• Living Paycheck to Paycheck

One of the biggest mistake many people do is spending every penny they earn. When you sped your entire paycheck into expenses, shopping and bills there is nothing left for your future. It creates daily stress that even small expenses like car repair or medical bill-can force you to borrow money from someone. 

In many cases it's not because of low income. It's the result of lifestyle inflation. Solution is to start with yourself first. Put aside a portion of every paycheck for saving before spending it, even if it's 10% only. Overtime, these consistent and small savings can provide financial security.