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8 Spending Habits That Keep You Poor | Retirement Goals

Retirement Travelers
Retirement Travelers
🥈Expert
👁️ 48K views📅 3 years ago⏱️ 14:33
What This Creator Said
Creator RecommendsTips & Advice🥈Expert Creator
Veteran Cruiser

Source: Our analysis of the creator's lived experience, based on what they said in this video.

Creator's Key Takeaways

we are kind of experts in this category because we have made every one of these and we don't want the same for you

the happiest day is when you buy one and the next happiest day is when you sell one

we had a great time and no big issues

if you can be debt free by age 45 and that includes a mortgage and everything that you can spend those final working years to really save for retirement

Creator's Tips & Advice

Avoid buying expensive toys you rarely use
Buy a house that fits your needs, not your lifestyle creep
Encourage adult children to be financially independent
Avoid second homes that double your costs
Consider moving to a low or no income tax state
Buy used cars and maintain them well

Questions This Creator Answers

QHow can I avoid mistakes that crush my retirement savings?
QWhat are common spending habits that keep people poor in retirement?
YouTube Video Description

https://www.retirementtravelers.com If you want to know how NOT to retire early, continue with these 8 money spending habits that keep you poor in retirement! Early retirement is possible, but it does take some discipline during your working years to maintain your retirement savings and retirement planning goals. We speak from experience, because we made each of these mistakes at some point during our adult lives. In today’s video, we hope to give you insights for your financial independence early retirement journey as we list 8 common money spending mistakes that people make that can add up to a million dollar retirement mistake. We believe you will find these applicable whether you are in your 20’s or in your 50’s towards debt free living, saving for retirement and how to retire early. We explore topics around buying expensive toys, purchasing too much house, having a vacation home, buying expensive cars, and other wasteful spending habits that hurt your ability for debt free living in retirement. We show you how added together, over a long period of time, these person finance mistakes can add up to over a million dollars in potential retirement savings. We hope you enjoyed this list of money habits to break to help you save for retirement. Be sure to watch our other retirement how-to videos, along with our retirement travel videos, as we travel the world on a retirement adventure of a lifetime. Vlog #99 Link to our retirement planning professionals: https://www.ursadvisory.com ⭐️ Links for the best travel gear and products we love! ⭐️ Thank you for supporting us by purchasing from these links! We earn a commission when you do, and it helps us continue to create great content. 😎 John’s Backpack https://amzn.to/3INBvB5 Bev’s Backpack https://amzn.to/3o9VLmV Day Pack https://amzn.to/3IRdDN1 Fanny Pack https://amzn.to/3z9YhQC Compression Packing Cubes https://amzn.to/3zbI4Ku Toiletry Bag https://amzn.to/3AXb1vg Dry Sack https://amzn.to/3AXaTfg Shopping Bags https://amzn.to/3Pd1Hr7 Laundry Detergent https://amzn.to/3uVwaSu Travel Adapter https://amzn.to/3AWtW9u Power Strip https://amzn.to/3aJYSPr John’s Shorts https://amzn.to/3aMilPC John’s Running Tank https://amzn.to/3AUwox0 John’s Running Shoe https://amzn.to/3Pd3RXS John’s Slip on Shoe https://glnk.io/v3p7/retirement-travelers John’s Socks https://amzn.to/3IHAv1w John’s Travel Underwear https://amzn.to/3uW8ttj John’s Wallet https://amzn.to/3PtTUoG Bev’s Travel Shoes https://glnk.io/v3p7/retirement-travelers Bev’s Flats https://fxo.co/1195173/RTravelers Bev’s Underwear https://amzn.to/3oeF2Pi Bev’s Socks https://amzn.to/3Pd49Os Bev’s Wallet https://amzn.to/3IIdtHI John’s Camera https://amzn.to/3o6SPrh John’s Zoom Lens https://amzn.to/3Pd3aO9 Bev’s Camera https://amzn.to/3za9Siq Bev’s Vlogging Lens https://amzn.to/3aJY39j Action Camera https://amzn.to/3AWI8iw 360 Camera https://amzn.to/3o6DYNJ Gimbal Camera https://amzn.to/3PDPImB Drone https://amzn.to/3aRwgDQ Bev’s Selfie Stick https://amzn.to/3aFAui9 Tripod https://amzn.to/3zdfIQn Microphone https://amzn.to/3yKWJuL Headphones https://amzn.to/3PQDEyv Editing Computer https://amzn.to/3yPXDpM Allbirds https://shop.allbirds.com/v3p7/retirement-travelers #retirement #retirementplanning #retirementgoals #retirementtravelers #retirementlife #retirementinvesting #retirementincome #retiredlifestyle #retirementtravel #howtoretireearly #howtoretire Get Social with Us!!! Subscribe on YouTube at https:/www.YouTube.com/RetirementTravelers Follow us on Instagram at https://www.Instagram.com/RetirementTravelers Like us on Facebook at https://www.Facebook.com/RetirementTravelers Connect with us on LinkedIn at https://www.LinkedIn.com/company/retirement-travelers Connect with us on Pinterest at https://www.Pinterest.com/retirementtravelers ABOUT US: As the Retirement Travelers, we have always dreamed of world travel, but we never in a million years thought we would become travel vloggers and start a YouTube channel. But, that is what we did! We work hard every day to become better and create something that others will enjoy. Having a community of friends, old and new, follow our journey is fun and exciting to us. We hope you enjoy the journey with us. Drop us a note in the comments and be sure to hit subscribe! 🗺 🎥 🌮