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Top Money Mistakes to Avoid


Consumers make mistakes, but too many financial mistakes can have a significant impact on your future. Here are some of the top money mistakes to avoid:

1. Late payments
Falling behind on payments can create a cycle of debt that is hard to pay off. Late payments also result in late fees and can impact your credit score.

2. Not making a budget
A budget allows consumers to see where their money is going each month and if there are areas where they can cut spending.

3. Abusing credit cards
Using credit cards for too many purchases can lead to consumers spending more than they can afford and racking up debt.

4. Not setting financial goals
Consumers need to set goals so they have steps to work towards, such as saving for retirement, buying a home, or paying off debt.

5. Living paycheck to paycheck
When consumers live above their means and overspend, they are forced to rely too heavily on each paycheck. One missed paycheck can be disastrous.

American Consumer Credit Counseling (ACCC) is one of the top non profit debt consolidation companies in the U.S., with more than 22 years' experience helping individuals and families consolidate credit card debt and improve their credit management skills. If you're wondering "How does debt consolidation work?" and "How can I consolidate my bills?", we can provide you with debt consolidation information to show you exactly how we can help you consolidate debt without having to borrow money or pay steep fees. If you're considering bankruptcy, we are also one of the approved credit counseling agencies for issuing a pre-bankruptcy certificate as well as providing the post-bankruptcy credit counseling course.

American Consumer Credit Counseling - Consolidate Debts - Better Business Bureau American Consumer Credit Counseling - Consolidate Debts - Mass Housing Approved National Industry Standards for Homeownership Education and Counseling American Consumer Credit Counseling - Consolidate Debts  - Council on Accreditation American Consumer Credit Counseling - Consolidate Debts  - NFCC Member