Here’s how you can avoid some common money mistakes in the New Year
Live MintWhile personal finance strategies can vary based on individual circumstances, here are some personal finance mistakes you should try to steer clear of in 2024. Start a retirement plan by investing in mutual funds or pension plans issued by life insurance companies. Learn about different investment options and create a diversified investment portfolio aligned with your financial goals and risk tolerance. Not seeking professional advice: A personal finance professional that has your best interests in mind will ensure that you don’t end up with wrong products, whether it is do with investments or insurance. Consider consulting a professional in 2024 to review your financial situation, establish goals, and create a comprehensive financial plan.