Nov 17, 2024, 05:56 PM IST
Living beyond your means: Overspending on wants rather than on needs may harm your own wealth.
Not making investment or savings: No creation of a personal emergency fund, or money just was kept idle rather than being invested.
Not paying credit card bills: If you are taking debt or not paying credit card bills will hamper your wealth directly.
No financial planning: The lack of financial goals, failure to plan for retirement or failing to include insurance coverage, directly destroys the wealth.
Impulsive shopping: Making impulse buys because of sales promotions or joining any "buy now pay later" program.
Addressing these habits early can help you build and sustain wealth in the long run.
This information is not DNA's opinion but obtained from media reports