BiggerPockets Money7 Loka 2019

93: Financial Mistakes and How to Avoid Them with Scott & Mindy

Financial mistakes can have a HUGE impact on your future retirement savings - the opportunity costs can be enormous!

In this episode, Scott and Mindy discuss some of the biggest mistakes you can make financially, and ways to avoid them so you can give yourself the highest potential for financial independence.

Mindy and Scott move past previously discussed mistakes such as housing and transportation, and dive deep into relationship money mistakes, travel, spending, retirement planning and tax issues that can cost you tens of thousands of dollars in your retirement accounts.

Scott and Mindy shed light on some of the “low-hanging fruit” money missteps as well as touching on spending and lack-of-planning issues that can have an even larger impact on your financial future.

This episode truly is for anyone who has money AND wants to have more.

In This Episode We Cover:

What house hacking is
On buying a car
Challenges that come up in relationships
What to buy on engagement rings
Concept to apply on weddings
On having kids and pets
The importance of being on the same team in your relationship
Ways to save money on travel
Travel hacking
Tax Mistakes
The right time to talk to a CPA
Talking about retirement accounts
Withdrawing money early inappropriately
Not understanding fees
Not taking the match
Track and analyzing your spending
Signs that you have miscellaneous spending problem
On investing

Links:

Connect with Scott and Mindy:

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