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Sinopsis

Forbes Magazine published a list of common money mistakes many of us make.   Which ones are you making? 1.  Not having a budget.  Chances are you have more than Matt’s three monthly expenses and unless you’re budgeting, you can’t keep track of them.  No need to be old fashioned and create a spread sheet. There are plenty of online tools available to make this a painless process. 2.  Avoid bank fees.  Bank fees are for suckers.  There are plenty of banks that don’t charge you for the privilege of housing your money while paying you crap interest. 3.  You have no emergency fund.  There are different definitions of what an emergency fund is.  For some it’s $1000 in a checking or savings account.  For others it’s a year’s worth of expenses invested.  For most of us, it’s somewhere in between and having any emergency fund is better than none. 4.  5.  Not taking full advantage of matching 401K funds and not contributing from your first pay check.  What if your employer doesn’t match?  It’s still worthwhile to c