6 Little Spending Mistakes That Can Cost You Your Financial Freedom
Photo Source: "Financial Freedom by Nicci Chicago, on Flickr"> Can't seem to get ahead financially? Debts piling up? Maybe you're making some of these mistakes unknowingly. These mistakes listed below will help you understand where you may be going wrong and how to get back on track quickly. You can be debt free. Mistake 1. Living Beyond Your Means This is the real cause of your worry and stress. If you are spending more than you are earning, whose money are you spending? It's the credit card provider's or the bank. The cost of this money is interest. The way out - Make a Commitment to yourself only to spend within your income limits. Maybe you could increase your income (or cash in) by applying for more skilled positions, selling some of your unused articles or assets. Is the second car really a necessity? What about working out ways to make your hobby pay for itself? Why not find ways to reduce your spending? How much would you save each ye...