Five money tips that might be doing more harm than good to your personal finances

dailyrecord.co.uk:

saving it can lead to needless shopping, budgets that don't work, and frustrating outcomes. So we have put together a list of the most commonly handed out advice and why it might be bad for you and your personal finances.The money-saving principle is simple: spend less money than you earn.If you have found that your savings are not as good as they could be or you are not sure where your money is going each month, these could be useful things to consider.Never paying full price for something is most money-savers dream about, but the reality is that even the best bargain comes with a price tag.Following all of the sales sites, subscribing to discount stores, and rushing out to get the best deals are fine but only if you wanted the item in the.