I’m going to guess you’ve made a financial mistake or two in your life. Who hasn’t? For some of us, it was more than an occasional late fee or random urge to overspend that brought us to our financial knees. But I’m not talking about the kind of blunders that got us into trouble—we could list those in our sleep. Instead, I want to focus on the mistakes people make while they’re working their way back to financial health. Avoid these goofs to make 2014 a year you make financial progress!
Mistake: Not saving. You’ve heard this plenty, and here it comes again: Jump to the front of the line—in front of your creditors—when you divvy up your paycheck. Get over feeling guilty about keeping money for yourself. You need a fat emergency fund, and the only way to build it is to pay yourself first. Stuff happens, and if you’re not financially prepared for those emergencies, you’ll keep falling back into debt. Read more