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The Personal Finance Podcast

9 Things That Are a Complete Waste Of Money (Be Careful!)

The Personal Finance Podcast

Andrew Giancola

Business, Investing, Entrepreneurship

4.71.4K Ratings

🗓️ 9 February 2026

⏱️ 61 minutes

🧾️ Download transcript

Summary

Join the community built to help you master your money, stay accountable, and reach financial freedom.  👉 Join Master Money Academy today! In this episode of The Personal Finance Podcast, Andrew reveals 9 complete wastes of money destroying wealth, from student loans and fast food to luxury cars, designer clothing, sports betting, and high-priced diamonds. Listen to The Business Show here. Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here! Partner Deals Indeed: Start hiring NOW with a SEVENTY-FIVE DOLLAR SPONSORED JOB CREDIT to upgrade your job post at http://Indeed.com/personalfinance Join the loyalty program for renters at joinbilt.com/PFP  Go to http://policygenius.com to get your free life insurance quote. Thanks to Fundrise for Sponsoring the show! Invest in real estate going to http://fundrise.com/pfp   Get 50% Off Monarch, the all-in-one financial tool at http://www.monarch.com/PFP  Find your next dream home, start searching now. Download the http://Realtor.com app today DeleteMe: Go to https://joindeleteme.com/PFP20/ and Use Promo Code PFP for 20% off!   Connect With Andrew on Social Media: Instagram TikTok Twitter Master Money Website Master Money Youtube Channel Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

On this episode of the Personal Finance Podcast, nine things that are a complete waste of money.

0:10.6

What's up, everybody, and welcome to the Personal Finance Podcast.

0:19.7

I'm your host, Andrew, founder of mastermoney.co. And today on the

0:23.8

personal finance podcast, we're going to be talking about nine things that I think are a complete

0:28.5

waste of money. If you guys have any questions, make sure you join the master money newsletter by going

0:33.4

to mastermoney.com slash newsletter. And don't forget to follow us on Spotify, Apple Podcast,

0:38.9

YouTube, or whatever podcast player, you love listening to this podcast on it. If you want to help out

0:44.0

the show, consider leaving a five-star rating and review on Apple Podcasts, Spotify, or your favorite

0:50.5

podcast player. Now today, we're going to be diving into nine things that are a complete

0:55.7

waste of money. And what you're going to notice from this list is this is a list of things that I have

1:00.9

purchased in the past and I have done this. I have experience in buying these different things. And for

1:06.2

most of these things on this list, a lot of them are going to come down to your money psychology.

1:12.6

This is going to be an area where maybe for years or decades, people have been telling you,

1:17.1

this is something you should buy, or this is something you should put your money towards,

1:20.8

or this is something you should strive for. But instead, a lot of this stuff I have felt

1:26.0

are not as worth it as maybe spending your money on other things.

1:30.8

And so you're going to see today that I'm going to talk through some of my experience with these different items or with these different things.

1:37.9

And so today, you're going to see me talking through some of my experience with these different areas.

1:42.6

And really, a lot of these can lead to a path that is less happy. Now, some of these are stigma. Some of these may challenge what you truly believe. And so this is something where, again, this is my opinion, but I'm going to give you the pros and cons to each and every single one of these things. And then we can dive in deeper. So I am pumped for this episode. I am excited to get

2:01.8

into it. So without further ado, let's get into it. So you just realized your business needed to

2:09.1

hire someone yesterday. So how do you find amazing candidates fast? It's easy. You just use Indeed.

2:14.9

When it comes to hiring, Indeed is all you need.

...

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