![\"mistake-1966460_1920\"](\"https:\/\/wp-media.beliefnet.com\/sites\/258\/2019\/01\/mistake-1966460_1920-300x191.jpg\")
We all make mistakes, right? Marital arts guru Bruce Lee once said,\u201cMistakes are always forgivable, if one has the courage to admit them.\u201d When you admit mistakes, you can learn from them.<\/p>\nWe all make mistakes, right? Marital arts guru Bruce Lee once said,\u201cMistakes are always forgivable, if one has the courage to admit them.\u201d When you admit mistakes, you can learn from them.<\/p>\n
As we begin the new year, maybe we should resolve to avoid repeating mistakes of the past. Here are a few\u00a0you don’t want to repeat.<\/p>\n
Trusting Someone You Don’t Know:<\/strong>\u00a0One is being burned\u00a0financially. Once you are burned by a bad deal, you learn the lesson of carefully reading any contract, lease, or agreement you sign. For example, when I was younger, my husband and I sublet a house from a man who had the original lease. We never looked at the original lease, rather trusted him. When we moved out, we got stuck with all the deposit fees due to changes and damage he had done to\u00a0the house before we ever lived there. The house owners held us responsible because he was nowhere to be found when we moved out. And we had agreed to keep his sports car in the garage for the entire time we lived in the house! We helped him and he took advantage of us. After that, we read every lease or renters’ agreement carefully. That was a financial mistake we did not repeat.<\/p>\n Not Doing Your Due Diligence<\/strong>: Another mistake is to believe\u00a0something that is too good to be true. If it sounds incredible, it probably is a scheme. I can’t tell you the number of people who have believed a very convincing con person to invest in get rich quick schemes. A great deal of money has been lost as a result. If it seems too good to be true, do your due diligence. Most often, get rich quick schemes and scams can be researched on the net. So before you give your hard earned cash to someone, complete an\u00a0investigation. Ask questions, get references, check with the Better Business Bureau and more. And tell your elderly parents not to give information to anyone over the phone. Cons target the elderly who are more trusting of people who call them and offer them help.<\/p>\n Operating your life without a budget:<\/strong>\u00a0So many people do this and find themselves in financial trouble.\u00a0\u00a0Developing and sticking to a budget, personally and professionally, forces you\u00a0to make thoughtful choices about what you\u00a0want versus what you\u00a0need. Once you understand how much you\u2019re spending and what you\u2019re spending it on, you can make better choices. For example, do you have a coffee budget? This may sound silly, but my morning latte at my favorite coffee shop can cost me around $1000 a year. If I can afford that, fine. But if I am struggling, might be better to brew my own coffee in the a.m.<\/p>\n The point is that smart people learn from their mistakes and don’t repeat them. if you make a mistake, don’t beat yourself up. Rather review where you went wrong and correct the mistake. If you repeat a mistake over and over, it is not a mistake anyone more–it is a decision!<\/p>\n","protected":false},"excerpt":{"rendered":" We all make mistakes, right? Marital arts guru Bruce Lee once said,\u201cMistakes are always forgivable, if one has the courage to admit them.\u201d When you admit mistakes, you can learn from them. As we begin the new year, maybe we should resolve to avoid repeating mistakes of the past. Here are a few\u00a0you don’t want…<\/p>\n","protected":false},"author":419,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[913,914],"tags":[4344,4340,4346,4343,4345,4341,4342],"class_list":["post-10584","post","type-post","status-publish","format-standard","hentry","category-couple-relationships","category-family-relationships-2","tag-error","tag-financial-mistakes","tag-learning-from-mistakes","tag-life-errors","tag-life-mistakes","tag-mistakes","tag-money-smart"],"yoast_head":"\n