6. Not Having Adequate Insurance

The newer generation does not believe in insurance. So, the tremendous increase in variety of insurance advertisements on television. Apart from reaching their targets, these insurance companies are trying to help us after all. So, do not shirk away from insurance. If getting life insurance bugs you presently, then get other relevant ones – medical and health insurances. But get adequate insurances at the appropriate time. Life is too unsure to be left to chance. So, if you are unsure about the kind that suits you, seek professional advice. Think of insurance like an investment. It will reap its rewards in the future.  

7. Not Saving for Retirement

We all think that we have saved or are saving enough for retirement but the scenario is changing. With the Budget hiking prices across almost all sectors, cost of living, and not standard of living, is escalating with the passing minute. So, chalk out a map as to how much money you will require to lead your kind of lifestyle when you retire. This might not seem like a big deal but should be compulsorily done. No one would want to depend for money one anyone, even our children. There are a couple of sites that even help you calculate this amount. So, go ahead and secure your retired life.