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10 WORST financial mistakes according to a financial planner

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Let’s talk money mistakes. I went digging through a Quora thread with responses from financial planners to find the most common mistakes people make with their personal finances. I’ll explain each mistake, offer my perspective, and give solutions to help you avoid these financial issues.

You’ll learn the importance of investing early, how quickly and easily you can grow your net worth to $1,000,000, exactly how much you should have in an emergency fund by age and life situation, how inflation holds many back from retiring on time, and lots more. Let me know which of the 10 mistakes you need to work on most!

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πŸ“ RESOURCES
Quora Thread: https://www.quora.com/As-a-financial-advisor-what-is-the-most-common-mistake-you-see-people-making-with-their-personal-finances
Retirement calculator that accounts for inflation: https://www.bankrate.com/retirement/calculators/retirement-plan-calculator/
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Annual inflation calculator: https://www.in2013dollars.com/us/inflation/1985?amount=100

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⏱️ TIMESTAMP
0:00 Quora research
1:06 MISTAKE #1
2:49 MISTAKE #2
4:33 MISTAKE #3
5:57 MISTAKE #4
7:31 MISTAKE #5
9:07 MISTAKE #6
10:39 MISTAKE #7
12:36 MISTAKE #8
13:59 MISTAKE #9
14:50 MISTAKE #10
16:04 Like and subscribe!
16:27 Recap - which speaks to you most?

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