Episode 197: 7 myths about money: the outdated financial beliefs which are making you poorer – with Rob Dix of The Property Hub
We’ve all heard the same advice. Save 10% of what you earn, invest in index funds and don’t fall into the trap of lifestyle creep. But what if we’re missing something and all of that advice is outdated or simply wrong? Rob Dix is co-presenter of The Property Podcast, a writer for The Sunday Times, and a well respected financial expert. He explains the problems with classic financial advice, what you should focus on instead of saving, and why retirement shouldn't be something you look forward to. He also talks about the psychology behind investment strategies, the three different motivations behind investing, and how to make a financial plan that meets your goals. (more…)