Ending Soon! Save 33% on All Access

5 Financial Choices You'll Regret We all make mistakes, but we can make fewer if we remain mindful.

By Phil Town

Opinions expressed by Entrepreneur contributors are their own.

Regret, especially finance regret, can stick to you. In this video, Entrepreneur Network partner Phil Town discusses a handful of bad financial habits to keep an eye on. Here are five circumstances that might lead to financial regret.

  1. Not having an emergency fund.
  2. Lacking an automatic savings system.
  3. Not having health insurance.
  4. Buying things to keep up with others.
  5. Not investing enough in your own financial education.

Town mentions that he was lucky enough to get a solid education in finance, but many people are not so lucky. This education should offer training outside speculating and diversifying stock choices.

Click the video to hear more.

Related: The Indicators That a Market Crash Is Approaching

Entrepreneur Network is a premium video network providing entertainment, ewitducation and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on Roku, Apple TV and the Entrepreneur App available on iOS and Android devices.

Phil Town is an Investment Advisor, Hedge Fund Manager, 2x New York Times Best-Selling Author of Rule #1 & Payback Time, and Ex-Grand Canyon River Rafting Guide. Rule #1 Investing is Warren Buffett style investing, teaching you how to buy businesses on sale, with little risk and 15 percent returns. In fact, Rule #1 investing is practically immune to the ups and downs of the stock market.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

More from Phil Town

How to Find a Stock On Sale That's Right for You

3 Bad Investing Habits You Should Drop Before It's Too Late

Nervous About Investing? Think About Your Money This Way.

How to React When a Recession Is Approaching

Career

Is Consumer Services a Good Career Path for 2024? Here's the Verdict

Consumer services is a broad field with a variety of benefits and drawbacks. Here's what you should consider before choosing it as a career path.

Business News

'Creators Left So Much Money on the Table': Kickstarter's CEO Reveals the Story Behind the Company's Biggest Changes in 15 Years

In an interview with Entrepreneur, Kickstarter CEO Everette Taylor explains the decision-making behind the changes, how he approaches leading Kickstarter, and his advice for future CEOs.

Business Ideas

87 Service Business Ideas to Start Today

Get started in this growing industry, with options that range from IT consulting to childcare.