8. Not Having Enough Savings
A recent survey found that 39 percent of the respondents had no money saved and 57 percent had less than $1,000 saved. It takes money to save money, but not as much as people may think. Try making a conscious effort to reduce expenses and place even the most modest amount away into a savings account. Every time you are paid, consider placing a portion of you salary into savings. Financial gurus suggest aiming to have stashed away enough that would cover expenses for at least three to six months, should it be suddenly required.