Financial Mistakes You Shouldn’t Do

Good money management is a very important component to achieve your long-term goals. It includes buying a nice car, your dream house, business, and of course starting a family. In addition, good money management skills will make you financially secure and provide a safety net in case of an emergency. In addition, you should avoid financial mistakes to reach your goal. If you want to know what financial mistakes you shouldn’t do, this might help.

Here’s the list of financial mistake you must avoid doing:

Wrong LifeStyle

Fear of missing out is the best sentence to describe this. You are afraid to get missed out. Most people who usually do the wrong lifestyle are the people who acquire wealth because of hard work. Rather than those people who are born with a rich family. Why? because they tend to spend more money so that they can keep up the lifestyle that other rich people do.
Yes, it is not bad to buy something for yourself, you deserve it because of your hard work. What not good is that you work so hard to earn more money but you spend so much as well to keep up with others.

Do not know how to differentiate their wants and needs

Let’s all admit that we need many things to survive. Starting with basic needs such as food, shelter, clothes, and others more. However, there are so many people that mistakenly make their wants as their needs. Most of the things that we want are undeniably costly, that is why you should think first before buying. For example, you just bought a new phone last month, but a new model has been released this month and you wanted to buy it. You should think twice first before doing another action. Yes, you can afford it but do you think you need it?

They outspend their budget

Most people who have a lot of money tend to outspend their budgets. They do not focus on a small amount of money that comes out of their pocket. They do not audit their finances since they have money but that is not right. Even though you have money, you must pay attention to every detail, do not overpay because that may lead to loss of money.

High Credit Card Debt

This is the fact, most people tend to have high credit issues because their salary or money is already reserved for a specific bill. That’s why they are using their credit cards to buy something they want. If you’re one of those people, you must settle your debts as soon as possible, stop overspending and try investing your money, so that instead of owing to debt, you will gain more money by investing.

Not planning about their retirement

This is a must to plan and save money for your retirement, so you will be prepared. It will be hard for you if you are already old and still having difficulties finding money for your everyday needs. After your retirement, the thing you should do is rest and that will only happen if you are prepared.

Remember that these tips are only a guide. Being financially stable still depends on the person but it will be better if you avoid doing these financial mistakes.



  1. Good morning po as LNG po ako sa sss ng father ko kung nahulogan po ba ng company at ilan na po ba nahulog po sa kanya pangalan po niya MERLITO L DAWE

  2. Ask lng po kung hnggang kylan nlang po aq pwedeng mghulog s sss contribution q.volunteer po ang pghuhulog q s sss.kung mka120 mnths npo b pwede ng huminto s pghuhulog o itutuloy pa gusto q pong mgloan paano po.

  3. good pm poh,,ask lng monthly poh kme kinakaltasan ng agency nmen ng sss pero wla pong laman sss nmen mag titwo yaers n kme s compny

  4. Excellent web site. Lots of helpful information here. I’m sending it to several buddies ans additionally
    sharing in delicious. And naturally, thank you to your effort!

  5. What’s up to all, how is the whole thing, I think every one is getting more from this web
    site, and your views are good in support of new people.

  6. After looking into a number of the blog articles on your site, I
    truly like your way of blogging. I book-marked it to my bookmark webpage list
    and will be checking back soon. Please check out my web site as well
    and let me know your opinion.

  7. I think this is one of the most significant info for me.
    And i’m glad reading your article. But want to remark on few general things, The site style is ideal, the articles is really
    excellent : D. Good job, cheers

  8. My brother recommended I might like this blog. He was totally right.
    This put up actually made my day. You cann’t consider simply how
    a lot time I had spent for this info! Thanks!

  9. Hey I am so delighted I found your webpage, I really found you by accident, while I was searching
    on Yahoo for something else, Regardless I am here now
    and would just like to say thank you for a tremendous post and a all round exciting blog (I also love the theme/design), I don’t have time to look over it all at
    the minute but I have saved it and also included your RSS feeds, so when I
    have time I will be back to read a lot more, Please do keep up the fantastic job.

  10. Usually I don’t learn post on blogs, but I wish to say that this write-up very pressured me to try and do so!
    Your writing taste has been surprised me. Thank you, quite nice article.

  11. Your style is unique compared to other folks I have read stuff from.

    I appreciate you for posting when you’ve got the opportunity,
    Guess I will just book mark this page.

  12. I just could not leave your web site prior to suggesting that I actually enjoyed the standard information a person provide in your visitors?
    Is gonna be back steadily in order to check out new posts

  13. Do you mind if I quote a few of your articles as long as I provide credit and sources back to your website?
    My blog site is in the exact same area of interest as yours and my visitors
    would truly benefit from some of the information you
    provide here. Please let me know if this ok with you. Regards!

  14. I’m really loving the theme/design of your website. Do you ever run into any internet browser compatibility issues?
    A handful of my blog readers have complained about my
    website not operating correctly in Explorer but looks great
    in Opera. Do you have any advice to help fix this issue?

  15. whoah this blog is magnificent i like reading your articles.
    Stay up the good work! You understand, lots of people are hunting round for
    this information, you can help them greatly.

  16. Great post. I was checking constantly this blog and I am impressed!
    Extremely helpful info specifically the last part 🙂 I care for such information much.

    I was seeking this certain info for a long time. Thank you and best of luck.

  17. I was curious if you ever considered changing the structure of your website?
    Its very well written; I love what youve got to say.
    But maybe you could a little more in the way of
    content so people could connect with it better. Youve got an awful lot of text for only having 1 or
    two pictures. Maybe you could space it out better?

  18. Someone essentially lend a hand to make significantly posts I would state.
    That is the first time I frequented your web page and so far?
    I amazed with the research you made to make this actual publish extraordinary.

    Excellent process!

  19. We’re a bunch of volunteers and starting a new scheme in our community.
    Your website offered us with valuable info to work on. You
    have done a formidable activity and our entire group will probably be grateful to you.

  20. Nice post. I used to be checking continuously this blog and I am inspired!
    Extremely useful info specially the ultimate part 🙂
    I take care of such info a lot. I used to be seeking this particular information for a long time.
    Thank you and good luck.

  21. Howdy! Do you use Twitter? I’d like to follow you
    if that would be ok. I’m definitely enjoying your blog and look forward to new posts.

  22. Hello! This is my 1st comment here so I just wanted to
    give a quick shout out and say I really enjoy reading your blog posts.

    Can you suggest any other blogs/websites/forums that go
    over the same topics? Many thanks!

  23. I used to be suggested this blog by way of my cousin. I’m not certain whether
    or not this submit is written via him as no one else realize such
    specific about my difficulty. You’re wonderful! Thank you!

  24. Remarkable things here. I’m very glad to look your article.
    Thank you a lot and I’m looking ahead to contact you.

    Will you please drop me a mail?

  25. Howdy just wanted to give you a quick heads up. The words
    in your content seem to be running off the screen in Firefox.

    I’m not sure if this is a formatting issue or something to
    do with browser compatibility but I figured I’d post
    to let you know. The layout look great though! Hope
    you get the issue resolved soon. Cheers

  26. Hey I know this is off topic but I was wondering if
    you knew of any widgets I could add to my blog that automatically tweet my newest twitter updates.
    I’ve been looking for a plug-in like this for quite
    some time and was hoping maybe you would have some experience with something like this.

    Please let me know if you run into anything. I truly enjoy reading your blog and I
    look forward to your new updates.

  27. I’ve been exploring for a little bit for any
    high-quality articles or blog posts on this sort of house .
    Exploring in Yahoo I ultimately stumbled upon this web site.
    Reading this information So i am glad to convey that I’ve an incredibly excellent uncanny feeling I found out exactly what I needed.
    I such a lot unquestionably will make certain to don?t
    disregard this website and provides it a glance on a continuing basis.

  28. My brother recommended I might like this website.
    He was entirely right. This post truly made my day. You
    can not imagine simply how much time I had spent for this information! Thanks!

    My webpage: special

  29. certainly like your web site but you need to check the spelling on several
    of your posts. A number of them are rife with spelling issues
    and I find it very troublesome to tell the reality nevertheless I will surely come back again.

  30. We are a group of volunteers and opening a new scheme in our community.
    Your website offered us with valuable information to work on. You
    have done a formidable job and our whole community will be grateful to you.

  31. My programmer is trying to persuade me to move to .net from PHP.
    I have always disliked the idea because of the costs. But he’s
    tryiong none the less. I’ve been using Movable-type on several websites for about a year
    and am concerned about switching to another platform. I have heard very good things about
    Is there a way I can transfer all my wordpress content into it?
    Any help would be really appreciated!

    Here is my site – coupon

  32. Greetings from Ohio! I’m bored at work so I decided to
    browse your site on my iphone during lunch break.

    I love the info you provide here and can’t wait to take
    a look when I get home. I’m amazed at how fast your blog loaded on my mobile ..
    I’m not even using WIFI, just 3G .. Anyhow, superb site!

  33. Wonderful work! That is the type of information that are supposed to be shared across the net.
    Shame on the search engines for no longer positioning this submit upper!
    Come on over and seek advice from my web site . Thank you =)

  34. The next time I read a blog, I hope that it doesnt disappoint me as much as this one. I mean, I know it was my choice to read, but I actually thought youd have something interesting to say. All I hear is a bunch of whining about something that you could fix if you werent too busy looking for attention.

  35. What i don’t realize is in fact how you are not actually a lot more smartly-favored than you may be now. You are so intelligent. You understand thus considerably in the case of this subject, produced me for my part believe it from a lot of varied angles. Its like women and men are not interested unless it is one thing to do with Woman gaga! Your own stuffs great. All the time deal with it up!

  36. Greetings from Idaho! I’m bored to tears at work so I decided to check out your site on my iphone during lunch break. I love the info you provide here and can’t wait to take a look when I get home. I’m surprised at how quick your blog loaded on my mobile .. I’m not even using WIFI, just 3G .. Anyhow, wonderful blog!

  37. Everything about medicine. Top 100 Searched Drugs.
    ivermectin 5
    Get warning information here. Learn about the side effects, dosages, and interactions.

  38. What side effects can this medication cause? Learn about the side effects, dosages, and interactions.
    ivermectin 5
    Read here. Everything information about medication.

  39. Learn about the side effects, dosages, and interactions. Everything about medicine.
    ivermectin lice
    safe and effective drugs are available. Everything about medicine.

Leave a Reply

Your email address will not be published.