3 Biggest Financial Mistakes & How to Fix Them

Are You Playing the Money Game to Win—or Just Trying to Survive?

Struggling with financial mistakes like poor money management, overspending, and lack of planning? This guide reveals the top financial mistakes keeping you broke and offers proven solutions to fix them, boosting your wealth-building journey with Mark Pinilla.

Most people don’t fail financially because they don’t work hard. They fail because they never learned the rules of the game. Money isn’t just about what you earn—it’s about how you manage, grow, and protect it.

The sad truth? Schools don’t teach financial literacy. Families don’t always pass down the right habits. And society tricks you into thinking success is about driving the newest car, wearing designer clothes, or living in the biggest house.

That’s why so many people struggle with financial mistakes. But here’s the good news: if you know what’s holding you back, you can fix it. And you don’t have to do it alone.

Let’s break down the three biggest financial mistakes people make—and how Mark Pinilla can help you break free and build real, lasting wealth.


1. Lack of Financial Literacy: What You Don’t Know CAN Hurt You

One of the most common financial mistakes is a lack of financial literacy.

  • They don’t know the difference between good debt and bad debt.
  • They think saving is enough—but inflation eats savings alive.
  • They believe working harder equals financial freedom—when it’s really about making money work for you.

The Solution: Learn from those who have mastered the game. Mark Pinilla is a mentor who simplifies wealth-building so you can take control of your future. His approach aligns with the NAHREP 10 Disciplines, ensuring you develop a real strategy, not just financial survival tactics.


2. Living Beyond Your Means: The Silent Wealth Killer

Another financial mistake is living beyond your means. People making six figures still drown in debt because their spending matches their income.

  • The upgraded house
  • The leased luxury car
  • The five-star vacations (paid on credit)

The Solution: Mark Pinilla teaches the discipline of living below your means (NAHREP Discipline #3)—not as a sacrifice, but as a strategy.


3. Failure to Plan for the Future: Hope Is Not a Strategy

Failing to plan for the future is a critical financial mistake.

  • No emergency fund? One unexpected expense can wipe you out.
  • No investments? You’ll work forever because your money isn’t working for you.

The Solution: Mark Pinilla helps shift from reactive to proactive wealth-building. As NAHREP’s Discipline #5 states, real estate and stocks are great ways to build wealth.


Take Action: Your Financial Freedom Starts Now

If you see yourself in any of these financial mistakes, don’t panic—take action.

👉 Schedule a free consultation with Mark Pinilla today.

Because the only thing worse than financial failure is knowing you could have done something about it—but didn’t.

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The Power of Planning: Transform Your Follow-Ups into Success

Success in business and life doesn’t happen by chance—it happens by planning. As Rick Guerrero, a NAHREP 10 Certified Trainer, emphasizes, preparation is everything. He starts each week by creating a call log every Sunday, setting the foundation for intentional and productive interactions. His approach mirrors NAHREP Discipline #2: Be in the top 10% of your profession by taking your craft seriously and working toward mastery. Learn more about the NAHREP 10 Disciplines here.

Sara Mendez Rodriguez, CEO of Titan Title & Chairperson for the Hispanic Wealth Project, suggests a themed call log to ensure balance and variety. For example:

  • Monday: VIPs
  • Wednesday: Focus on hot leads.
  • Friday: Reach out to business partners.
  • Weekend: Dedicate time to friends, family, and birthday celebrations​.

Why Following Up Matters

According to statistics, 70% of buyers and sellers choose a real estate agent based on referrals from friends and family​. This underscores the importance of maintaining personal and professional connections. Planning calls with intention, as suggested by Rick and Sara, ensures you never miss an opportunity to nurture these relationships.

Real Estate Insights for Relationships

To add his personal touch to the call log, Mark Pinilla, a NAHREP 10 Certified Trainer, added the weekend column. Birthdays and family milestones aren’t just personal—they can be professional goldmines. Studies show that buyers and sellers often prefer working with someone they know and trust​. By incorporating these touchpoints into your weekend calls, you position yourself as their go-to expert when the time comes.

Action Plan with Mark Pinilla

For those looking to maximize their wealth-building strategy, contact Mark Pinilla, a trusted resource for investment properties and real estate expertise. Waiting is not in your best interest—contact Mark here.

Additional Resources