05 July 2009

Common Mistakes

We're all human and we all make mistakes. Ironically, one of the most critical areas of our lives - our finances - is one of those areas in which we continue to make the same (expensive) mistakes over and over again. These include:

  • Not believing you are capable of changing your current financial situation
  • Not having a financial plan
  • Not being fully aware of where your money is going (i.e. not budgeting)
  • Living the good life - but unfortunately on credit
  • Wanting to be an investor but never having the courage to take the first step
  • Living for today with no thought of tomorrow
  • Focusing on the negatives in your life rather than the positives
  • Accepting your situation and not looking for a way out

By reading the advice in this section of the site, hopefully you'll learn some ways to help you avoid making the most common mistakes.

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