I was on another site and there was a lis of 10 nasty money habits to kick which included:
Spending without a budget.
***Carrying a balance on credit cards.
Ignoring interest rates.
Not investigating disability insurance.
Failing to see how little purchases add up.
Not matching employer's contribution to retirement.
Waiting until the last minute to fund IRA.
Paying everyone else, saving "what's left."
Not managing your investments.
Getting emotional about your investments.
I can't believe I was guilty of most of these, thank God I have made some serious changes
Tip of the day
January 3rd, 2007 at 02:48 am
January 3rd, 2007 at 03:30 am 1167795013
spend without a budget - yup, I do that
carry balance on credit cards - do that too
ignore interest rates - ya, mostly do that too
disability insurance - don't have it - don't need it
little purchases add up - true, but if you don't have a budget, does it matter?
employers contrubution to retirement - woops, I don't have an employer
last minute IRA funding - don't have one of those either!
saving "what's left" - uh, I have nothing left
not managing investments - What is this refering to, exactly?
getting emotional about investments - FINALLY - some sound advise!!