3 Big Financial Mistakes You Must Avoid

Scott Spann on Forbes writes: “While it may be difficult to achieve perfection in our planning, there are things we can do to avoid making the big mistakes.” You can avoid spending decades trying to recover by avoiding these three big financial mistakes:

1. Thinking that you don’t need a budget
2. Relying on credit card debt to pay for lifestyle choices
3. Not paying attention to fees on financial products

“How we choose to manage our personal finances says so much about our life goals, values, and priorities. These financial decisions also demonstrate how we balance living in the moment with the need to plan for future goals.”