Buying flashy cars and not planning for the future are just a couple of mistakes people make with their finances.
Unfortunately, there is quite a gap between what people would like to do with their money and what they actually do. For many, buying a house, taking trips with family or even retiring may present difficulties if drastic changes aren’t made in spending and saving habits.
Financial planning is vital for attaining realistic goals. Investing for the future should be a regular habit.
Here are some common financial mistakes that people make.
Not paying bills on time
Many people look at credit cards as a means to improve their lifestyle. So the end of the month rolls around and you receive that dreaded envelope in the post from your credit card company.
If you've ever paid a bill late, you will have probably noticed that you're charged a fine.
Brushing aside your bill or ignoring it all together could be detrimental to your credit rating and cost you more through the i...
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