7 money-saving mistakes to avoid

Presented by Old Fashioned Homemaking

Just because there’s a coupon, doesn’t mean you have to buy it.

Don’t wait for when the time seems right to save, budget for savings every month.

While it may be tempting to lock in your money, ensure you have a backup plan or it can cost you too much to get at your money.

Be careful with investments and make sure you know exactly what you’re getting into before you get into it.

Don’t gamble with your savings.

Be weary of introductory rates. Plan for the long term instead.

Even when you budget for saving, it’s important to make savings goals, so you are less likely to dip into savings when you shouldn’t.

If your income increases, always make a plan to increase your savings budget.

Old Fashioned Homemaking

Economy & Finance