15 Mistakes Beginners Make When Trying to Build Wealth

"Most people’s financial health is at an all-time low right now.
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00:00 - Intro
00:45 - They think it’s all about cutting costs and saving
01:59 - They ignore their bank balance when they’re stressed
02:57 - They start off with too many goals
04:00 - They sacrifice things that make them happyin the name of saving
04:55 - They compromise on quality to avoid spending more
05:53 - They only make money from their main job
06:45 - They put pressure on themselves with a short timeline
07:48 - They underestimate daily miscellaneous expenses
09:07 - They think they’ve failed when they blow their budget
10:23 - They don’t realise that impulsivity is one of the main enemies of wealth-building
11:47 -- Making wealth-building a side focus instead of a core one
12:41 - Expecting other people to understand their motivations
13:30 - Not doing proper research into their investments
14:05 - They don’t have a strong enough “why”
14:37 - Telling themselves that they’ll start tomorrow

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