{"id":1135,"date":"2014-12-29T00:00:52","date_gmt":"2014-12-29T00:00:52","guid":{"rendered":"http:\/\/www.thompsonlawsd.com\/?p=1135"},"modified":"2014-11-11T21:24:48","modified_gmt":"2014-11-11T21:24:48","slug":"common-financial-mistakes-avoid","status":"publish","type":"post","link":"http:\/\/www.thompsonlawsd.com\/common-financial-mistakes-avoid\/","title":{"rendered":"Common Financial Mistakes to Avoid"},"content":{"rendered":"\"Common<\/a>\n

When it comes to healthy financial decisions, more often than not, it\u2019s deciding to avoid making certain mistakes that will leave you with the most in your savings. Unfortunately, there are a number of common practices far too many people unquestionably take part in that puts their money at risk.<\/p>\n

One good example of this is an auto title loan. When you need quick cash, it might make sense to use your title as collateral. Most people don\u2019t have too much of an issue paying the loan back either. The problem is that the high interest rate usually makes paying back the rest of it pretty difficult. Many people actually end up taking out a second auto title loan to pay off the first one. These are just never a good idea, especially when compare them to other loan options that are way better.<\/p>\n

A far more common mistake, though, is not putting your money to work. While everyone should have some version of a healthy investment portfolio under their belt, it\u2019s just as important that your savings don\u2019t simply stay put. Without using a vehicle to help them grow, inflation will soon ruin your attempts at being fiscally responsible. Consider 401(k)\u2019s, IRA\u2019s, CD\u2019s, and other reliable methods of keeping your money safe, while earning a little extra.<\/p>\n

Speaking of which, every year you should be reviewing your bank\u2019s programs and comparing them to others. Far too many people pay big banks a lot of overhead for everything from ATM fees to checks when they could be getting the exact same services for far less from a competitor.<\/p>\n

Lastly, but along the same lines, review your credit cards too. If you\u2019re paying more than the average 16% in interest, you\u2019re getting burned. Look for companies that charge less and offer the types of rewards you\u2019re most likely to actually use.<\/p>\n

Sources:<\/p>\n

http:\/\/money.usnews.com\/money\/personal-finance\/slideshows\/9-scary-things-consumers-do-with-their-money\/2<\/a><\/p>\n

http:\/\/www.dailyfinance.com\/2014\/01\/03\/14-money-mistakes-avoid-2014\/<\/p>\n","protected":false},"excerpt":{"rendered":"

When it comes to healthy financial decisions, more often than not, it\u2019s deciding to avoid making certain mistakes that will leave you with the most in your savings. Unfortunately, there are a number of common practices far too many people unquestionably take part in that puts their money at risk. One good example of this […]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[12],"tags":[],"acf":[],"yoast_head":"\nCommon Financial Mistakes to Avoid - Bankruptcy Lawyer<\/title>\n<meta name=\"description\" content=\"The Thompson Wedeking Bankruptcy article library provides all the information you need on Chapter 7, Chapter 11, and Chapter 13 Bankruptcy.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/www.thompsonlawsd.com\/common-financial-mistakes-avoid\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Common Financial Mistakes to Avoid - Bankruptcy Lawyer\" \/>\n<meta property=\"og:description\" content=\"The Thompson Wedeking Bankruptcy article library provides all the information you need on Chapter 7, Chapter 11, and Chapter 13 Bankruptcy.\" \/>\n<meta property=\"og:url\" content=\"http:\/\/www.thompsonlawsd.com\/common-financial-mistakes-avoid\/\" \/>\n<meta property=\"og:site_name\" content=\"Bankruptcy Lawyer\" \/>\n<meta property=\"article:published_time\" content=\"2014-12-29T00:00:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2014-11-11T21:24:48+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.thompsonlawsd.com\/wp-content\/uploads\/2014\/11\/iStock_000020777197_Small-300x198.jpg\" \/>\n<meta name=\"author\" content=\"Anthony Thompson\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Anthony Thompson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"http:\/\/www.thompsonlawsd.com\/common-financial-mistakes-avoid\/\",\"url\":\"http:\/\/www.thompsonlawsd.com\/common-financial-mistakes-avoid\/\",\"name\":\"Common Financial Mistakes to Avoid - 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