5. “My Pension Will Secure My Future”

If you fall in this category, then you need to wake up. If you want to live-off only your retirement money, then start saving a lot from today. Salaried people with lavish lifestyles will have to save way more money than conservative spenders. Habit is annoyingly hard to shake off. So, if you like living king-size and want to continue to do so in your retired life, then – save, invest wisely and save more. This is the only mantra for a lavish lifestyle in old-age.

6. “If Only This Item Wasn’t This Pricey”

This statement is a very good indicator of your financial status, especially at the end of the month. If you face this situation at month ends for even basic items, then buck up. Such people are in great need of financial restructuring. Do not consider luxury items for this as they cost like hell anyway. If this is your condition in the middle of the month, then seek professional advice. Remember, prices are bound to go up. So, in order to compensate, increase your income, savings and investments.