Saving & Spending

9 Ways People Accidentally Ruin Their Finances

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Last updated Feb. 4, 2026 | By FinanceBuzz Editors

As much as making a mistake with your hard-earned money can stink, it's nothing to be ashamed about. Through these missteps, we can learn and grow. 

But, if you can avoid learning the hard way, why not seize the opportunity? Here are a few of the most common ways that people accidentally hold themselves back financially — and how to avoid these traps.

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