The Biggest Mistakes in Personal Finance [tyR0MHTKd1B]
In personal finance, it’s common for people to focus on things that they can’t control, like trying to pick a winning investment, while ignoring the things that they can control, like setting the right goals and making a solid long-term plan, often leading to mistakes. Some mistakes matter more than others, and the biggest mistakes can be the difference between living paycheque to paycheque for life and having a comfortable financial future. In this video I tell you about the biggest mistakes in personal finance, so that you can avoid them. I probably should have included not paying off high interest debt. Pay off your credit cards! ------------------ *Meet with PWL Capital* *Chapters* 0:00 Intro 0:35 Not earning enough money 2:20 Under-saving 4:20 Not setting financial goals 6:15 Over-spending (on the wrong things) 8:35 Not taking enough risk 10:38 Taking the wrong kind of risk 12:23 Missing tax planning opportunities 13:10 Ignoring estate planning 13:45 Marrying a financially incompatible spouse 14:38 Under-insuring catastrophic risks *References* *PWL Goals Survey Summary + Master List” *Avoid Online Scams I will never reach out to you on social media platforms or WhatsApp to give financial advice. These are scammers trying to commit fraud. *Check out the Rational Reminder Podcast* YouTube channel @rationalreminder Podcast website Rational Reminder community (forum) Apple Podcasts Spotify