Mistakes happen, but you can help avoid many of them with careful planning. The trick is to identify where your troubles may arise, and to take appropriate action before a small hiccup takes a turn for the worse.
Of course, you may consider consulting a personal finance professional for advice specific to your situation, but here are five common pitfalls to avoid:
1. Living Without A Budget
2. Carrying Credit Card Debt
3. Forgetting To Check Credit Reports
4. Failing To Save Money
5. Out-Of-Date Insurance Policies, Wills And Retirement Plans