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Planning Your Moonshot
Do you know what a moonshot is? In baseball, it's a homerun that is so big that it's almost unbelievable, for Elon Musk it's colonizing Mars, for us it's building a personal finance community on four pillars, growth, design, community, and transparency. What's your moonshot? Explore it with us and let us help lead the way through personal finance, business, and personal development conversations.
Planning Your Moonshot
Top 5 Personal Finance Mistakes
Today we're looking at the top 5 mistakes that people make when it comes to their personal finances. Have you made these mistakes before? If you have give a listen to learn why and how we can avoid these. If you haven't made these mistakes before listen to ensure you avoid these in the future.
Educational Topics:
Mistake #1: Excessive or luxurious spending
Mistake #2: Living off of debt
Mistake #3: Buying a new car
Mistake #4: Buying to much house
Mistake #5: Not investing in retirement
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Credits:
🧮 Calculators
https://www.calculator.net/
🚙 Car Edge Depreciation Calculator
https://caredge.com/depreciation
📈 Compounding Calculator
https://www.investor.gov/financial-tools-calculators/calculators/compound-interest-calculator
🛍️Consumer Financial Protection Bureau
https://www.consumerfinance.gov/about-us/blog/credit-card-interest-rate-margins-at-all-time-high/
Live, Owe, Grow, Give was created by Ron Blue
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Resources:
💸 Free Resources
🌔 Get Started on Your Moonshot Today!