10 Money Mistakes You’ll Regret in 10 Years

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Failing to make an emergency fund

Learn to expect the unexpected. Getting sick, having a car break down, or needing a home repaired are all expenses that you are pretty much guaranteed to have within the next 10 years.

That’s why an emergency fund is so important — not just to have for a “rainy day,” but to use in case you or your spouse lose your job or there’s a death in the family.

How to avoid it: If you’re budgeting carefully, you’ll find at least a few dollars to tuck away from every paycheck. Make it a goal to save a month’s worth of expenses. Then two, then three. It’ll sting at first, but make your life less stressful in the long run.