Learn From This Financial Journalist’s 5 Money Mistakes

We’ve all made money mistakes. I have, you have, and so has this writer whose focus is personal finance.

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As a financial journalist, it feels weird to write about myself. But hopefully, this can help you avoid the financial mistakes I’ve made.

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Learn From This Financial Journalist’s 5 Money Mistakes

Resist. It’s an illusion. Most likely, your peers are up to their eyeballs in credit card debt. Make a budget and stick to it.

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Buy used, and you may end up with a lemon that costs you just as much as if you had bought new.

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As your children move out, why are you maintaining the overhead of all that unneeded space? Scale down and relocate to a more tax-friendly area, if possible.

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Most likely, your employer offers a 403 (b) plan. If they offer a match, fully fund that account and take advantage of every dollar, they give you.

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This is especially crucial if you’re at the beginning of your career. The markets are volatile right now, but don’t let this deter you.

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If you do nothing else in this list, please, please, please sit down with a professional and evaluate your student loans.

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You might even qualify for student loan forgiveness and not even be aware of it.

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Learn From This Financial Journalist’s 5 Money Mistakes

We’ve all made money mistakes. I have, you have, and so has this writer whose focus is personal finance.

As a financial journalist, it feels weird to write about myself. But hopefully, this can help you avoid the financial mistakes I’ve made.

Learn From This Financial Journalist’s 5 Money Mistakes

Resist. It’s an illusion. Most likely, your peers are up to their eyeballs in credit card debt. Make a budget and stick to it.

Credit Card Debt

Buy used, and you may end up with a lemon that costs you just as much as if you had bought new.

Buying A New Car

As your children move out, why are you maintaining the overhead of all that unneeded space? Scale down and relocate to a more tax-friendly area, if possible.

Buying Too Much House Too Soon

Most likely, your employer offers a 403 (b) plan. If they offer a match, fully fund that account and take advantage of every dollar, they give you.

Missing Employee Matches

This is especially crucial if you’re at the beginning of your career. The markets are volatile right now, but don’t let this deter you.

Missing Employee Matches

If you do nothing else in this list, please, please, please sit down with a professional and evaluate your student loans.

Ignoring My Student Loans

You might even qualify for student loan forgiveness and not even be aware of it.

Ignoring My Student Loans

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