7 Financial Mistakes You Need to Avoid

Learn the 7 Financial sins which in this video we will go over what not to do with money, how to be better with money, why poor people are poor, and at how there are things rich people do that you can implement into your life.

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DISCLAIMER: All information and data on this video are for informational purposes only. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

MUSIC

[Wynneth]

0:48 not developing a financial IQ 
2:07 investing into liabilities instead of assets 
4:21 believing you can just save your way to wealth 
5:20 being unaware of the cashflow quadrant 
6:44 never using failures as stepping stones 
7:35 using all your free time for entertainment 
8:53 being afraid of hard work and never taking risks

[oliverli]

8th sin, accepting others' opinions easily in the financial market

[Jonas-ueep]

Self-development is huge, considering most people spend the majority of their waking time scrolling through their Facebook/Instagram, then wonder why they're broke.

[TheCoolbulldog]

Definitely one of the best financial content I’ve ever seen. Not only do you you tell great advice about learning and reading, but you also recommend books, something I’ve been looking for as I’m starting to educate myself on financial literacy. Hope your channel grows. Great content 👍🏽

[yaminc]

Before you break down, failure is the pillar of success so KEEP GOING.

[ArturoCabello]

Hey!

I gotta say I love your animation! I can definitely tell that a lot of work went into this video! Simply amazing! 👏🏽

[carloreneeventura]

what's the difference between reading a book and watching a YouTube video about the same topic?

[merit]

The Best Nr. 1 Advice when trying to become rich, famous, influential or rapidly promote your quality of life is - not caring about what others want to see you doing and tell you to do and rather relying on your own instinct and intelligence that is based on your years of experience and observation of the world in way as it really is rather than what lies they have been telling you to practice.

[isaacmwale]

Thanks so much chronicle living you have changed my life so much. I had such bad spending habits and you have helped open my mind. Thanks so much may the Lord bless you and your work.

[tinnguyen]

Thank you s much sharing this useful data! Greatly appreciated.

[InvestingBookSummaries]

Superb video! It's so important to learn about money, like watching videos like these or reading investing books!

[TheRumblestripes]

Wow! Truly on of the best videos ever seen on YouTube. The quality of subject is superb. Awesome voice and editing. Congratulations

[PracticalInspiration]

Great video, the points on reading is completely true. I've been reading more lately and I'm seeing a lot come out of it.

[blisswkc]

Thank You so much dearest 💐
You’re such an inspiration 🥰
Be Blissful Eternally 🙏😇

[andreioprisan]

Thanks a lot for putting this togheter

[DK-ullo]

Great content fam keep up the good work ♥️

[sam]

This is a video that's really deserve to smash like button

[zenlegacy]

thanks a lot this is seriously valuable info to help learn how to start this new chapter on my life with a good foundation 👍

[beprimo]

essential financial advice! Max and I couldn't agree more (I especially love the point about reading ^_^). Also love your animation, it's so cute!

[AnnetteKalfon]

Right to the point. Your videos are amazing. Did you consider making a video like this teaching what we need to know step by step instead of referring us to another resource? Teach us what you know.