How to Keep Your Money
Want to Keep More of Your Money? Here's What Not to Do
Filed in:
Autos,
Banking,
Bills,
Cars,
Frugal tips,
Healthcare
Instead of a parent wagging a finger at you, Time offers this list of "don't"s that are meant to help you better manage your money by avoiding some all-too-common traps that can wreak havoc on your budget.
"Here are nine scenarios in which it's easy to overpay, get scammed, or come out on the losing end of negotiations.Don't … borrow to pay for luxuries and splurges. And yes, that includes using a credit card when you can't pay off the balance in full--because if this is how you operate, you're basically taking out a loan whether you think so or not, and the terms of the loan are pretty awful. Liz Weston says that the only luxuries you should buy are ones you can pay for in cash..."
