Top 10 Financial Mistakes to Avoid in 2010

May 4, 2010

Author: William M. Davis

It was only after my first accident that I really became a good driver. It taught me to become more aware of my surroundings and other road users. Now I drive at a controlled speed and have not been in an accident since. It is in the same way, when we analyze the financial disasters of 2009, we learn from our experiences to ensure that we do not repeat the same mistakes for 2010.
Many of us made New Year resolutions on the stroke of midnight when we welcomed the New Year, some of which should help us avoid financial …

Worst Financial Mistakes that Could Haunt you for Years

November 24, 2009

Author: William M. Davis

Everyone makes errors, especially in finance, but some prove to be more costly than others. Such financial mistakes could haunt you for years or even your entire lifetime. Let us see some of them here:

Using Credit for Basic Living Expenses: A recent survey reported that 4 out of 12 months, credit card debt was used for basic living expenses in 1/3 of American families on an average. And, half of these people missed or made late payments at least once last year. This is highly dangerous as credit card debts are difficult to pay off and have huge interest.

Signing …