Mistake 7 # Having Unrealistic Expectation

Spiritual Gurus may suggest to keep up your hope in any trouble situation, but financial Gurus do not consider it to be always healthy. Stock markets have been on a roller costar ride since the economic reforms and providing rewarding returns but expecting the market conditions to be similar always. Such expectations may drag you into stern troubles. You must keep a check about the market twists and turns and consult your financial advisor accordingly.

Mistake 8 # Not Sticking To the Budget

You cannot control the unexpected but you can obviously prepare yourself for one. Making a budget and sticking is where you can get yourself started. Often people fail to save money due to their extravagant spending money habit. It is very much important that you prepare a monthly budget and stick to it monotonously. This will not only help you save money on regular interval of time but also help you have money when there is an actual crisis.

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