9 Bad Money Habits Keeping You Poor (And In Debt)
- 🎬 Video
- ℹ️ Description
Got bad money habits? Feel like you're always broke, even though you get a regular salary? Or do you fall into the trap of always increasing your expenses along with increases in income? Don't worry, you're not alone.
In this video, I'm tackling what I think are the 9 most common bad money mistakes that keep people poor, in debt, or just in a state of not being able to manage finances.
Although this is by no means an exhaustive list, these are the basics that really help me keep my own finances in track, encourage good habits, and that I used before I ever became financially stable, or a millionaire.
0:00 - Introduction
0:23 - 1. Getting comfortable being in debt
1:13 - 2. Not paying yourself first
2:30 - 3. Not having a backup fund
3:57 - 4. Not clearly knowing your income or expenses
5:13 - 5. Paying too much tax
7:15 - 6. Having expensive past times or hobbies
8:21 - 7. Not investing when you should
10:27 - 8. Keeping the "dripping tap" on
11:43 - 9. Not caring about finances
12:45 - Bonus: Believing money (or people who have it) is evil
13:29 - Outro
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Sorelle and Leon.
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