3.You think it is too early to start saving
When you are young, it is easy to get carried away by the various pleasures money can buy. People often think that right now is too early to start saving or investing. Wrong! It is never too early to save a portion of your income, no matter how low or high your income is!
Start saving today! In fact, experts say that you should save before you spend. Keep aside a portion of whatever money or income you get, and then spend the rest!
4.Not keeping a record of your money
We all think that we know where our money comes from and where it ends up. Sadly, that’s not true for most of us. We might be aware of our major expenditures, but the small things usually eat up our finances more than the big ones.
It is an excellent idea to start keeping a journal for all your income and expenses, whether they are huge or small. This way you will have a much better idea for controlling your finances.