The Way People Make Financial Mistakes

Money Wisdom

Financial planning is intricate and filled with potential pitfalls and mistakes that can have long-lasting impacts on your future. In the latest episode of the Money Wisdom podcast, Matt Pastor, RICP® breaks down the most common ways people make financial mistakes and provides valuable insights on how to avoid them.

Here’s some of what we discuss in this episode:

• People who don’t seek out help when they should have, especially for big financial decisions like pensions and Social Security.
• Examples of how listening to the wrong people can lead you astray.
• Don’t make decisions too quickly without thinking through the options and consequences.
• Procrastination and dragging your feet on decisions can be costly as well.

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