Though misplacing a $20 bill can be frustrating, it’s not exactly the kind of money mistake that can harm your finances. It’s deeply entrenched habits that have you misspending your money that you have to watch out for. Often times, you aren’t even aware you’re making these mistakes, so take a look at this guide and make sure you avoid any of the following bad habits.
1. Running Your Household Without A Budget
This is a pervasive issue throughout North America. Roughly 60% of Americans and 53% of Canadians don’t use household budgets to control their spending. That means they don’t have a clear understanding of where their money is going each month. Even a general mental tally of your purchases isn’t enough. [Read more…] about Get Rid Of These Financial Faux-Pas From Your Life