These are the top 3 mistakes I see people making today
1. Buying too much house too early
I see people leaving college and buying the biggest house they can afford. This means that have a bunch of empty room and they are probably paying more in interest then they would have been paying in rent. Paying interest is throwing money out the door, make sure you only buy what you need.
2. Not buying life insurance
People are racking up the debt especially in college, then they get married or have a child. If you don't have some life insurance you can leave your family in a world of hurt. It's really easy to get life insurance, and isn't too expensive while you're young.
Life Insurance Link
3. Not checking your credit score
Make sure that you are checking your credit score at least annually. You are able to get a credit score annually for free. You should make sure you are checking it for mistakes and reporting it to the respective credit bureaus. This can save you a lot of money when it some to taking out any kind of debt.
Click here for a link to your free annual credit report
1. Buying too much house too early
I see people leaving college and buying the biggest house they can afford. This means that have a bunch of empty room and they are probably paying more in interest then they would have been paying in rent. Paying interest is throwing money out the door, make sure you only buy what you need.
2. Not buying life insurance
People are racking up the debt especially in college, then they get married or have a child. If you don't have some life insurance you can leave your family in a world of hurt. It's really easy to get life insurance, and isn't too expensive while you're young.
Life Insurance Link
3. Not checking your credit score
Make sure that you are checking your credit score at least annually. You are able to get a credit score annually for free. You should make sure you are checking it for mistakes and reporting it to the respective credit bureaus. This can save you a lot of money when it some to taking out any kind of debt.
Click here for a link to your free annual credit report