Avoid 7 financial mistakes that makes you POOR
Not Tracking Finances
Keep a tab of what you earn & spend. Later on monitor your monthly expenses & match it with your earnings.
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Pinterest/Splendry
Comparison Spending
Peer group pressure of matching with friends, neighbours, family members lifestyle can make you spend more.
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Pinterest/ImCelebrityinc
No Emergency Saving
Many people don’t plan or keep funds for emergencies. Take health insurance & keep savings for any emergency related funds.
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Pinterest/This Mama Blogs
Living On Salary
Fully dependent on salary can make you financially weaker, so always invest some portion from your salary to increase your wealth.
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Pinterest/Lisa's Notebook
Excessive Debt
Before taking any home loan, car loan or taking unwanted products on credit cards can trap you in excessive debt.
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Pinterest/mindbodygreen
No Investment For Future
Not investing any money from salary & keeping it in a savings account does not multiply your wealth.
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Pinterest/Sustainable Jungle
Ignoring Retirement Savings
If you don’t plan your retirement at an early age, the money left in your hand after retirement will be very less in terms of inflation.
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Pinterest/FinanceBuzz.com
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