You Really Can Recover From Dumb Money Mistakes

Mistakes of various types are almost inevitable. How you deal with them is what matters. G-Stock Studio/Shutterstock

During the 13 years it took for my husband and me to get out the horrible debt mess of my creation, I learned how important it is to deal with mistakes as they happen so they don’t morph into major setbacks.

No one is perfect. You’re going to make mistakes, and when you do, you need to know how to react and what to do to minimize the damage.

Undo It

You may have signed a contract too hastily or agreed to terms you now regret. Perhaps it was an impulsive purchase. You may be able to cancel the agreement or return the purchase for a refund. Move quickly to make every reasonable attempt to get out of it.