Top 10 Financial Mistakes to Avoid
- Taking financial advice from broke people
- Living without a budget
- Making financial decisions without getting into agreement with the spouse
- Placing a higher value on maintaining a good credit score than on making sound financial decisions
- Focusing too much on here-and-now wants and not enough on longer-term goals
- Taking too little financial risk or taking too much financial risk
- Buying as much house as the lender will allow
- Financing a car instead of paying cash
- Assuming that getting a student loan is the only way to pay for college
- Justifying unwise purchases and expenses as “tax deductions”
