5 COMMON MONEY MISTAKES TO AVOID - You don’t have to be rich to be smart with your money.

20/02/2022 39 min Temporada 1 Episodio 51
5 COMMON MONEY MISTAKES TO AVOID - You don’t have to be rich to be smart with your money.

Listen "5 COMMON MONEY MISTAKES TO AVOID - You don’t have to be rich to be smart with your money."

Episode Synopsis

Send us a textMost people make money mistakes in their lifetimes. While making money mistakes is not the end of the world, it can be a costly and unpleasant learning experience. My special guest Eric Dudley and I are talking about five common mistakes people make with their finances and how to prevent them.  Here are some HIGHLIGHTS from this episode. 04:31 Student loan debt – a growing problem05:42 Student loan debt – a heavy burden to carry08:16 Student loan debt default rate09:25 Auto loan debt11:01 Auto loan debt explained13:34 In the matter of investing, start early14:52 The downside of starting to invest late 18:44 The magic of compounding interest21:16 Stuck in a rut22:04 Make hay while the sun is shinning27:01 Too much house – a financial concern29:19 How much should you put down when buying a house?33:06 Make the relevant career choice before securing a student loan34:50 Career plateau: Nine warning signals36:11 Too much house – Here is the solution   Support the showConnect with me:Instagram: https://www.instagram.com/the_financiologist_mjcaesar/Facebook: https://www.facebook.com/merginglifeandmoneyYouTube: https://www.youtube.com/channel/UCDOmx_ThReq0hAC3acvMQ9gTwitter: https://www.twitter.com/https://twitter.com/mariejocaesarLinkedIn: https://www.linkedin.com/in/mjcaesarClick this link https://mariejocaesar.com/fp-quiz to take the "What's Your Financial Personality Type” Quiz, so you can transform your financial identity and create Financial Freedom. Click this link: https://mariejocaesar.com/consult to book a FREE consultation now! Let's map out your path to financial wellness together. Your future self will thank you.

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