The 3 Money Traps I Still Fall For (Even as a Wealth Coach)

Videos| Learn
September 01, 2025•1 min read
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After 25 years in finance, you might think I’d be immune to money mistakes. Truth is, I still fall for the same traps you probably do.

In this video, I’m breaking down the 3 money traps I still fall for (even as a wealth coach) and what I’ve learned about catching myself when they happen:

🔸 The Knowledge Comparison Trap, why chasing “secret strategies” makes us doubt what we already know

🔸 Productive Procrastination – how “busywork” tricks us into avoiding the big financial moves

🔸 The Shame Spiral – why mistakes don’t hold us back, but the guilt afterward does

Being good with money doesn’t mean being perfect. It means building systems to keep you moving forward when you slip.

If you’ve ever compared yourself to others, avoided the big money tasks by tweaking the small stuff, or beaten yourself up after a financial mistakethis video is for you.

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Salena Kulkarni

On my YouTube channel, I share key takeaways from the books I read and the lessons I learn along the way. From productivity tips to business insights and life advice, it’s all about growing and improving together.

For the 20+ years I have been supporting others to walk the path towards financial independence by sharing strategies, tools, insights and wisdom normally coveted by the wealthy.

As a Chartered Accountant and private investor, I created I Can Be Wealthy to fill the gap I wish someone had filled for me when I was starting out: real-world financial education for people who weren’t born into money.

My own journey wasn’t smooth. I spent years working hard, earning more, but never feeling ahead.

I saved for 7 years to buy my first home, made every money mistake in the book and nearly gave up more than once.

But through trial, learning, and eventually investing wisely, I built financial freedom and now I help others do the same, faster and with fewer detours.

This isn’t just about money. It’s about giving people back agency, confidence, and a life with real choices.

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Written by a Chartered Accountant with 25+ years of experience. No fluff. No guilt. Just what works

Every week I share, my notes from the field, and ideas that will help you break free, build a real plan, and start creating a future you actually want.

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