Phil's Personal Finance Tip of the Day:
The Dumbest Things You Can Do With Your Money
By Sarah Kaufman | Manilla.com
When it comes to managing money, we all know what we should do: save money, build credit, keep a budget and avoid overspending. But if we don’t do those things, what could happen? How screwed will we really be? And the real question — how dumb is it? When it comes to silly money mistakes, these take the cake.
Pay your bills late. A lot of people make late bill payments because they forget — not because they don’t have the money. That means that this money mistake will not only cost you, but it’s also completely avoidable. Paying your credit card bill late usually results in a late fee, so consider setting automatic reminders for yourself so that you pay your bills on time.
[More from Manilla.com: How Do I Join a Bill Reminder Service?]
To read the entire article from Sarah Kaufman | Manilla.com:
http://finance.yahoo.com/news/dumbest-things-money-124516088.html
Dream as if you'll live forever, live as if you'll die today. -James Dean
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