Money Mistakes to Avoid on Your Financial Independence Journey

Here is the link.


#1 Not invest aggressively right after the college. Non-aggressive allocation, 50% bonds, 50% stocks
#2 Buying a new car - Brand new BMW, luxury, double mistake
No longer a brand new car - used car philosophy
#3 Not tracking expenses carefully
#4 Not having routine money meetings
#5 Not become financially literate sooner 4:55/6:13

Formal money meetings
topics of discussion:Financial goals

• Monthly budget
• Spending habits
• Financial accounts
• Kids' investments
• FIRE concepts... Financial independence, retire early

At least once a month