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Common financial mistakes & pitfalls_How to avoid them.
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[QUOTE="Yusra3, post: 306222, member: 31907"] Don't do it! It's easy to make financial mistakes, but they're not worth it. You won't be able to pay back your debts and you'll wind up with a lot of stress in your life. You may even lose your home or get arrested. Here are some common financial mistakes and pitfalls: Not being able to pay your bills on time. This is usually caused by forgetting about bills or not having enough money to cover them. Don't let this happen! If you don't have enough money on hand, then use the money left over from your last pay check to pay off your credit card bill. If there isn't any left over, then take out more loans or use an overdraft to cover the missing amount until later when you can afford it again without going into debt. Using credit cards too much. Credit cards are good for getting things like new cell phones and TVs but avoid using them for other things like groceries or gas because it will end up costing more than necessary in interest payments over time due to high interest rates which can be sky-high compared with other types of loans such as mortgages which offer lower interest rates [/QUOTE]
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Common financial mistakes & pitfalls_How to avoid them.
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