Top 5 Most Common and Potentially Devastating Financial Blunders

No. 2: Not keeping track of your expenses

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This might not seem like a major faux pas, but think of it like this: if you don’t know where and how you spend your money, how can you realize if you’re living above your means or not? Keeping a log of your expenses doesn’t take more than a few minutes a day, but it can help you a whole lot in the long run. Tracking your spending habits is the easiest way of ensuring you don’t break your budget and can help prevent you going into debt.