Everybody should be investing. Most of us lack the time, the skills, and maybe most importantly, the temperament. There are many investing mistakes that you can make; some small, some which could get you into deep financial difficulties.
Investing: the good, the bad, and teenagers
20 Common investing mistakes
If you read nothing else, read this: Tips for avoiding the top 20 common investment mistakes
Why Your Credit Score Could Get a Big Boost This July – if you “lien” the wrong way (The Simple Dollar)
MONEY MANNERS: Living rent-free is not being cheated – A mom moves in with her son and his wife. She pays $60K and they add a mother-on-law wing onto their house. Several years later they sold the house and they all moved into a condo. Did mom get cheated? (money / The Gleaner)
My 76-year-old sister put a $9,000 medical debt on her credit cards – Should this sibling bail her out? Or tell her to declare bankruptcy? (MarketWatch.com)
And financial troubles may extend well beyond your wallet – One in five reveal money troubles are affecting their mental health
Got money problems? The frugal movement might be for you – one woman, a finance journalist from London and author of The No Spend Year. Inspired by the Black Friday sales, and a counter movement called Buy Nothing Day, she decided to cut out all additional spending from her budget. The result: she saved herself over $37,000.
Image credit: valleygirl_tka