2. Maintaining a poor Cibil score:
Paying your credit bills on time is quite important as it will lead to good cibil score. Your cibil score should be well above 700 if you want loans without any hassles.
3. Not having an emergency fund:
You can’t predict future. You have to be well-prepared for an emergency in advance and save for the rough days.
4. Not investing:
You money won’t grow on its own unless you invest. Investing is essential for future.
5. Buying what you cannot afford:
Buying that expensive car? Do you really need it? Ask this question before make that payment. If you can’t afford, it is not worth it.
6. Not saving for retirement:
You have to save for sunshine years. Be financially independent. If you have no pension and no saving, you are surely going to regret it.