In this episode I’m going to cover some of the common costly personal finance mistakes people are making. Let’s go over them so you don’t carry these horrible habits and beliefs into 2018.
Find out if it’s a mistake to:
- use a credit card as an emergency fund
- have a 401(k) as your retirement plan
- use your home equity
- use credit when you have a high credit score
- talk to your children about money
- and 14 more
Disclaimer: Some of the links below are affiliate links. This means that if you decide the item will help you and buy it, I will earn a commission. There is no additional charge to you. However, I would never recommend anything to you that I wouldn’t use myself or wouldn’t recommend to my own family. I only recommend things that I believe will be helpful and useful. Do not buy anything unless you believe it will help you achieve your goals.
Credit Sesame – monitor your credit score and credit report
Mint – budgeting and budgeting monitoring software and app
Digit, that allows you to save without thinking about it.
Rize allows you to save for more than one goal automatically.
Qapital allows you to set savings goals for specific things and save automatically. You set up rules for how you would like to save.
Financial Planning Roadmap – 12 month financial planner that includes budgeting, budget analysis sheets, side hustle analysis sheets and more. It’s 8.5 x 11 inches and 194 pages.
WISE Financial Fitness™ uses a unique algorithm to assess your financial status and give you the resources and information to build a legacy of wealth.
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