2min chapter

Marriage Kids and Money: Personal Finance for Families cover image

5 Major Money Mistakes I've Made (And How You Can Avoid Them)

Marriage Kids and Money: Personal Finance for Families

CHAPTER

The Importance of Blind Faith in Your Financial Advisor

I just felt uneasy having an adjustable rate mortgage because it might adjust upward someday. I didn't understand what was going to happen, so I refinanced. We ended up losing out on about $13,000 through lost interest payments and refinancing fees when you go through the refinanced process. This was a really dumb move. Number five: Having blind faith in my financial advisor. At this point, Nicole and I were making some pretty good money together. And we needed someone to help us invest in my blind faith. It was a big mistake.

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