The Personal Finance Podcast

The 12 Worst Money Habits (Ranked!)

The Personal Finance Podcast

Show Notes

Twelve money habits, ranked from bad to absolutely devastating. Some of these you already know about

👉 Want personalized help from Andrew? Join Master Money Academy at https://www.skool.com/mastermoneyacademy/about

👉 Join Andrew’s FREE Investing for Beginner’s Masterclass: https://event.webinarjam.com/q05p7/register/0o8z9io?webinar_id=21

👉 Live Call Registration Form: https://docs.google.com/forms/d/e/1FAIpQLSeqIw5xncfn5tZbGG_U22iZ3BUmyHe9fPvBQaC1vW_x1D7bJA/viewform

What You'll Learn in This Episode

The full ranking, from number 12 all the way down to the single worst habit on the board

Why looking wealthy and being wealthy pull in opposite directions

What a 1% fee actually removes from your ending balance over a career

The buy now, pay later stats that show most users cannot afford what they are buying

Why the monthly payment question is a sales tool, and what to ask instead

What the data says about sports betting and retirement contributions

How to let your lifestyle grow without letting it eat every raise

The fix for each habit, not just the diagnosis

Start Here

Join the community built to help you master your money, stay accountable, and reach financial freedom.

👉 Try Master Money Academy FREE for 7 days today! https://mastermoney.co/join/

👉 Join Andrew’s FREE Investing for Beginners Masterclass https://event.webinarjam.com/q05p7/register/0o8z9io?webinar_id=21

👉 Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here! https://expert-hustler-605.ck.page/6aa7bb9a79

Partner Deals

Indeed → Get a $75 sponsored job credit http://Indeed.com/personalfinance

Wayfair → Up to 60% off | MEMORIAL DAY WAREHOUSE CLEAROUT http://wayfair.com

Monarch Money → The all-in-one financial tool + Get 50% Off at http://www.monarch.com/PFP

Polygenius → Free life insurance quote http://policygenius.com

DeleteMe → 20% off with code PFP https://joindeleteme.com/PFP20/

Resource/s

Car Insurance https://secure.money.com/pr/gc43ce394da5

Best HYSA https://secure.money.com/pr/r453ecf4d190

Stock Brokerage Accounts https://secure.money.com/pr/v8d06f8de92c

Best IRAs https://secure.money.com/pr/oe09b73d1952

Favorite Travel Credit Cards https://milevalue.com/best-credit-cards/?aff=mastermoney

Tool/s Mentioned

Total Cost of Ownership Calculator https://mastermoney.co/total-cost-of-ownership-calculator/

Automate Your Money in One Weekend https://www.skool.com/mastermoneyacademy/automate-your-money-challenge-live?p=2f4a172b

Episode/s Mentioned

The 1-3-6 Method For Building & Managing Your Emergency Fund https://youtu.be/rGdII_Z0hnw

The System to Pay Cash For Cars (and NEVER Have a Payment Again!) https://youtu.be/kgmjjQEN3Xs

Watch Next

How to Never Worry About Money Again with Jesse Mecham https://youtu.be/_Zrin_NvjpY

How to Save $100,000 on a Low Salary https://youtu.be/f8-BWWiDpKc

How to Spot Fee That's Robbing You, Insure Your Kids' Future & Retire Two Decades Early - Money Q&A https://youtu.be/2y6bjDkgbgM

4 Dead Simple Steps to Become Financially Free https://youtu.be/dM4DKC7-Y5s

How to Build a Vacation Fund That Pays You For Life + (Money Q&A) https://youtu.be/SMDRQkqnA74

Connect with Andrew

Instagram → https://bit.ly/Skool-Instagram

TikTok → https://bit.ly/Skool-TikTok

Facebook → https://bit.ly/Skool-Facebook

Podcast → https://bit.ly/Skool-Podcast

Youtube → bit.ly/Skool-Youtube

Newsletter → https://bit.ly/Skool-Newsletter

Website →⁠ https://mastermoney.co ⁠

X → ⁠https://x.com/mastermoneyco

LinkedIn →⁠ ⁠⁠https://www.linkedin.com/in/andrew-giancola-45027b340 ⁠

Question for you:

What habit did Andrew leave off the list entirely? Tell him what belongs on the board. Learn more about your ad choices. Visit megaphone.fm/adchoices

More from The Personal Finance Podcast

Oct 21, 2026

Most people decide whether retirement is possible for them without ever doing the math. Andrew runs the numbers on all three goals Americans say they want most, and the answers are better than the headlines suggest.

Oct 19, 2026

Every decade has its own way of quietly breaking your finances, and most people never see theirs coming until it already happened.

Oct 14, 2026

You cannot judge a three-year-old by their SAT score, and you cannot judge a young company by its P/E ratio. Brian Feroldi explains the five phases that tell you which numbers actually matter.

Oct 12, 2026

Are you spending hours trying to save a few dollars while overlooking the financial decisions that could transform your future? Building wealth isn't just about cutting expenses. It's about increasing your income, making smarter decisions about housing and cars, reducing investment fees, investing in yourself, and consistently putting money toward your financial future.

Oct 7, 2026

What if you could pay off your debt faster without completely overhauling your life? From micro payments and bi-weekly payments to refinancing, found money strategies, and behavioral hacks, this episode breaks down 19 practical strategies to help reduce debt, save on interest, and accelerate the path toward financial freedom.

See all episodes →