Habits That Keep You Broke

Retirement Planning Happy Hour

Retirement Planning Happy Hour
Habits That Keep You Broke
Jun 10, 2026
Eric Douglas, Chris Vaughn

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In this episode, we break down the biggest financial traps that can quietly destroy your path to wealth and financial freedom. From procrastinating on saving, lifestyle creep, and keeping up with the Joneses, to overspending on cars, credit cards, and everyday habits—these money pits can cost you more than you realize.

We also dive into the power of compounding, why starting early matters more than chasing returns, the importance of emergency funds, and how living below your means can create long-term peace of mind. Building wealth isn’t about flashy purchases—it’s about smart habits, patience, and consistency.

Whether you’re just starting your financial journey or trying to reset your money habits, this episode will help you avoid common mistakes and make smarter decisions for your future.

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Episode Artwork Habits That Keep You Broke 1:07:26 Episode Artwork Scams You Must Avoid to Protect Your Money 51:05 Episode Artwork Retirement Isn’t About Saving - It’s About Living 42:13 Episode Artwork Do I Really Need This Insurance? 56:29 Episode Artwork Markets Reacting to Geopolitics 53:39 Episode Artwork The Mistakes Young People Make in Financial Planning 1:07:36 Episode Artwork Why Money Won’t Make You Happy 48:44 Episode Artwork Nobody Knows Anything 44:57 Episode Artwork Dividends & Annuities: The Real Cost of Passive Income (Part 2) 55:35 Episode Artwork Passive Income Myths: Real Estate, Risk & Reality (Part 1) 57:22 Episode Artwork What Really Matters More Than Money 59:39 Episode Artwork The Value of Financial Planning 59:42 Episode Artwork The Emotional Mistakes That Derail Investors 49:33 Episode Artwork The Truth About Alternative Investments 1:00:49 Episode Artwork More Things To Know Prior to Retirement - Part 2 50:52 Episode Artwork Fear-Based Financial Products: What’s Real and What’s a Scam 1:04:46 Episode Artwork Things To Know Prior to Retirement - Part 1 50:47 Episode Artwork Are Roth Conversions Worth It? 58:46 Episode Artwork Why Won't the Market Crash Already? 51:43 Episode Artwork Mistakes We See from DIYers: The Hidden Costs of Going It Alone 56:43 Episode Artwork Why We Hate the Term Financial Advisor 1:06:57 Episode Artwork How Does the Big Beautiful Bill Affect Your Retirement? 59:52 Episode Artwork Money Mistakes: The Hidden Traps in Financial Planning 57:07 Episode Artwork Where Do We Actually Learn About Money? 57:29 Episode Artwork Why Annuities are the Used Car of the Financial Industry 52:10