New Year, New Money Mistakes? The Biggest Financial Pitfalls to Avoid in 2025
Briefly

from 24/7 Wall St.3 weeks ago
As much as you may want to think of 2025 as a new opportunity, old money habits can be hard to break, leading many to fall victim to financial pitfalls.
24/7 Wall St.https://247wallst.com/personal-finance/2024/12/31/new-year-new-money-mistakes-the-biggest-financial-pitfalls-to-avoid-in-2025/
Neglecting emergency savings is a significant pitfall; financial experts recommend having 6-12 months of expenses saved to avoid unexpected financial crises.
24/7 Wall St.https://247wallst.com/personal-finance/2024/12/31/new-year-new-money-mistakes-the-biggest-financial-pitfalls-to-avoid-in-2025/
Overspending on New Year’s resolutions is common; many people buy expensive equipment to get fit, only to find themselves not using it after the initial excitement.
24/7 Wall St.https://247wallst.com/personal-finance/2024/12/31/new-year-new-money-mistakes-the-biggest-financial-pitfalls-to-avoid-in-2025/
One of the biggest mistakes anyone could make in 2025 is overlooking the need for an emergency fund, especially with uncertainties looming in the economy.
24/7 Wall St.https://247wallst.com/personal-finance/2024/12/31/new-year-new-money-mistakes-the-biggest-financial-pitfalls-to-avoid-in-2025/
Read at 24/7 Wall St.
#personal-finance #new-years-resolutions #saving-strategies #spending-habits #financial-planning
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