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Our Biggest Money Mistakes

Our Biggest Money Mistakes

FromThe Financial Independence Show


Our Biggest Money Mistakes

FromThe Financial Independence Show

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.
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CodyDBerman.com (Cody’s Blog)

Saving-Sherpa (Justin’s blog)
Released:
Feb 28, 2024
Format:
Podcast episode

Titles in the series (100)

Cody Berman and Justin Taylor believe in the concept of “Financial Independence For All”. The FI Show focuses on REAL stories of individuals on their journey to financial independence. Each episode aims to include actionable insights and takeaways for listeners to implement into their own financial situation. The podcast covers topics like building wealth, entrepreneurship, investing, money mindset, small business, frugality, geoarbitrage, side hustles, real estate, productivity, travel, and so much more. Sit back, tune in, and join a community of like-minded people who are changing their lives through financial independence.