The Money Podcast

The 6 Money Fails of the Broke (Avoid)


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6 money fails in 6 minutes! Listen in as Rob talks about the 6 money fails that make people broke, so you can learn what you need to avoid doing at all costs!

KEY TAKEAWAYS 

Get poor trying to look rich. Don’t get caught up in image, only spend what you can afford.
  • Spending more than you earn,
  • Not tracking spending or having a budget. Before you get paid, make a budget and stick to it!
  • Buying depreciating liabilities. Think about what you are buying and try and look at things that will actually gain value.
  • Emotions. Making money decisions when you are emotional is a big no-no.
  • Only saving and not investing. Savings should only be a safety net, past this point you want to invest and make this money work for you as well as protect it from inflation.
  •  

    BEST MOMENTS 

     “Keep it simple, never spend more than you earn”

    “Try and make your big financial decisions, all your decisions really, when you’re balanced, when you’re neutral, take some time to make you decisions”

    VALUABLE RESOURCES

    https://robmoore.com/

    bit.ly/Robsupporter

    https://robmoore.com/podbooks

    ABOUT THE HOST

    Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”

    “If you don't risk anything, you risk everything”

     

    CONTACT METHOD

    Rob’s official website: https://robmoore.com/

    Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs

    LinkedIn: https://uk.linkedin.com/in/robmoore1979

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    The Money PodcastBy Rob Moore

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