Financial Advice For Your Twenties- Episode 214




The Prosperity Podcast show

Summary: The way you do finances may not be the same way your parents did it. Let best-selling author and financial planner Kim Butler and No B.S. Money Guy Todd Strobel tell you the top ten tricks to financial prosperity in today’s world.<br> <br> Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at hello@partners4prosperity.com and we may answer it in an upcoming episode.<br> <br> Links in this Episode:<br> Submit your questions: hello@partners4prosperity.com <br> eBook: Financial Planning Has Failed<br> <br> Show Notes:<br> 00:00 Intro<br> 00:35 Article: “Ten Pieces of Financial Advice I Wish I Knew In My Twenties”<br> 01:16 Financial memory is 7 years<br> 01:30 1. Report your rent to the credit bureau (as the renter)<br> 02:43 2. Learn how to use a credit card the right way<br> 04:29 3. Don’t inquire unless you know for sure<br> 05:40 4. Build your credit<br> 07:23 5. You don’t have to be rich to invest<br> 09:04 6. Save enough for rainy days<br> 09:40 Saving creates peace of mind<br> 11:10 7. Hold off on buying a car<br> 13:23 8. Beware of predatory lending<br> 14:59 9. Stop spending money on socializing<br> 16:16 Listener gift: Financial Planning Has Failed<br> 17:01 10. Harder to get out of a hole than in it<br>