Leave your feedback Share Copy URL https://gographicsoutput.com/video/CxB4nZo7J73.html Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter The Biggest Mistakes in Personal Finance [OcNa3wUDSev] Health Updated on August 07, 2026 EDT — Published on August 07, 2026 EDT In personal finance, it’s common for people to focus on things that they can’t control, like trying to pick a winning investment, while ignoring the things that they can control, like setting the right goals and making a solid long-term plan, often leading to mistakes. Some mistakes matter more than others, and the biggest mistakes can be the difference between living paycheque to paycheque for life and having a comfortable financial future. In this video I tell you about the biggest mistakes in personal finance, so that you can avoid them. I probably should have included not paying off high interest debt. Pay off your credit cards! ------------------ *Meet with PWL Capital* *Chapters* 0:00 Intro 0:35 Not earning enough money 2:20 Under-saving 4:20 Not setting financial goals 6:15 Over-spending (on the wrong things) 8:35 Not taking enough risk 10:38 Taking the wrong kind of risk 12:23 Missing tax planning opportunities 13:10 Ignoring estate planning 13:45 Marrying a financially incompatible spouse 14:38 Under-insuring catastrophic risks *References* *PWL Goals Survey Summary + Master List” *Avoid Online Scams I will never reach out to you on social media platforms or WhatsApp to give financial advice. These are scammers trying to commit fraud. *Check out the Rational Reminder Podcast* YouTube channel @rationalreminder Podcast website Rational Reminder community (forum) Apple Podcasts Spotify TDNTJuFD9T8 96pyFXN2zRu UInOKFZqRXQ gIwLaMjM8qQ p7NtAqN9ERc
In personal finance, it’s common for people to focus on things that they can’t control, like trying to pick a winning investment, while ignoring the things that they can control, like setting the right goals and making a solid long-term plan, often leading to mistakes. Some mistakes matter more than others, and the biggest mistakes can be the difference between living paycheque to paycheque for life and having a comfortable financial future. In this video I tell you about the biggest mistakes in personal finance, so that you can avoid them. I probably should have included not paying off high interest debt. Pay off your credit cards! ------------------ *Meet with PWL Capital* *Chapters* 0:00 Intro 0:35 Not earning enough money 2:20 Under-saving 4:20 Not setting financial goals 6:15 Over-spending (on the wrong things) 8:35 Not taking enough risk 10:38 Taking the wrong kind of risk 12:23 Missing tax planning opportunities 13:10 Ignoring estate planning 13:45 Marrying a financially incompatible spouse 14:38 Under-insuring catastrophic risks *References* *PWL Goals Survey Summary + Master List” *Avoid Online Scams I will never reach out to you on social media platforms or WhatsApp to give financial advice. These are scammers trying to commit fraud. *Check out the Rational Reminder Podcast* YouTube channel @rationalreminder Podcast website Rational Reminder community (forum) Apple Podcasts Spotify TDNTJuFD9T8 96pyFXN2zRu UInOKFZqRXQ gIwLaMjM8qQ p7NtAqN9ERc