The 5 Financial Mistakes I Made In My 20s


When I take a snapshot of my financial decisions from the last 25 years, I can clearly see five mistakes that have cost me a painfully large amount of money. I’m looking back on what I should’ve done differently, including my investment plan, my lack of passive income, buying a home too early, and what financial advice I followed. 

Regardless of how old you are or where you are with your finances, my story proves that it’s never too late to become unapologetically wealthy! 


Episode Timeline & Discussion Questions:

(1:13) Welcome back to The Chris Harder Show. Today, Chris is breaking down the five biggest financial mistakes he’s made in his life. 

(4:05) #1: Chris bought too many depreciating assets before he earned them. 

(5:49) #2: Chris missed the chance to invest early and take advantage of compounding interest.

(7:46) #3: Chris wishes he had created more sources of passive income. 

(9:48) #4: Chris says that he bought a home too early. 

(11:54) #5: Chris settled for average financial advice. 

(13:41) Chris reveals what these mistakes have cost him. 

(15:48) Text DAILY to 310-421-0416 to get on Chris’s text list. 

(16:27) Chris asks listeners to share the podcast and leave a 5-star review. 

How do I figure out if I
can afford something
now? If it can be paid
for by my passive
income, not by my
earned income, then I
can afford it.

You’re Going To Hear About:

  • How much money I’ve missed out on because I didn’t prioritize building long-term wealth when I was younger
  • My rule-of-thumb for figuring out if I can afford something now 
  • Why I recommend automatically investing into low-cost index funds
  • Passive income sources that I wish I started up earlier 
  • My controversial take on home ownership 
  • An honest look at where I settled for average advice 

Resources Mentioned:

  • Text DAILY to 310-421-0416 to get daily Money Mantras or Business Perspective messages to boost your day.