16 Biggest Financial Mistakes You’re Probably Making and How to Fix Them

Mistake: Upgrading to the Newest Cellphone

Owning the newest phone is tempting but unnecessary, especially if your existing phone works just fine. With the newest iPhone models starting around $699, upgrading your family’s phones to the newest models can cost a lot of money. Payment programs are often available, but you’ll probably pay more than the purchase price, depending on interest charges.