the PearBudget Blog

Notes from Charlie and Sarah

Gen X Finance on The Top 12 Money Mistakes Most People Make

There’s an excellent post from Jeremy over at Generation X Finance, Top 12 Money Mistakes Most People Make. It’s a really great overview — broad enough that it covers areas where we all fall short; detailed enough that it gives good links and action steps for rectifying problems.

Here’s the list, but you can check out his entire piece for the full story.

  1. Not Living Within Your Means
  2. Failure to Budget
  3. Lack of Goals
  4. Having Too Much Debt
  5. Not Saving Enough
  6. Inappropriate Amount of Savings
  7. Lack of Estate Planning
  8. Ignoring Disability Insurance
  9. Lack of Diversification
  10. Losing Focus
  11. Being Naive
  12. Not Asking for Help When You Need It

I know I need to pay more attention to my lack of estate planning, and I should also do some more research into disability insurance. But the whole post is good, and I wanted to share it with all of you.

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