Financial Mistakes We’ve Made | MHFI 165

Doug and Carl talk to Kyle Landis-Marinello about the (mostly financial) mistakes each of them have made.

• Kyle recounts an interview gone bad and learning about personal finance/financial independence late in life
• Carl’s scarcity mindset, not spending enough, not taking much time off, and selling Apple stock to fund a real estate purchase
• Doug describes a house purchase and subsequent foreclosure
• Other mistakes: Miscalculating student loan repayments, stopping contributions to retirement accounts in down markets, analysis paralysis

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Links

• Kyle on MHFI Episode 76
• Kyle’s website
• Kyle’s book: Personal Finance and Investing
• Doug’s site
• Carl’s blog: 1500 Days

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**Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.**

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1500 Days, Carl’s Blog about Early Retirement

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0:00 Introduction

2:37 Reintroduction to Kyle Landis-Marinello

9:08 Kyle’s mistake #1 – Faulty pants

14:13 Kyle’s mistake #2 – Learning about money late

21:06 Carl’s mistake #1 – Not spending

25:33 Carl’s mistake #2 – Selling Apple

29:56 Doug’s mistake – Buying a house

43:12 Kyle’s mistake #3 – Student loans

47:29 Other mistakes

53:10 Soundcheck – Fashion Advice