Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Personal Finance Forums
What personal finance mistakes should everyone avoid?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Yusra3, post: 321630, member: 31907"] There are a lot of personal finance mistakes out there, and it can be hard to know what to avoid. here are the top most mistakes: [SIZE=6][B]1. Not being aware of your money[/B][/SIZE] You need to know how much money you have, where it's going, and how much you're spending. [SIZE=6][B]2. Not having a plan[/B][/SIZE] If you don't have an idea of where your money is going, or why it's not working the way you want it to, then there's no way to fix it! [SIZE=6][B]3. Spending too much on things that don't matter[/B][/SIZE] It's easy to get caught up in the moment to buy something because it looks expensive or because it makes us feel good about ourselves for buying it but remember that every purchase has a cost and a benefit. Think about which one outweighs the other before making a purchase! [SIZE=6][B]4. Not saving enough for retirement[/B][/SIZE] One of the biggest expenses people face when they retire is medical care, so make sure you have some savings set aside for this expense! [SIZE=6][B]5. Not having enough savings to live on[/B][/SIZE] To be able to save money, you need to either have a steady income or make extra money each month. If you're not saving at least 10% of your income each month, then you won't be able to accumulate any significant amount of wealth over time. [SIZE=6][B]6. Being afraid of investing in stocks or mutual funds[/B][/SIZE] If you're worried about how much risk is involved with investing in stocks and mutual funds, then there's no reason for that fear! A well-balanced investment portfolio is actually very safe and it can even be more profitable than investing in bonds or CDs (Certificates of Deposit). [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Personal Finance Forums
What personal finance mistakes should everyone avoid?
Top