Avoid These Money Mistakes And Achieve Your Goals Earlier
These mistakes very often fly under the radar. They are hidden. But, the results are not. Making the wrong money decisions keep us from building wealth and prevent us from achieving our goals, and the results can be drastic.
If you want to earn more money and build life-changing wealth in 2022, make sure you’re not making these five stealthy money mistakes.
You’re Not Exploiting Your 9 to 5 Job
Your 9 to 5 job offers plenty of opportunities to build wealth for your future, and it all starts with your organization’s benefits. A lot of companies offer a “company match” if you invest in their company-sponsored 401(k).
You’re Following Your Passion
Our strengths are very often different from our passions. Strengths are the things we’re naturally good at. For example, if you’re a natural problem-solver, a career in information technology or computer science might be right up your alley.
You’re Only Saving 10% of Your Salary
“Save 10% of your income, and you’ll be fine” is the most outdated piece of money advice that exists today. Why? Inflation is killing the value of the dollar.
You Don’t Have an Emergency Fund
Your emergency fund is your lifeline. If you don’t have money set aside for a rainy day, you’re living your life at risk. Your emergency fund is money set aside for an unexpected expense.
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