Four Roadblocks to Long-Term Financial Success and How to Conquer Them
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Overcoming Financial Planning Obstacles: 4 Common Pitfalls and How to Avoid Them | Money Strong Podcast
In this episode of the Money Strong Podcast, host Bryan Foltice discusses the key reasons why many people struggle with long-term financial planning. He outlines four major obstacles: not starting at all, quitting after setbacks, creating unsustainable plans, and losing motivation. Bryan shares strategies to overcome these hurdles by breaking down financial goals into manageable steps, maintaining consistency, and building sustainable plans. He also highlights the importance of community support and mental resilience in achieving financial success. Tune in for actionable advice and frameworks to strengthen your financial future.
00:00 Introduction and Podcast Overview
00:40 End of School Year Reflections
01:54 Transition to Summer Mode
02:26 Why We Fail at Financial Planning
02:44 Reason 1: Not Starting - Due to Being Overwhelmed & Opening Accounts
09:22 Reason 2: Quitting After Setbacks
14:28 Reason 3: Unsustainable Plans
19:46 Reason 4: Losing Motivation
22:27 Conclusion and Call to Action
Bryan Foltice Behavioral Finance Website - www.bryanfoltice.com
Money Strong Program - www.moneystrong.net
Instagram - www.instagram.com/bryanfoltice
Linkedin - https://www.linkedin.com/in/bryan-foltice-2578a116/
Disclaimer: www.bryanfoltice.com/cv
56 episodes