7 Financial Mistakes Pushing You Closer to Poverty

Lots of people struggle to save and plan for the future because they don't track their earnings and expenses regularly.

Don't feel pressured to keep up with others' lifestyles, as it can lead to overspending. Stay focused on your financial goals and avoid comparisons.

Be ready for unexpected events such as medical bills or job loss by saving enough to cover 3-6 months of living expenses.

To escape debt, find ways to increase earnings or reduce expenses, breaking free from living paycheck to paycheck.

High-interest credit card debt can be stressful. Focus on reducing it as quickly as you can to ease the burden and regain financial control.

As time goes by, inflation can lower the worth of your money. Invest your savings smartly to increase your wealth and reach your future financial objectives.

Watch out for quick wealth schemes; they're usually scams that can harm you. Concentrate on growing wealth with trustworthy, long-lasting methods.