Money Lessons I learned THE HARD WAY | Buying a Car, Credit Card Traps and More

Learn from my mistakes!! In this video let’s discuss money mistakes I made that, while it didn’t break me, it definitely slowed down the process to financial freedom and my goals of retiring early and living the life I believe we are all made to live. Let’s discuss buying a brand new car vs a used car, credit card debt and how credit card companies will purposely set you up for a life of a debt slave through tempting offers, and the importance of having (and actually following) a budget. Too often people have a phobia of their bank accounts when the phobia really should be directed towards their spending addiction (don’t worry, I’m guilty of this too). I also discuss traveling and how what should be a nice way to relax and come back refreshed, if you spend your bill money... you might find yourself even more stressed out than you were leaving!! Do you all have any bad money lessons that you learned? Drop it in the comments below! Opt out of credit card offers here: https://www.consumer.ftc.gov/articles/0148-prescreened-credit-and-insurance-offers Instagram: @thecashcompass Business e-mail: thecashcompass@gmail.com My Youtube Set up: www.amazon.com/shop/thecashcompass *Please be sure to do your own due diligence before making ANY financial decisions. On my channel I share with you my research but please verify everything for yourself! I do not give investment advice, just share my thoughts any my choices!* *Some of the links on this page are affiliate links, meaning, I may earn a commission if you click through and make a purchase, at absolutely no cost to you. Affiliate commissions help keep my channel going so thanks for your support!*