Most-Common Money Mistakes: Leaving Accounts All Over
You don't need to be told that managing your personal finances can be tough. Virtually anyone reading this will be able to say truthfully that money is tight in their household. Too many things need to be done, and there's not quite enough income to cover everything. So we all make choices. We prioritize. We postpone.
And, with embarrassing frequency, we also blunder.
In this Motley Fool Answers podcast, co-hosts Robert Brokamp and Alison Southwick have invited certified financial planner Josh Strange, the founder of Good Life Financial Advisors of Northern Virginia, to discuss the five most common money mistakes he sees his clients make, and how we can avoid them.
In this segment, he talks about a matter of logistics. If you have accounts spread out across too many institutions, it's tough to get the big picture. And without that, you're liable to make more mistakes when it comes to your financial strategy.
Source Fool.com
