Not Saving / Investing Enough
Splurging your entire paycheck on the latest gizmo, designer purse, or luxury sports car may seem like a good idea in the heat of the moment. When an unforeseen accident occurs or tax collectors come a-knocking, though, you’re going to wish that you had set a few extra bucks aside. That’s why it’s important to start a savings account and not dive into it until faced with an emergency. Making a few smart investments on the side can also help you to accumulate money for a rainy day, or the important things, like the security of owning your own home.
