What’s the biggest financial mistake that you can make?
I’ll let you think about it for a second. Is it choosing the wrong investments? Not saving for retirement? Or keeping a balance on your credit cards? Excessive spending?
There’s a place for all of those. But I don’t think that’s the biggest mistake we can make when it comes to money is procrastination.
We all procrastinate, we all push things off at times. Even when we know we shouldn’t.
And that’s especially true when it comes to money. We know in the back of our heads that we should probably look at our spending habits, we should probably save for our retirement,
And yet we do nothing.
So how do we overcome this? My number 1 tip is to get accountability. It could be a friend, it could be a group of friends, or it could be a financial planner.
I’ve actually implemented this in my own life, for my own finances, as well as for my business, and it works!
Because when you have something to hold you accountable to do certain things, you simply get them done. It’s too embarrassing to go back to your accountability partners and tell them you didn’t do what you said you were going to do.
So if you want to improve your financial life, find someone to help keep you accountable!