What financial mistake do you think most people make these days?

Spending beyonds.one income is the biggest mistake people make with money No doubt about it I don't do that. I never have And as a result , we have a bit of money and no debt

My wife is an impulsive buyer. She usually runs out of budget because of that attitude.

taking out loans they cant pay back, or buying stuff they cant afford

Credit card debt. In the US alone credit card debt is 1.18 Trillion dollars or about 9,000 dollars per household. When I was first married, we got in over our heads in credit card debt but worked it down by sacrificing all extras. Today, my house and vehicles are paid for, we have zero credit card debt and will be current in property taxes by April of 2026. Carrying debt can cripple a person financially.

Honestly, one of the biggest financial mistakes people make? I feel its saving only what's left. Like, spend everything first, and then if there’s anything left at the end of the month — that’s what goes into savings. But let’s be real… there’s never anything left. If you want to actually save money, you have to flip that mindset. Pay yourself first. Set aside a certain percentage right when you get your income — before anything else. Even if it’s small. Even if it feels pointless. Because saving isn’t about the amount — it’s about the habit. Waiting to save what’s left is like hoping for leftovers when everyone’s already eaten. If that is your mindset about saving, you’ll be left with crumbs — or nothing at all.

Many people just aren't good with money, period. That's why there are only so many rich people and many more poor people. The rich know how to maximize and grow their money. The poor know how to spend and minimize it.