The 7 Worst Money Trends (By AGE!)

The Personal Finance Podcast

Andrew Giancola

Business, Investing, Entrepreneurship

4.7 • 1.4K Ratings

🗓️ 22 December 2025

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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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 breaks down the seven worst money trends destroying wealth in every decade,from sports betting and Buy Now Pay Later debt in your 20s, to becoming house poor and delaying investing in your 30s, lifestyle inflation and ignoring tax planning in your 40s, and carrying debt into retirement in your 50s, revealing the data-backed mistakes sabotaging financial progress at every age. 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 Indeed.com/personalfinance Get 50% Off Monarch, the all-in-one financial tool at www.monarch.com/PFP Chime: Start your credit journey with Chime. Sign-up takes only two minutes and doesn’t affect your credit score. Get started at chime.com/ Policy Genius: Go to policygenius.com to get your free life insurance quote. Shopify: Shopify makes it so easy to sell. Sign up for a one-dollar-per-month trial period at shopify.com/pfp Wayfair: Shop outdoor furniture, grills, lawn games, and WAY more for WAY less DeleteMe: Go to https://joindeleteme.com/PFP20/ and Use Promo Code PFP for 20% off! Resources Mentioned Here is the Total Cost of Ownership Calculator Connect With Andrew on Social Media: Instagram TikTok Twitter Master Money Website Master Money Youtube Channel The Master Money Newsletter 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, the seven worst money trends by age.
0:10.3	What's up, everybody, and welcome to the Personal Finance Podcast. I'm your host, Andrew, founder of
0:20.3	Master Money.com. And today on the Personal Finance Podcast, we'm your host, Andrew, founder of MasterMoney.com. And today on the
0:22.8	personal finance podcast, we're going to be talking through the seven worst money trends by age.
0:28.0	If you guys have any questions, make sure you join the Master Money Newsletter by going to
0:31.8	mastermoney.com slash newsletter. And don't forget to follow us on Apple Podcasts, Spotify, YouTube, or whatever podcast
0:38.7	player, you love us into this podcast on it. If you want to help out the show, consider
0:42.9	leaving a five-star rating and review on Apple Podcasts, Spotify, or your favorite podcast player.
0:48.6	Now today, we're going to be diving into the seven worst money trends by age. And the goal of this
0:53.7	episode is for you to figure
0:55.1	out what you should be avoiding. There are a lot of money trends out there that are not good for
1:01.3	your long-term financial health. And we're going to dive into each and every single one. So we're
1:05.7	going to be going through the 20s, the 30s, the 40s and the 50s to talk through some of these
1:10.2	money trends that you must avoid.
1:13.5	And so I'm going to quit yap and we're going to dive right into this.
1:16.2	So without further ado, let's get into it.
1:20.5	Now, number one is sports gambling as a side hustle.
1:23.9	Now, I am seeing a rise in sports gambling across the entire country where I'm a big
1:29.1	sports fan. I love football. I love basketball. I love watching, you know, playoff baseball. I love
1:34.1	watching all sports. And so I will spend a lot of my Sundays watching football, watching my favorite
1:39.5	team, the Tampa Buccaneers. I'll spend Saturdays watching college football. I'll spend a lot of time watching sports. And I've been playing sports my entire life, and I have loved sports for my entire life. And so a lot of my friends also watch sports. And so a lot of people surrounding me are doing a lot more sports betting than maybe they should. And so I've seen the rise in sports vetting across the entire country and across specifically a lot of
2:02.4	young men who are out there spending a lot of their hard earned dollars on sports betting.
	...

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