1. Not Investing: There’s a distinctive difference between Saving and Investing. Getting into the Habit of Investing helps you secure Financial Freedom. The art of Investing is designed to help you assert your Financial goals with the help of Investment vehicles that generate interest, returns and income Direct your money.

2. Poor Money Management: Failure to Budget for your Income. It’s impossible to build wealth when you’re always wondering where your money went.

3. Engaging in High Interest Debt: What interest are you being charged on your debt? Don’t be enticed by the monthly repayment amount, do your due diligence by checking the Interest on your debt and assess how that impacts your Budget and cashflow.

4. High Purchase of Depreciating Assets: Constant need to keep up with trends. Cars, phones, gadgets. If it still works, don’t replace it.

5. Insurance Fears: Insurance is not an Investment plan it is risk management that helps protect your valuables. Shop around for Insurance products that suit you. Responsible people Insure. These are among the many money mistakes we make as individuals. In the Year of the Investor, educate yourself further on Money Management in order for you to achieve Generational Wealth and Financial Freedom.