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The 7 Biggest Financial Mistakes Most People Make (What I’ve Learned After 25 Years of Coaching)

Nov 4, 2024 | Podcasts, Wealth Coffee Chats

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In this episode of Wealth Coffee Chats, Jason Whitton sits us down and walks us through the 7 financial mistakes that most people will make in their lifetime. After 25 years in the business of property investing and coaching, what do you think they could be? Let’s Wealth Coffee Chat!

00:00 – Introduction.
02:07 – Show starts – Jason’s life story and how the GFC wiped him out.
07:40 – A lack of understanding debt.
09:48 – Australia’s tax system is critical to get right.
12:37 – Most people don’t really understand Superannuation.
14:00 – Your PPR is critical to making so many important investment decisions.
18:55 – Do you have a financial plan? How many of us have thought about our future and retirement?
20:31 – You cannot afford to not invest. You cannot save yourself wealthy.
22:13 – Never, ever get divorced. You can’t afford it.
25:12 – Conclusion – Invest in your relationships and your health.

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