208 - Common Financial Mistakes That Jeopardize Your Future

Are you making financial mistakes that could jeopardize your future? In this episode, Bob and Shawn uncover common pitfalls like overspending, relying on debt, and ignoring the importance of a solid financial plan. Some of these common financial mistakes can happen without a second thought, while others require more planning but can still catch the best of us off guard.

Being aware of these common financial mistakes is the first step in allowing you to better avoid and plan for the future. Join us as we explore how to align your finances with Biblical wisdom and secure your financial wellbeing.

*Christian Financial Perspectives Episode 208*

*VIDEO CHAPTERS*
00:00 - Introduction
02:19 - Buying depreciating items
03:49 - Using debt to purchase depreciating items
04:03 - Spending more than you earn
04:27 - Carrying a balance
04:44 - No emergency fund
05:32 - Waiting to save and invest
07:00 - Buying on impulse
07:46 - Chasing returns
09:16 - Financial conspiracy theories
10:28 - Financial advice from unqualified individuals
11:17 - Making large financial decisions
11:21 - Investing everything in one sector
13:07 - No holistic financial plan
13:48 - Withdrawing more than you should
16:07 - Self-investing
17:34 - Conclusion

_About Christian Financial Perspectives_
Christian Financial 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._