In this podcast episode, Tom discusses the key principles for achieving financial success and the common pitfalls that lead to financial failure. He emphasizes the importance of tracking finances, having a solid financial plan, continuous learning, and making informed investment decisions. The conversation also highlights the dangers of short-term thinking and the strategic use of debt. By flipping the perspective on financial success, he encourages you to take actionable steps towards building your wealth.
Highlights
00:36 - The opposite approach to financial advice.
01:25 - Financial failure strategy: Not tracking finances.
02:58 - Importance of having a financial plan.
04:31 - Continuous learning in personal finance.
09:11 - The risk of relying solely on internet advice.
10:53 - The pitfalls of thinking short-term.
Episode Resources
Call to Action
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