This week, Sim breaks down 7 quiet money traps that cost you thousands a year from hoarding cash instead of investing to chasing fashion trends, FOMO stocks, and overspending on housing. She explains how living beyond your means, relying on credit cards you can’t clear monthly, and falling into the comparison trap sabotage wealth. You’ll get simple fixes like building an emergency fund, dollar cost averaging into broad index funds, curating a timeless wardrobe, and focusing on your own goals so your money actually grows.Watch the episode on <a href="https://www.youtube.com/@ms.simrankaur?sub_confirmation=1" rel="noopener noreferrer" target="_blank">Youtube here</a>For more Friends That Invest:<a href="https://view.flodesk.com/pages/62785b5946c9ddac82189f4d" rel="noopener noreferrer" target="_blank">Sign up for the weekly Stock Market Tea newsletter</a><a href="https://www.instagram.com/friendsthatinvest/" rel="noopener noreferrer" target="_blank">Instagram</a><a href="https://www.tiktok.com/@friendsthatinvest" rel="noopener noreferrer" target="_blank">TikTok</a><a href="https://x.com/friendsthatinvt" rel="noopener noreferrer" target="_blank">Twitter</a><a href="https://www.facebook.com/groups/620511298746021/" rel="noopener noreferrer" target="_blank">Facebook</a><h2>'Til next week, team!&nbsp;</h2><h2></h2><hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

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