Different people manage money differently and it’s often wired in personal experience, historical preferences and convenience. Sometimes being too attached to your finances might result in overlooking simple features and relevant actions. You may not even know that you are making a mistake or that your money behaviour needs a slight change. Ideally it’s best to identify and rectify such money mistakes as soon as possible.
This week, Nitin Vyakaranam of ArthaYantra, an online financial management and investment advisory company, shares some common wealth-creation-related money mistakes that he has come across during various client interactions.