Swallow the Anchor
Swallow the Anchor
Yachting Financial Solutions
Swallow the Anchor - Season 5 Episode 14 - How do you avoid the most common financial mistakes?
29 minutes Posted Sep 4, 2019 at 12:19 pm.
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How do you avoid the most common financial mistakes superyacht crew make? That's the question we answer in this episode of Swallow the Anchor. Teresa lists the top 5 mistakes and tells you how to avoid them.
Here are her top tips:
#1: Start a financial plan TODAY. Don't delay.
#2: Have a clear goal in mind.
#3: Protect your income with disability, life and health insurance SUITABLE for superyacht crew.
#4: Keep going. Avoid stops and starts.
#5: Don't get distracted by the latest thing. Stick to your plan. Modify only when necessary.
Bonus tip: Remain calm when the markets drop. That's the prime time to invest.