The Investing Mistakes We Made (So You Don't Have To) episode artwork

EPISODE · Apr 28, 2026 · 17 MIN

The Investing Mistakes We Made (So You Don't Have To)

from Deeply Invested: Manage Money, Budget, Save, Invest, Build Wealth · host Your Money Style

We're airing our financial dirty laundry today  -  and we're not sorry about it. In this episode, Maddie and Meghan get real about the investing mistakes they made when they were just starting out. From maxing out a 401(k) without a plan, to leaving money sitting in cash for an entire year, to unknowingly choosing funds that quietly drained thousands in fees  -  they've been there. Here's what they messed up (so you don't have to): Mistake #1 (Maddie): Maxing out 401(k) contributions way too fast  -  before her budget could actually handle it Mistake #2 (Maddie): Investing before building an emergency fund  -  and the expensive math behind why that backfired Mistake #3 (Meghan): Rolling over a 401(k) into a new account… and then leaving the money sitting in cash for a full year Mistake #4 (Meghan): Picking investments based on past returns without ever looking at fees  -  and what that actually costs over 30 years The biggest takeaway? The biggest mistake you can make is not starting at all. Imperfect action always beats perfect planning. Ready to start the right way? Check out The Confident Investor Blueprint  -  a 7-day step-by-step guide designed to take you from "I should probably start investing" to actually doing it. Just $17. Link below. 📘 The Confident Investor Blueprint Read the full Show Notes Here!   Thanks to our sponsor:   Rakuten   Thanks for tuning in and come back each week for a brand new episode! If you liked the episode, don’t forget to hit subscribe, rate & review! Check out our FREE Newsletter to get all of our latest advice and freebies!   Connect with us on Instagram @your.money.style Visit our website for articles, resources, and more at www.liveyourmoneystyle.com

We're airing our financial dirty laundry today  -  and we're not sorry about it. In this episode, Maddie and Meghan get real about the investing mistakes they made when they were just starting out. From maxing out a 401(k) without a plan, to leaving money sitting in cash for an entire year, to unknowingly choosing funds that quietly drained thousands in fees  -  they've been there. Here's what they messed up (so you don't have to): Mistake #1 (Maddie): Maxing out 401(k) contributions way too fast  -  before her budget could actually handle it Mistake #2 (Maddie): Investing before building an emergency fund  -  and the expensive math behind why that backfired Mistake #3 (Meghan): Rolling over a 401(k) into a new account… and then leaving the money sitting in cash for a full year Mistake #4 (Meghan): Picking investments based on past returns without ever looking at fees  -  and what that actually costs over 30 years The biggest takeaway? The biggest mistake you can make is not starting at all. Imperfect action always beats perfect planning. Ready to start the right way? Check out The Confident Investor Blueprint  -  a 7-day step-by-step guide designed to take you from "I should probably start investing" to actually doing it. Just $17. Link below. 📘 The Confident Investor Blueprint Read the full Show Notes Here!   Thanks to our sponsor:   Rakuten   Thanks for tuning in and come back each week for a brand new episode! If you liked the episode, don’t forget to hit subscribe, rate & review! Check out our FREE Newsletter to get all of our latest advice and freebies!   Connect with us on Instagram @your.money.style Visit our website for articles, resources, and more at www.liveyourmoneystyle.com

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The Investing Mistakes We Made (So You Don't Have To)

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This episode is 17 minutes long.

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This episode was published on April 28, 2026.

What is this episode about?

We're airing our financial dirty laundry today  -  and we're not sorry about it. In this episode, Maddie and Meghan get real about the investing mistakes they made when they were just starting out. From maxing out a 401(k) without a plan, to leaving...

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