5. Having a Lifestyle Beyond Means

Spending beyond one’s mean has become sort of a habit after the invention of plastic money. Credit cards have converted people into short-sighted dullards. As payment gets delayed with the use of credit cards, people, especially men, tend to forget that the payments need to be made eventually. Most guys love living life king-size and are willing to go to any means to achieve it. This mind-set is very dangerous as it can push people to illegal activities. Men of the present generation are allured by the glitz and glamour so much that they tend to get blinded in the process and end up spending a fortune on material things.

6. Ignoring Daily Expenses

Most men find it below their status to tend to daily expenses. They would rather pay attention to monthly expenditure than meager daily ones. Daily expenses should not be ignored as they, if kept unchecked, can eat up one’s salary in no time. As more and more men take to Western culture, so do their habits. They prefer dining and wining only at branded and posh places. After all, it’s all about appearances for most men at the end of the day. As little drops make up an ocean, small unchecked daily expenses can amount to a very big number. So, if men want to secure their financial position, they will have to manage their daily expenditure.