I turned 34 last week and here are 34 financial mistakes to avoid:

1️⃣ Not having a monthly budget
2️⃣ Not making money while you sleep. (passive investments)
3️⃣ Not negotiating a salary when starting a job
4️⃣ Lending money to friends when you can't afford it
5️⃣ Not having an emergency fund
6️⃣ Having unrealistic financial goals
7️⃣ Forgetting to cancel subscriptions you don't use
8️⃣ Paying more tax than you should without realising
9️⃣ Not taking out insurance
1️⃣0️⃣ Not outsourcing labour that you can sell your time for and earn more
1️⃣1️⃣ Paying off the wrong debt first
1️⃣2️⃣ Unnecessary spending
1️⃣3️⃣ Living from hand-to-mouth because of poor money management
1️⃣4️⃣ Spending too much on your house
1️⃣5️⃣ Renting a space that's way larger than you require
1️⃣6️⃣ Not investing in retirement
1️⃣7️⃣ Not investing early
1️⃣8️⃣ Investing too little
1️⃣9️⃣ Not having a plan
2️⃣0️⃣ Taking too little risk
2️⃣1️⃣ Dining out a lot when it exceeds your entertainment budget
2️⃣2️⃣ Making major purchases without comparison shopping
2️⃣3️⃣ Reluctance to pursue financial education
2️⃣4️⃣ Getting behind on your payments
2️⃣5️⃣ Quitting your job without a plan
2️⃣6️⃣ Making financial choices out of fear or pressure
2️⃣7️⃣ Saving money by dropping your health insurance
2️⃣8️⃣ Figuring things weill work out fine
2️⃣9️⃣ Putting off savings for retirement until...
3️⃣0️⃣ Lying to your spouse about money
3️⃣1️⃣ Combining finances before you are married
3️⃣2️⃣ Putting the wedding or honeymoon on a credit card
3️⃣3️⃣ Buying to impress
3️⃣4️⃣ Not remembering the holidays in your year-round budget

Have a Merry Christmas and a Happy New Year

By Oluwatosin Oladeinde.

Cc: lalasticlala seun mynd44 Dominique

Ah! No. 7 is the gospel! I currently dey beg Skillshare to send me my 14k back.

No. 2...please can you clarify? What good investments can one go into... I'm looking for a 20% annual returns

Financial advisor wey no get shishi na suegbe