Here are three financial traps that you need to avoid at all costs that could leave. You broke forever number three, not saving when things are going really well, it can be super hard to set aside and save your money. However, you can't predict the future. So, setting aside a consistent amount month over month is a great way to prevent yourself from being unprepared when something expensive inevitably happens, number two is going to be increasing your cost of living with your income picture.

This you get a raise at work and now you're taking home an extra 400 a month a lot of the time. What will happen is that, with the extra money your cost of living will increase the same amount as your income, so be aware this and put the money to other uses that will leave you feeling more satisfied with your hard earned money, and this here is an Important tip and it's carrying debt, a lot of credit cards are marketed to make you spend more than you can afford. The bank wants to make money from you by having you do this, so don't fall into the trap and pay off your entire balance. At the end of the month now, on this channel we teach a lot of financial tips, not only how you can save money, but how you can find yourself.

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