196 - Foolish Financial Mistakes to Avoid (Part 2)

Want to avoid money regrets and costly financial errors? Eager to learn common pitfalls that trip up even seasoned investors? Well, in this episode of our 2 part series on “Foolish Financial Mistakes”, Bob and Shawn cover 10 more financial mistakes to steer clear of that can cost you dearly.

Instead of blaming others for financial mistakes, they emphasize using wisdom and taking responsibility for one's financial decisions. It’s important to seek out professional financial advice from a fiduciary based advisor who has your best interests in mind. As always, please share this content with anyone who you think may benefit from it!

*Christian Financial Perspectives Episode 196*

VIDEO CHAPTERS
0:00 Intro
02:36 Blaming someone else for your financial mistakes
04:37 Investing all your money in one asset class
05:05 Allowing others to influence you into making financial decisions
06:54 Procrastination
07:42 Spontaneous emotional spending
08:50 Using a credit card for everyday purchases
10:52 Buying insurance on price, not coverage
13:08 Not having an estate plan
14:12 Not monitoring your bank accounts
14:40 Not having a financial plan and keeping it update
14:55 Second biggest mistake overview
15:53 Conclusion

PART 1: https://youtu.be/9Gjnb4R_GbA

_About Christian Financial Perspectives_
Christian F
inancial Perspectives covers everything from “Investing in stocks, mutual funds and ETF’s” to “Planning for Retirement” to “Buying Investment Real Estate” to “Creating a Family Legacy” from a Biblical Worldview. The Bible has over 2000 scriptures that speak wisdom into how Christians can successfully structure their finances for a victorious life that honors God. Most people do not realize that Jesus spoke more about stewardship than Heaven and Hell combined.

_About Christian Financial Advisors®_
Christian Financial Advisors® is headquartered in Central Texas and serves clients nationwide with offices in New Braunfels and Boerne, Texas. Our focus is guiding you toward your financial goals by integrating values based advice into financial planning, retirement planning and investment management.

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_* Investment advisory services offered through Christian Investment Advisors Inc dba Christian Financial Advisors, a registered investment advisor registered with the SEC. Registration as an investment advisor does not imply a certain level of skill or training. Comments from today’s show are for informational purposes only and not to be considered investment advice or recommendations to buy or sell any company that may have been mentioned or discussed. The opinions expressed are solely those of the hosts, Bob Barber and Shawn Peters, and their guests. Bob and Shawn do not provide tax advice and encourage you to seek guidance from a tax professional. While Christian Financial Advisors believes the information to be accurate and reliable, we do not claim or have responsibility for its completeness, accuracy, or reliability._