5 Mistakes that Prevent You from Achieving Financial Independence

I’m always on the hunt for relevant info and I loved this - one of the best articles I’ve seen on this topic for a while. Here are a few paragraphs as a taster... 

MISTAKE #1: LIVING BEYOND YOUR MEANS

Most people live beyond their means. Right after graduation, we want to enjoy the sweet life of buying the things that were out of reach during our studies – maybe our first five star hotel holiday – while we still have student loans to pay off. We win one great client and we buy a fancy car.

MISTAKE #2: PUTTING ALL YOUR EGGS IN ONE BASKET

Your financial advisor will tell you to diversify. Listen to him. Nobody expected the oil price to fall from a peak of USD145 in 2008 to below USD30 in the past year. Nobody expected Enron to go belly-up. However, those who had all their eggs in either of these baskets have suffered.

Pretty valuable stuff, I’m sure you’ll agree! Why not check out the whole article here and share your thoughts with me afterwards: call (0467) 749-378 or email me at [email protected].

Thanks,

Robert