12 Biggest Mistakes High Income Earners Make

The Personal Finance Podcast

Andrew Giancola

Entrepreneurship, Investing, Business

4.6 • 1.2K Ratings

🗓️ 17 February 2025

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode of the Personal Finance Podcast, we're going to talk about the 12 biggest mistakes high income earners make. How Andrew Can Help You: Don't let another year pass by without making significant strides toward your dreams. "Master Your Money Goals" is your pathway to a future where your aspirations are not just wishes but realities. Enroll now and make this year count! Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here! Learn to invest by joining Index Fund Pro! This is Andrew’s course teaching you how to invest! Watch The Master Money Youtube Channel! , Ask Andrew a question on Instagram or TikTok. Learn how to get out of Debt by joining our Free Course Leave Feedback or Episode Requests here. Car buying Calculator here Thanks to Our Amazing Sponsors for supporting The Personal Finance Podcast. Shopify: Shopify makes it so easy to sell. Sign up for a one-dollar-per-month trial period at shopify.com/pfp Chime: Start your credit journey with Chime. Sign-up takes only two minutes and doesn’t affect your credit score. Get started at chime.com/ Thanks to Fundrise for Sponsoring the show! Invest in real estate going to fundrise.com/pfp Thanks to Policy Genius for Sponsoring the show! Go to policygenius.com to get your free life insurance quote. Go to joindeleteme.com/pfp20 for 20% off! Indeed: Start hiring NOW with a SEVENTY-FIVE DOLLAR SPONSORED JOB CREDIT to upgrade your job post at Indeed.com/personalfinance Go to Acorns.com/pfp and start automating your investments and get a $5 bonus today! Links Mentioned in This Episode: Trust and Will Join our free live masterclass teaching you how to Master Your Money Goals in 2025! Sign-Up Here How to Put Together a Bulletproof Investment Plan (Set it and forget it!) How to Master the Skill of Spending With Jen Smith Connect With Andrew on Social Media: Instagram TikTok Twitter Master Money Website Master Money Youtube Channel Free Guides: The Stairway to Wealth: The Order of Operations for your Money How to Negotiate Your Salary The 75 Day Money Challenge Get out Of Debt Fast Take the Money Personality Quiz Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Ready to launch your business? Get started with the commerce platform made for entrepreneurs.
0:04.8	Shopify is specially designed to help you start, run and grow your business with easy customizable themes that let you build your brand.
0:12.5	Marketing tools that get your products out there. Integrated shipping solutions that actually save you time.
0:17.5	From startups to scaleups, online, in person, and on the go.
0:22.0	Shopify is made for entrepreneurs like you.
0:24.5	Sign up for your $1 a month trial at Shopify.com slash setup.
0:30.0	On this episode of the Personal Finance podcast, the 12 biggest mistakes high-income earners make.
0:53.9	Music the 12 biggest mistakes high-income earners make. What's up, everybody, and welcome to the Personal Finance Podcast.
0:59.0	I'm your host, Andrew, founder of MasterMoney.com.
1:02.1	And today on the Personal Finance Podcast, we're going to be talking about the 12 biggest
1:06.7	mistakes that high-income earners make.
1:09.6	If you guys have any questions, make sure you join the
1:11.9	Master Money Newsletter by going to Mastermoney.com slash newsletter. And you can ask core questions
1:17.5	anytime those issues come out every single week. Don't forget to follow us on Spotify,
1:22.0	Apple Podcasts, YouTube, or whatever podcast player you love listening to this podcast on. And if you're getting value out of
1:28.7	this show, consider leaving a five-star rating and review on Apple Podcasts, Spotify, or your favorite
1:34.4	podcast player. Cannot thank you guys enough for leaving those five-star ratings and reviews. Now,
1:40.8	today, we're going to be talking about the 12 biggest mistakes that high income
1:44.8	earners make. And for a lot of high income earners, you've worked really, really hard to climb the
1:50.0	income ladder. And now that you're making great money, sometimes it doesn't feel like enough.
1:54.0	And I've talked to a lot of different high income earners who are still living paycheck to paycheck.
1:59.8	And nowadays, even six figures can be something where you
	...

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