9 "Responsible" Decisions That Secretly Waste Your Money

Video Description

Want a crash course on investing, wealth-building, and leveling up your finances? Join us for our all-day, interactive conference, The Intentional Wealth Summit, on November 12th. (If you can't join live, you'll get access to everything to watch at your own pace.) You'll also get access to our free Wealth Building Prep Class, and our YouTube audience gets an exclusive $19 discount on the tickets. Click https://www.eventbrite.com/e/the-intentional-wealth-summit-tickets-178073993107?discount=YOUTUBEVIP to reserve your spot today! In this episode, Chelsea talks about the bad money habits that can get you into trouble — because you think they're going to *help* you save money. Always take money advice with a grain of salt, and make sure you're making the best decisions for your actual life. Learn more about getting started with Credit repair.com today, no matter where you stand with your credit score: https://www.creditrepair.com/?tid=17191 Savings accounts regulations: https://www.nerdwallet.com/blog/banking/how-regulation-d-affects-your-savings-withdrawals/ Average American food waste: http://journals.plos.org/plosone/article?id=10.1371/journal.pone.0195405 Bulk food shopping study: http://journals.ama.org/doi/10.1509/jmr.16.0235?code=amma-site VICE article on bulk food costs: https://www.vice.com/en_us/article/vbj3wm/dont-buy-food-in-bulk Metrocard pricing: http://web.mta.info/metrocard/mcgtreng.htm#unlimited SimpleDollar article on credit cards: https://www.thesimpledollar.com/credit-cards/blog/how-to-use-credit-cards-to-your-advantage/ Compound interest calculator: https://www.investor.gov/additional-resources/free-financial-planning-tools/compound-interest-calculator Credit score myth: https://www.cnbc.com/2019/05/28/dont-fall-for-this-common-credit-score-myth.html Seattle home prices: https://www.seattletimes.com/seattle-news/data/how-much-easier-was-it-for-baby-boomers-to-buy-a-home-in-seattle-lets-a Watch more of The Financial Diet hosted by Chelsea Fagan here: https://www.youtube.com/playlist?list=PLD30V46E07RR99cC0gCjKUbt-BKoDUcnc 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