People Are Sharing The ‘Normal’ Money Habits That Can Financially Ruin You, And I’m Taking Some Notes

3.

“Not leaving proper cushion in a budget for things to go wrong.”

–Didntlikedefaultname

“Doesn’t even need to be for emergencies. My older brother once wrote out a laughably simple budget to justify that he could buy an expensive car.

High school version of me pointed out, ‘I guess I won’t be getting any birthday or Christmas presents from you going forward’, and suggested he try living within that budget for a year before buying the car (a concept he didn’t understand… Just not spending everything that came in).”

–temota