A pay raise should be exciting... but for many people, it quietly becomes the reason they never get ahead financially. In this roundtable, we explore one of the biggest financial mistakes people make after earning more, why it happens so easily, and five money rules to follow so you can avoid falling into the same trap. If you've recently received a raise, expect one soon, or simply want to build lasting wealth, this conversation will help you make smarter financial decisions with every increase in income. All this and more in our latest episode!
00:00 Intro
01:01 Pay yourself first
03:32 Keep fixed costs low
05:14 One-upgrade rule
08:58 Needs vs wants
17:57 Focus on net worth
20:41 Missing out
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Here are a few more investing tips and tutorials to help you out:
💵 HOW TO INVEST IN DIVIDEND STOCKS
https://www.youtube.com/watch?v=AjpiAx3j8L0
🏢 HOW TO INVEST IN REITS
https://www.youtube.com/watch?v=qEzy7HFoEeA
🏖️ HOW TO GROW YOUR CPF FOR RETIREMENT
https://www.youtube.com/watch?v=bvZ3uH0FA0Q
📄 HOW TO READ A FINANCIAL REPORT
https://www.youtube.com/watch?v=m4WqlILejKs
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