Why is personal finance so complicated? Even worse, the Internet is full of personal finance “experts” providing short-sighted, error-prone, and outright bad financial advice. Jesse Cramer has a knack for using everyday experiences to make personal finance accessible for the average investor. His extensive research coupled with skilled narrative makes personal finance actually enjoyable. By day, Jesse works for a fiduciary wealth management firm in Rochester, NY. By night, he runs The Best Interest - nominated in 2022 for "Personal Finance Blog of the Year.” The Best Interest simplifies personal finance and investing to make your life easier, smarter…and a little richer, too. Come invest in knowledge with The Best Interest.
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The 7 Sins of Investing | Jeremy Schneider aka Personal Finance Club - E70
Jeremy is the voice behind Personal Finance Club, a community of champions of the individual investor dedicated to bringing accessible financial education to all. The Personal Finance Club believes financial education improves lives and it should be taught in school. You might have seen Jeremy and Personal Finance Club on Instagram where he posts eye catching financial graphics to almost 600, 000 followers.
In this episode Jesse and Jeremy discuss the 7 Sins of Investing. These simple lessons will give you valuable insight into some habits to avoid, skills to develop, and knowledge to gain for your financial well-being.
Key Takeaways:
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Your home is a lifestyle choice, but it’s not an investment - more of a hard to upkeep asset.
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Why you should “rent your fun”, treat money as a tool, and other useful ways to approach finances.
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How humans evolved to be impressionable and how this has been co-opted by consumerism.
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Live below your means, and invest early and often.
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Learn Jeremy’s 7 Sins of Investing.
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Why you should just stand there and wait.
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Jeremy’s Nectarine: Advice-Only Financial Advising.
Mentions:
???? 7 Money Mistakes: https://bestinterest.blog/money-mistakes/
???? Why’d I Buy a Home With a 6.5% Mortgage?!: https://bestinterest.blog/buy-a-home-high-interest-mortgage/
???? Personal Finance Club: https://www.personalfinanceclub.com/
???????? Instagram: https://www.instagram.com/personalfinanceclub/
???? Nectarine: https://hellonectarine.com/
More of The Best Interest:
Check out the Best Interest Blog at bestinterest.blog
Contact me at jesse@bestinterest.blog
The Best Interest Podcast is a personal podcast meant for education and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.