If we really examine these, most come down to emotions.
Getting sucked into the excitement of getting rich.
In reality, the math to financial independence is fairly simple, the hard part is staying the course.
Make a plan, and stick to it, regardless of the hype cycle and you'll be rich one day.
Thank you all for listening and may this episode help you on your path to a financially independent future.
Join the Community
We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community!
Grab the Ultimate FI Spreadsheet
Join our Facebook Group
Leave us a voicemail
Send an email to contact [at] TheFIshow [dot] com
If you like what you hear, please subscribe and leave a rating/review!
>> You can do that by clicking here <<
Learn More About Your Hosts
CodyDBerman.com (Cody’s Blog)
Saving-Sherpa (Justin’s blog)
Not exactly...
Over the course of our lives, we've made some pretty bad money moves.
It is scary to think about how much more money we could have had at age 65 if we hadn't blown that money.
But we're all human, and we all make mistakes.
And that's really what we want you to take away today.
Understand that making mistakes is part of the journey, the important part is that you learn from them.
What were some of these mistakes?
Expensive cars that wiped out savings
Major percentages of net worth wasted on a single volatile stock
Whole life insurance policy
Thinking you've outsmarted the market
More
If we really examine these, most come down to emotions.
Getting sucked into the excitement of getting rich.
In reality, the math to financial independence is fairly simple, the hard part is staying the course.
Make a plan, and stick to it, regardless of the hype cycle and you'll be rich one day.
Thank you all for listening and may this episode help you on your path to a financially independent future.
Join the Community
We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community!
Grab the Ultimate FI Spreadsheet
Join our Facebook Group
Leave us a voicemail
Send an email to contact [at] TheFIshow [dot] com
If you like what you hear, please subscribe and leave a rating/review!
>> You can do that by clicking here <<
Learn More About Your Hosts
CodyDBerman.com (Cody’s Blog)
Saving-Sherpa (Justin’s blog)
Released:
Feb 28, 2024
Format:
Podcast episode
Titles in the series (100)
006 | Casually Saving 90% of Your Income | Lily @ The Frugal Gene: In today's episode, we get a chance to talk to Lily from The Frugal Gene about her accelerated path to financial independence. By choosing to avoid lifestyle inflation, Lily and her husband are able to save 90% of their income. by The Financial Independence Show