The 7 Sins of Investing | Jeremy Schneider aka Personal Finance Club - E70

Personal Finance for Long-Term Investors

  • Jan 28, 2024
  • 1:02:36
  • Full Episode

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: • Your home is a lifestyle choice, but it's not an investment - more of a hard to upkeep asset. • Why you should "rent your fun", treat money as a tool, and other useful ways to approach finances. • How humans evolved to be impressionable and how this has been co-opted by consumerism. • Live below your means, and invest early and often. • Learn Jeremy's 7 Sins of Investing. • Why you should just stand there and wait. • 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 (https://bestinterest.blog/)

Contact me at [email protected]

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.

Brief Summary

Jesse Kramer and Jeremy Schneider discuss personal finance, home ownership, investing mistakes, and the current housing market in this episode.

Key points

  • Welcome to the Best Interest Podcast. Join Jesse Kramer as he shares insights on personal finance and investing.
  • Interview with Jeremy Schneider. Jeremy Schneider, founder of Personal Finance Club, shares valuable financial insights.
  • Seven Money Mistakes. Jesse discusses his seven money mistakes and the lessons learned.
  • Creative Halloween Costumes. Jeremy shares his unique Halloween costumes, including a CVS receipt and a gas pump.
  • Two Essential Rules of Personal Finance. Jeremy breaks down the foundational rules for building wealth: live below your means and invest early.
  • Investing Early and Often. The importance of starting to invest early to build wealth over time is emphasized.

Episode highlights

Tension

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