5 Common Money Mistakes That Keep You Stuck (And How to Fix Them!)

Описание: Many people struggle with money not because they don’t earn enough, but because they unknowingly fall into habits that keep them financially stuck. In this video, we uncover five of the most common money mistakes—like living paycheck to paycheck, neglecting an emergency fund, and delaying investing—and show you practical ways to fix them.

Whether you're just starting your financial journey or looking to sharpen your money habits, this video will give you clear, actionable steps to take control of your finances, reduce stress, and build long-term financial stability.

We’ll walk through:

The paycheck-to-paycheck trap and how to escape it
Why you need an emergency fund and how to build one
Common credit card pitfalls and how to use credit wisely
The power of early investing and compound interest
How to create a realistic, goal-driven financial plan
Resources and sources cited are listed at the end of the video so you can explore each topic further.

If you’re ready to stop feeling stuck and start making smarter money decisions, this video is for you.

Subscribe for more practical, mindset-shifting videos every week. Thank you for watching—Lord willing, see you in the next one.

Soli Deo Gloria! (Glory be to God!)


Sources:
Sources Cited (MLA Format):
1. Bogle, John C. The Little Book of Common Sense Investing. Wiley, 2017.
2. Consumer Financial Protection Bureau. How to Set and Reach Your Financial Goals. www.consumerfinance.gov, 2022. Accessed 17 Mar. 2025.
3. Dave Ramsey. The Total Money Makeover: A Proven Plan for Financial Fitness. Thomas Nelson, 2003.
4. Dweck, Carol S. Mindset: The New Psychology of Success. Ballantine Books, 2006.
5. Federal Reserve Board. Economic Well-Being of U.S. Households in 2022. www.federalreserve.gov, May 2023. Accessed 17 Mar. 2025.
6. Federal Reserve Board. Survey of Consumer Finances. www.federalreserve.gov, 2020.
7. Housel, Morgan. The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness. Harriman House, 2020.
8. Kahneman, Daniel. Thinking, Fast and Slow. Farrar, Straus and Giroux, 2011.
9. LendingClub. Paycheck-to-Paycheck Report. www.lendingclub.com, 2023. Accessed 17 Mar. 2025.
10. Matthews, Gail. “Goal Research Summary.” Dominican University of California, 2015.
11. NerdWallet. Credit Card Interest Calculator. www.nerdwallet.com, 2023. Accessed 17 Mar. 2025.
12. Ramsey Solutions. Baby Step 1: Save $1,000 for Your Starter Emergency Fund. Ramsey Solutions, 2023, www.ramseysolutions.com/dave-ramsey-7-baby-steps/baby-step-1.
13. Stanley, Thomas J., and William D. Danko. The Millionaire Next Door: The Surprising Secrets of America’s Wealthy. Longstreet Press, 1996.
14. U.S. Securities and Exchange Commission. Compound Interest Calculator. www.investor.gov, 2023. Accessed 17 Mar. 2025.
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