10 Worst Money Habits That Keep Canadians Poor

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Becoming wealthy is the result of everyday tiny habits. Make sure you don't have these bad money habits that keep you poor!

#livingincanada #personalfinance #livingincanada #finance

***DISCLAIMER: I am not a financial advisor, consultant, or real estate agent. This video is for entertainment purposes only and should not be considered as financial advice***

// Timestamps:
00:26 Poor Money Habit #1
01:36 Poor Money Habit #2
02:54 Poor Money Habit #3
04:40 Poor Money Habit #4
05:31 Poor Money Habit #5
07:00 Poor Money Habit #6
08:38 Poor Money Habit #7
09:31 Poor Money Habit #8
10:38 Poor Money Habit #9
11:21 Poor Money Habit #10

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*** DISCLAIMER ***
I am not a lawyer, not an immigration agent, and not a financial advisor or tax consultant. I'm just sharing my experience and knowledge in the hopes it can be useful to you. Please always do your own due diligence and research before deciding to purchase or sign up for any financial product or service!
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I wish I know about pay yourself first when I was in my 20s. Pay yourself first is how I am able to saved over $60k in the last couple years. I used to live paycheck to paycheck, now I have one year emergency fund, 401k, ROTH IRA and Brokerage account and no debt is the best feeling ever. Nowadays I always try to find a way to save and grow my investments. Great tips.

johnl
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People just don't have an emergency fund. I've been poor a lot when I was younger and disabled but I always had an emergency fund and have never had money stress. I just budget, live within my means, and always have an emergency fund so I'm ready for most issues. It boggles my mind how much people spend

laundrygoddess
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would love an excel tutorial on budgeting, tracking and recording goals, thanks!

dreamhop
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Sow a thought, reap an action; sow an action, reap a habit; sow a habit, reap a character; sow a character, reap a destiny. Two people can see the same thing, disagree, and yet both be right. It's not logical; it's psychological. It's not what happens to us, but our response to what happens to us that hurts us.― Stephen Covey, The 7 Habits of Highly Effective People

tekunji
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Hey loved your content really helpful
btw are you looking for video editor?

satanplayagain
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Its been a while Im listening to your thoughts, PLs do a basic or simple xcell breakdown of what you mentioned. TY . Kudos to everything you do.

WannabeMonkey
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Can people who make minimum wage, reach these money goals? Emergency funds, savings etc... ? It is so difficult for me :( Very stressful

richardyoo
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I know exactly where my money goes and what i need to do to be under busget and invest. However, how do you stop a spouse from ordering delivery and eating out every 3 days?

saifchowdhury
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Which of these habits do you see people doing the most? What messes with people's finances the worst? Let me know what you think!

LivinginCanada
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