meta_pixel
Tapesearch Logo
Log in
Optimal Finance Daily - Financial Independence and Money Advice

748: 6 Financial Mistakes Young People Make by Michael Yardney with Money Mini Blog on Spending Advice

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.51.3K Ratings

🗓️ 9 January 2019

⏱️ 8 minutes

🧾️ Download transcript

Summary

Michael Yardney with Money Mini Blog shares 6 financial mistakes young people make. Episode 748: 6 Financial Mistakes Young People Make by Michael Yardney with Money Mini Blog on Spending Advice Kalen Bruce is the founder of MoneyMiniBlog. His story is simple… he and his wife were $24,000 in debt and became a student of finances to get out. They are now debt-free and building wealth. Kalen shares everything he has learned on his blog, writing informative, entertaining, mini blogs to help you with your finances. Finances can be intimidating, so he keeps his posts short, sweet, and simple. The original post is located here: http://moneyminiblog.com/money-mistakes/young-people/ Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

This episode is brought to you by Pepsi Max. Christmas is great, but there's loads of ways to make it better.

0:08.0

Like sneaking some chili into the gravy for some extra oint, or building a playlist that will even get your

0:14.8

none up on the table or just cracking open an ice cold Pepsi Max.

0:20.1

Christmas.

0:23.0

Better with Pepsi Max.

0:27.0

Make Match days easy with Google Pay.

0:29.0

Running late for kickoff,

0:31.0

tap in and speed through. Say look at the merch store,

0:34.0

unlock and tap to pay securely. Fast, safe, simple. Match days made easy with

0:40.0

Google Pay. Add a card to your Google wallet.

0:42.6

This is optimal finance daily episode 748, six financial mistakes young people make by Michael

0:49.4

Yardney with Money Six financial mistakes young people make by Michael Yardney with Money Minnie blog.com.

1:07.0

When we're young we do all sorts of silly things.

1:10.0

We don't think too far in advance, are susceptible to pressure from friends and like to push boundaries

1:15.7

In most cases this is all pretty harmless stuff and it's something that most people grow out of

1:20.4

Yet the financial mistakes we make in this period can set us back for many

1:24.3

years to come. I am a big fan of teaching children and young adults about financial

1:29.0

literacy so they can set themselves up for the future. True, young people often don't earn a lot of money,

1:34.6

but they also have minimal expenses

1:36.4

and the habits they establish at this stage of their life

1:39.0

can make a big difference down the track.

1:41.3

So let's look at some common traps young people fall into and how to avoid

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Optimal Living Daily LLC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Optimal Living Daily LLC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.