The worst time to buy Halloween paraphernalia is the month before, and the worst time to buy winter gear is in the winter. So, why not buy your fall clothes for next year when they’re “so last season” and stores are eager to dump them to make room for high-priced items? Buying items one to three seasons behind their price peak guarantees you’ll get a bargain.
It’s tempting to spend money on impulse buys when you’re caught up in the passion of sales galore. But you wouldn’t want to come home from the supermarket with a 20-pound cheese wheel you bought on a whim ― right? Make a list of what you need at the store and stick to it.
Missing Out on Matching Contributions
A 2017 study from Alight Solutions estimates that 21 percent of American employees fail to contribute enough to their 401k plans to generate their employer-matching contributions. Don’t be one of these people ― take advantage of this free money that can fund your retirement.
Lacking a Clearly Defined Plan
From shopping trips to investment moves, it’s futile to sweep the numbers under the rug and hope for the best. You need a plan to get the most of your money and avoid costly errors.