Everyone Gets This Wrong About Building Wealth
Can you really get rich by cutting costs? Is the 4% rule right for everyone? What are the biggest mistakes we make when it comes to tax? Chris Bourne has worked in the finance industry for over 20 years and is a personal finance Youtuber.
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Disclaimer:
This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.
Chapters:
00:00-00:43 - Intro
00:43-06:47 - Cognitive bias in investing
06:47-11:28 - The greatest risk for younger generations
11:28-11:25 - Hostinger ad
11:25-14:41 - You don’t need to be perfect
14:41-20:43 - The biggest misconceptions about building wealth
20:43-23:32 - Financial planning
23:32-24:21 - Want to work with me?
24:21-26:30 Focus on creating wealth
26:30-30:37 - When and what to plan for
30:37-38:32 - Common tax mistakes
38:32-42:15 - Using your tax allowance in retirement
42:15-45:35 - Pension or ISA?
45:35-46:02 - Outro