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Tuesday 10 May 2011

10 Money Mistakes............

Dear Friends

Our finance habits have an major impact on our financial well being.

Many students fall victim to the the same common money mistakes.

To know these mistakes is the first step to make your financial status better and get financial independence.


Here are the money mistakes that you need to avoid. How many are you guilty of ??????????????????


  • Avoid impulsive spending. e.g. Do not buy things which you use rarely.

  • Being swayed by sales techniques. e.g. Do not be swayed by 50% sales promotions.

  • Never checking for cheaper deals. e.g. Do not stick with the existing company.

  • The POOR ME attitude.

  • Not having a saving plan. e.g. Earlier you start saving the more productive it becomes.

  • Making wealth accumulation the Purpose of life.

  • Letting money spoiling Friendships.

  • Not tracking your finance.

  • Gaining an adverse credit rating.

  • Borrowing at high interest rates.

Friends Please try to avoid the mistakes for which you are guilty of... 

HAVE AN INDEPENDENT LIFE.....!!