Wednesday, May 16, 2012

Financial IQ: Money Mistakes Everyone Makes

A diagram showing the front side of a typical ...A diagram showing the front side of a typical credit/debit card. (1) is the bank logo. (2) is the EMV chip (commonly referred to as 'Chip And Pin') (3) is the Hologram (4) is the 16 digit card number (5) is the logo of the card type (6) is the expiry date (7) is the name of the cardholder (Photo credit: Wikipedia)
Financial IQ Philippines Quick Hit(s):

Knowing and applying money management in our life is essential.  Money management includes proper usage, saving, and investing on the right investment vehicle.


Money Mistake #1: You Used Your Debit Card to Pay for Gas, an Appliance, a Rental Car, Reserve a Hotel Room or Anything Online
Money Mistake #2: After a Financial Crash, You Transferred Your Savings to "Safe" Investments
Money Mistake #3: You Forgot What Pampering Yourself Really Means
Money Mistake #4: You Started to Pay Extra on Your Mortgage to Pay Off Your House Early
Money Mistake #5: You Paid Too Much in Fees
Money Mistake #6: You Fell in Love


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