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Avoid These Money Mistakes This Fall

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Avoid These Money Mistakes This Fall

Posted On: September 28, 2022 by Exchange Bank of Northeast Missouri in: Financial Education, Personal Finances

As the weather gets cooler and summer becomes fall, it’s important to tighten up your budget, especially before the holidays. Don’t let the busyness of fall and back-to-school lead to overspending or big money mistakes. Maintain your budget this fall by reading up on the 10 most common money mistakes to avoid.   1. Not Setting Your Fall Budget  A huge mistake we all tend to make during the fall is not adequately planning out activities – especially the pricy ones and setting an accurate budget for them. Overspending on activities is a huge factor that may take you over budget. Between kids activities, tailgating season, and soaking up the last of the nice weather in full swing, be prepared and do as much planning as you can in advance.   2. Not Budgeting for Gifts   Fall time means the holidays are just months away. If you haven’t already, start budgeting for your holiday plans – plan for activities,