In this first episode of a two-part series, Paul and Cory address some common money mistakes and offer advice to help you learn from other people’s mistakes. They discuss the problem of maxing out your 401k, the importance of being aware about your protections and evaluations, the parachuter’s paradox, and the difference between non-convertible term insurance and convertible term insurance. Paul and Cory state that everyone is doing their best with the information they know, so don’t feel bad if you make any of these mistakes! This series is to help inform you so you can make better financial choices. Additionally, In honor of Sound Financial Bites surpassing 100 episodes, Paul mentions a giveaway at the end of this podcast!

For full show notes and to download a FREE copy of the transcript for this episode, visit: http://fullcast.co/sfb-101

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