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

Solution: Diversify Your Investments

Diversification will prevent all of your eggs being in one basket at the same time. The safety and liquidity of your bank account is important for an emergency fund, but to keep up with inflation, consider opening a small stock market account and use one portion to buy stock in a few stable companies and another portion to buy registered securities such as corporate or government bonds.