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

Mistake: Shopping When Depressed, Lonely or Bored

Retail therapy can result in spending money recklessly on things you don’t need in an attempt to make yourself feel better. Plus, if you use credit cards for your impulse purchases and don’t pay off the bills before interest charges accrue, you’ll rack up an endless cycle of debt, which is one of the biggest financial mistakes you can make.