7 “Bad” Money Habits That May Actually Help You In The Long Run

Video Description

Use the code TFD100 to receive a $100 UNest credit which will cover your first four months of minimum investments (for one child): https://app.adjust.com/e26tp7i #UNestPartner In this video, Chelsea dives into the "bad" money decisions you've been warned about, and how they might actually help your finances in the long run. TIME STAMPS 00:03 Unest Ad 01:39 Editorial video begins "Responsible" money decisions video: https://www.youtube.com/watch?v=DI1hJJyYoRw&t=238s Investing vs. paying off debt: https://www.fidelity.com/learning-center/personal-finance/pay-down-debt-vs-invest https://studentloanhero.com/calculators/student-loan-payoff-vs-invest-calculator/ Spending on short-term wants: https://www.facebook.com/daveramsey/posts/if-youre-working-on-paying-off-debt-the-only-time-you-should-see-the-inside-of-a/10157026796590886/#:~:text=If%20you're%20working%20on%20paying%20off%20debt%2C%20the%20only,if%20you're%20working%20there https://rightasrain.uwmedicine.org/body/healthy-weight/diets-dont-work Holding more cash: https://www.kiplinger.com/investing/602852/yes-you-can-have-too-much-cash https://www.seattletimes.com/business/despite-inflation-its-a-good-time-to-increase-your-cash-stash/ https://www.investopedia.com/articles/markets/081515/how-inflation-and-unemployment-are-related.asp Earning over saving: https://due.com/blog/should-you-focus-on-earning-more-or-saving-more/ Using a credit card: https://www.ramseysolutions.com/banking/5-reasons-why-debit-is-better-than-credit https://geobreezetravel.com/ Missing out on investments: https://www.thebalance.com/should-you-pick-own-stocks-357324#:~:text=Higher%20investment%20risk%3A%20All%20investing,it%20affects%20your%20entire%20holding https://www.youtube.com/watch?v=COYqK7-OPT0&t=104s Personal loans: https://www.bankrate.com/loans/personal-loans/pros-cons-of-personal-loans/ https://money.usnews.com/loans/personal-loans/personal-loans-for-credit-card-refinance Join this channel to get access to perks: https://www.youtube.com/channel/UCSPYNpQ2fHv9HJ-q6MIMaPw/join The Financial Diet site: http://www.thefinancialdiet.com Facebook: https://www.facebook.com/thefinancialdiet Twitter: https://twitter.com/TFDiet Instagram: https://www.instagram.com/thefinancialdiet/?hl=en