7 Money Mistakes Most People Make (And How to Avoid Them)

Many financial problems come from simple mistakes. Avoiding these mistakes can save you thousands.

1. Spending more than you earn

Track your spending.

2. Not having an emergency fund

Save at least $500–$1,000.

3. Using credit cards for everything

High interest will bury you in debt.

4. Not budgeting

No budget = no control.

5. Buying items you don’t need

Impulse shopping kills your savings.

6. Not comparing prices

Always compare before buying electronics or big items.

7. Ignoring your credit score

Bad credit = higher interest and fewer opportunities.

Conclusion:
Fixing these mistakes transforms your financial life.