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
4.5 • 1.3K Ratings
🗓️ 9 January 2019
⏱️ 8 minutes
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| 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. |
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| 0:20.1 | Christmas. |
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| 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 |
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