The Biggest Mistakes in Personal Finance
Ben Felix
0:00 / 0:00
The Biggest Mistakes in Personal Finance
402 261 просмотр · 6 месяцев назад
Ben Felix
632 тыс. подписчиков
402 261 просмотр · 6 месяцев назад
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 https://pages.pwlcapital.com/en-ca/co...
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 https://zbib.org/f596ff3c9f984482990a...
*PWL Goals Survey Summary + Master List”
https://pwlcapital.com/wp-content/upl...
*Avoid Online Scams https://pwlcapital.com/stay-safe-online/
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 https://rationalreminder.ca/
Rational Reminder community (forum) https://community.rationalreminder.ca/
Apple Podcasts https://itunes.apple.com/ca/podcast/t...
Spotify https://open.spotify.com/show/6RHWTH9...