The Top 5 Ways You Are Losing Money
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Description
Whether you're in a good financial position or not, we are all trying to save money put ourselves in a better place. However, did you know that there are certain...
show moreCheck out these 5 ways that Financial Expert Suze Orman says we are losing money:
1. Don't lease a car. It's the most expensive way to operate a vehicle and you don't ever own the car.
2. Don't miss out on match money. If you have a 401(k) or 403(b) at your workplace and they offer a match, take it! If not, you are losing out on free money and the potential growth on it as well.
3. Don't take a tax refund. Now we're not saying to accept your tax return if you get one, we're more so here to say that a tax refund is a result of the government taking too much out of your check that should stay there!
4. Don't let your wallet get sloppy. Your wallet is a picture of your life and if you let things get sloppy because it represents how you think about money and managing finances.
5. Don't become a landlord. House flipping is a dangerous game and if done wrong, it can leave you bankrupt. Not to mention that being a landlord often creates stress that outweighs the value of income that you're receiving from the property.
Information
Author | 90.9 KCBI-FM |
Organization | 90.9 KCBI-FM |
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