In this video, #Edelweiss explains 5 Common Financial Mistakes That You Can Avoid –
1) Excessive spending – Immense wealth has been lost one dime at a time. Every penny saved counts and it could go toward making essential payments.
2) Falling behind on Payments – This is a cycle that is difficult to break out of. It pushes you into a deeper debt cycle and living paycheck to paycheck.
3) Going without assurance – assurance is your safety net in any unforeseen event where an immediate funds movement and security is required.
4) Not having a financial plan – Without a #financial #plan you do not move forward to reaching your #financial #goals. Financial plan will help you decide when, where and how much money to invest.
5) Not saving for retirement – Start saving and #investing now to maintain or improve your lifestyle after retirement.
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