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The Your Life, Your Money Podcast helps you thrive in life, wealth and retirement. The show is designed to navigate the complexities around money, building and securing wealth, and achieving financial independence. Scott Sierens, financial advisor at Sierens Financial Group, will provide thoughts, strategies, and ideas on each episode to help you make smart and sound financial decisions. The goal is to take complex financial subjects and make them simple and easy to understand so you can feel confident to take action, enjoy life, and eliminate financial stress and anxiety.

Scott, along with guests from across various industries, will cover topics such as tax savings strategies, investment and wealth management, IRAs, 401(k)s, retirement planning, income strategies, pensions, estate planning, social security, healthcare, and much more.

Retirement isn't an age or number. It's finding the balance between living life today and feeling financially confident about YOUR tomorrow.

Ask Scott your questions by calling 847-235-6989 or check out our podcast website at for more resources.

Mar 2, 2023

 Even if you’ve been saving your money and investing for a long time it’s easy to make rookie mistakes. On this episode, we’ll cover some of the top rookie mistakes we see people make, illustrate how to avoid them or how to fix them if you’ve already made some mistakes in your financial life.


Here’s more of what you’ll learn on this episode: 

  • First mistake: Having investments with no purpose. We’ll share some examples of what that means.  (3:16)
  • Second mistake: Not understanding risk. Every investment carries risk and you need to know what that is.   (7:09)
  • Third mistake: Making emotional decisions. We’re all guilty of doing this and it can hurt long-term returns. (14:57)
  • Fourth mistake: Following ‘hot tips’ when picking investments. (19:04)
  • Fifth mistake: Forgetting about the investment fund fees. (24:15)


Want to get in touch?



Phone: 847-235-6989