Top Money Mistakes and Ways to Avoid Them to Build Financial Security

Top Money Mistakes and Ways to Avoid Them to Build Financial Security
The likeness of Benjamin Franklin is seen on U.S. $100 bills, in Marple Township, Pa., on July 14, 2022. Matt Slocum/AP Photo
Tom Ozimek
Tom Ozimek
Reporter
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April is Financial Literacy Month, and a number of personal finance experts have shared with The Epoch Times their perspectives on the common mistakes Americans make when managing their hard-earned money—and tips for avoiding them.

The following examples are among the most common financial mistakes that may prevent you from reaching your financial goals this year—and beyond.

Not Having a Budget

Many people mismanage their finances by not having in place a clear budget to track inflows and outflows of money.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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