10 WORST financial mistakes according to a financial planner |
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Letβs 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. Iβll explain each mistake, offer my perspective, and give solutions to help you avoid these financial issues.
Youβll 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! π¬ SUBSCRIBE To The Money Resolution: http://bit.ly/2P2h3BL π 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/ M1 Finance (earn $50!): https://dashboard.m1finance.com/d/referrals Pawp Emergency Pet Insurance: https://tidd.ly/3xyLjZw 20% off your first month with code RESOLUTION20 at checkout PetPlan Pet Insurance: https://www.pntrs.com/t/SENKR0hPTkxDSEpNTElIQ0dJTEhPSw Annual inflation calculator: https://www.in2013dollars.com/us/inflation/1985?amount=100 βοΈ WATCH NEXT M1 Finance - How to set up a Roth IRA: https://youtu.be/ez-htIYohs4 The Psychology of Money - This is why bad news is so seductive: https://youtu.be/vSwaQZjyeps π SHOP MY BOOKS The Money Resolution: https://amzn.to/3ixTyOp Money, You Can Hack It: https://amzn.to/2ZHFHwd π€ 10 FINANCE BOOKS I LOVE (affiliate): The 4-Hour Workweek: https://amzn.to/3vDxUOq Think and Grow Rich: https://amzn.to/3tKwSPn Rich Dad, Poor Dad: https://amzn.to/3dL5fBn The Automatic Millionaire: https://amzn.to/3egkOR2 Company of One: https://amzn.to/3to8sLn The Psychology of Money: https://amzn.to/3aJsppA The Simple Path To Wealth: https://amzn.to/37Ch20M Playing With FIRE: https://amzn.to/2MgfRg0 Your Money Or Your Life: https://amzn.to/37FUtZj The Richest Man In Babylon: https://amzn.to/3wnikY1 π MY COURSE Save Money Resolution: https://www.themoneyresolution.com/offers/6GoLybf9/checkout Preview the course free: https://www.themoneyresolution.com/offers/rF8K823R/ β FREEBIES Find all my free resources here: https://www.themoneyresolution.com/resources π· MY FILMING SETUP EQUIPMENT (affiliate) Canon M50: https://amzn.to/32NWKQs Rode VideoMic NTG Microphone: https://amzn.to/2Hes3uP Rode VideoMicro: https://amzn.to/3iVfy5l Joby GorillaPod Tripod: https://amzn.to/3eYXXXj Logitech MX Master 3 (mouse): https://amzn.to/39oQ90c Logitech MX Keys (keyboard): https://amzn.to/2ZVppBb Lights: https://amzn.to/3o33TnN β±οΈ 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? π± SOCIAL Website: https://www.themoneyresolution.com Instagram: https://www.instagram.com/themoneyresolution/ Twitter: https://www.twitter.com/moneyresolution Facebook: https://www.facebook.com/themoneyresolution π§ CONTACT Email: frankie@themoneyresolution.com Need a finance coach? Get in touch! https://www.themoneyresolution.com/coach π΅ MUSIC By Epidemic Sound. Try it for free for 30 days: https://www.epidemicsound.com/referral/xvvapu/ |