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8 Money Mistakes to avoid in New Financial Year

Updated: Apr 21, 2023

As we step into the new financial year 2023-24 (FY24), it's important to be aware of the common financial mistakes that can cost you dearly.

#1: Inadequate emergency fund


#2: Leaving insurance out of your financial planning


#3: Procrastinating tax planning


#4: Investing without a financial goal


#5: Not upskilling for uncertain time


#6: Making a retirement plan without accounting for inflation


#7: Defaulting on loan EMIs and credit card dues


#8: Not reviewing your credit report


Disclaimer : Above content purely for Educational purpose, Do your own research before taking any position.


Source : Moneycontrol


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