10 Nasty Money Habits to Kick from msn.com

[ajapale]

This (american) article from msn.com is interesting. (I think we can safely ignore no7!)

• Spending without a budget.

• Carrying a balance on credit cards.

• Ignoring interest rates.

• Not investigating disability insurance.

• Failing to see how little purchases add up.

• Not matching employer's contribution to retirement.

• Waiting until the last minute to fund IRA.

• Paying everyone else, saving "what's left."

• Not managing your investments.

• Getting emotional about your investments.

 

[CCOVICH]

For clarity, the Irish equivalent of an IRA would be a PRSA.

 

[aircobra19]

Nice reminder! Excuse me while I go kick my own butt into gear on some of this stuff!

 

[mell61]

I'd add...
Assuming you will always be paid more in years to come... its pretty easy to fall behind average salary if your company has 1 or 2 lean years with no pay increases!

 

[ClubMan]

Or pay increases below inflation!

 

[aircobra19]

Relying on a partners income which might decrease in the future. No paid maternity, illness etc.