28 Mistakes That Destroy The Financial Life Of people ---

A Mega Thread -

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Inspiration- @FI_InvestIndia @warikoo

Grab Your Cup ☕ of Coffee and let's Get Started --

1. Buying insurance policies for investment purpose:

Have you invested your money in insurance plan to get a return in future?

Big mistake! Out of 100 people I have spoken, 95 have made this mistake..

Very few people understand the difference between term plan, endowment plan, etc.

2. Not able to crack the credit card mystery:

Are you paying the minimum amount due on your credit card payment?

If yes, you are trapped in credit card mystery.

On the other side, very few people really enjoy the benefits like free lounge access, buy one get one movie ticket, etc.