Not being conscious of your spending
If you do not know where your money is going, there’s a good chance it will not end up where you want it to. It is too easy to spend a few dollars here and a few dollars there and have nothing left at the end of the month. This is a major mistake since, as a best-case scenario, you may just end up with nothing left to save. In the worst-case scenario, you’ll spend more than you have and end up in debt.