Feb 28 2024 25 mins
This episode might be a bit counterintuitive. We’re going to question the real impact of common financial habits. Are the strategies you consider beneficial actually working in your favor? We explore the pros and cons of practices like ignoring account statements and strict budgeting.
Join us for a practical discussion, as we uncover the unexpected effects of everyday money decisions. Are your good money habits holding you back?
Here’s some of what we discuss in this episode:
- Ignoring account statements keeps you from overreacting but what are you missing by doing that too much?
- Staying on a strict budget will help you achieve financial goals but it can become overly restrictive.
- Investing in what you know is a good strategy, but it might lead a lack of diversification.
- Automation makes investing and saving simple but it could lead to disengagement.
- Is there a downside to paying off all your debt?
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