11 Top Financial Mistakes That Cost You

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You probably already know the three big mistakes most people make: not having a budget, carrying large credit card debt, and not saving for retirement. But there are some other everyday mistakes that you might not realize.

Knowing these financial pitfalls can lead to a more stable life and help you plan for retirement. Here are 11 financial mistakes that you should recognize and avoid.

1) Buying That Shiny New Vehicle

Car payments are insidious. They erode your monthly income. Buying a new vehicle instead of a used vehicle costs more than you think.