Money Management: Five financial mistakes that people often commit

Most people believe they are experts at managing their own cash when it comes to personal financial management. 

Many people make financial blunders throughout their lifetimes, but the following are ones that need special attention:

 While they continue to live paycheck to paycheck, they neglect long-term planning

Life and health insurance: It's crucial to have both life and health insurance for both oneself and the family.

 you risk missing out on important chances and losing out on the power of compounding.

Starting Late: Although it's never too late to start investing, if you wait until the last minute.


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7.5% on FDs is an inflation-beating rate offered by a Mumbai-based bank.