7 Money-Saving Mistakes to Avoid

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7 mistakes we might make when trying to save money

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7 Money-Saving Mistakes to Avoid

  1. 1. Presented by Old Fashioned Homemaking
  2. 2.  Just because there’s a coupon, doesn’t mean you have to buy it.
  3. 3.  Don’t wait for when the time seems right to save, budget for savings every month.
  4. 4.  While it may be tempting to lock in your money, ensure you have a backup plan or it can cost you too much to get at your money.
  5. 5.  Be careful with investments and make sure you know exactly what you’re getting into before you get into it. Don’t gamble with your savings.
  6. 6.  Be weary of introductory rates. Plan for the long term instead.
  7. 7.  Even when you budget for saving, it’s important to make savings goals, so you are less likely to dip into savings when you shouldn’t.
  8. 8.  If your income increases, always make a plan to increase your savings budget.
  9. 9. Old Fashioned Homemaking
  10. 10. Old Fashioned Homemaking

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