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5 Massive Money Mistakes I’ve Made
Posted By Ron On March 7, 2008 @ 12:18 AM In Life | Comments Disabled
Managing your money takes time, effort, initiative, and more than a little knowledge, but the most important aspect to successfully manage your personal finances is ATTITUDE. What is the proper attitude to have? I think it’s one that fiercely guards your resources and doesn’t allow anything to drain them away. But, that attitude must be balanced with a spirit of giving and the willingness to enjoy simple things such as eating a $3 candy bar. 
For too much of my life, I had one of the worst attitudes toward money and today I’m regretting it. It’s the attitude of procrastination.
Here are MY top 5 massive money mistakes:
1. Believing that “future Ron” will be wealthy enough to take care of everything from children’s weddings and college educations to paying off credit cards  with high interest rates. Today I’m playing catch up. I’m working to increase my Roth IRA contributions so that I’ll have a little more for retirement, I’m very concerned with the kids education even though I have pretty hefty 529 plans on all three. I’m also concerned because my oldest will be wanting a vehicle soon. My daughters will be possibly getting married in about 10 years (hopefully a little longer ).