Mika
VIP Contributor
Mistakes you commit in your life might cost you dearly, you might encounter even more loss if these mistakes are related to your finance.
Here are 5 financial mistakes most people make. Check whether you have made these mistakes or not.
Not starting early: If you see the self-made billionaires, you will find that most of these people started early. Some of these people were still in school when they started making money.
Investing in Fixed Deposit: While keeping your money in fixed deposit accounts will give you some returns but investing money in other markets like stocks will give you a better return.
Not tracking your expenses: If you don’t track your expenses, you will be spending more money than you actually need to,
Buying products on credit: You can easily buy products on credit and paying in installments does not mean you actually have to.
Not having a budget and an emergency fund: You need to budget for your finance and have an emergency fund.
Here are 5 financial mistakes most people make. Check whether you have made these mistakes or not.
Not starting early: If you see the self-made billionaires, you will find that most of these people started early. Some of these people were still in school when they started making money.
Investing in Fixed Deposit: While keeping your money in fixed deposit accounts will give you some returns but investing money in other markets like stocks will give you a better return.
Not tracking your expenses: If you don’t track your expenses, you will be spending more money than you actually need to,
Buying products on credit: You can easily buy products on credit and paying in installments does not mean you actually have to.
Not having a budget and an emergency fund: You need to budget for your finance and have an emergency fund.