Not reviewing the terms and conditions 

It is important to review and understand the terms and conditions of any financial transaction, including loans, credit cards 

Overlooking fees and charges 

Fees and charges can add up quickly and significantly impact your financial health. It's important to read the fine print 

Failing to budget 

Not having a budget can lead to overspending and debt. It's important to create a budget and stick to it to avoid financial mistakes. 

Ignoring credit score 

Your credit score plays a significant role in your financial transactions, including getting approved for loans and credit cards.  

Making impulsive decisions 

Impulsive financial decisions can lead to poor financial outcomes. It's important to take the time to consider your options 

Not saving for emergencies 

Emergencies happen, and it's important to have savings to cover unexpected expenses. Not having an emergency fund can lead to taking on debt 

Not diversifying investments 

Investing all your money in one asset class can be risky. It's important to diversify your investments to mitigate risk. 

Falling for scams 

Scams can lead to significant financial losses. It's important to be aware of common scams and protect yourself from them. 

Not reviewing statements 

It's important to review your financial statements regularly to catch errors and unauthorized transactions. 

Borrowing more than you can afford 

Taking on debt that you can't afford to repay can lead to financial problems. It's important to borrow only what you can afford to repay.