Money makes the world go round, but it can also make it feel like it’s going to stop when things go wrong financially. We’re often not taught enough about healthy money habits when we are young, and these things can come back to bite us when we are older.

It’s essential to be knowledgeable about things surrounding finances, and ask questions before jumping into something. For example, you might want to find out if pre-settlement loans are safe before you decide to go for one or know how to choose a bank account. Here are some money mistakes we are all guilty of.

Burying your head in the sand

Getting into debt is easy and getting out of it is a lot harder, but it’s almost impossible if you just bury your head in the sand and avoid even looking at the situation. Try to keep track of what you owe, and to who and be honest with yourself about your money situation. You can’t change anything unless you know what’s going on.

Being caught out by shiny deals

Sales might seem like good value, but they often encourage us to spend more than we were initially planning and make us think that we’ve got a bargain. For example, in the frenzy of Black Friday, customers get so caught up in the drama and excitement, they don’t really think about what they are buying and this can result in buyers remorse and a waste of money. When you are purchasing anything – big or small – it’s wise to really consider the purchase and think about whether it is something you actually want or need.

Not shopping around

We love convenience and are a society of people who are used to instant gratification, so the thought of shopping around to find the best deal might seem a little boring. That said, it’s easier than ever to check prices across a whole load of different stores, without even leaving your couch, so before you hit that ‘checkout’ button on your cart, do a quick Google to see if you can find any voucher codes, cashback sites or places where the item is cheaper.

Spending what we don’t have

In order to keep up with the Jones’, we may find ourselves putting things on credit cards, or buying stuff on finance that we can’t really afford. Before you know it, you’ve racked up a whole load of debt on things that probably don’t really matter much in the long run. Finance and credit cards can be beneficial, but it’s essential to use them with caution and be aware of what you’re spending. Set limits and stick to them, and for everything else, try saving up.

Money doesn’t have the power to make you happy, but struggling with money sure can make life seem a whole lot harder, so try to avoid these mistakes and make life easier for yourself.