In this regard, let us look at some mistakes to avoid and achieve financial independence:NOT HAVING GOALSGoals give you a reason to save and stay motivated. It is thus important look at what you can afford with current income and create a saving plan around it. NO EMERGENCY FUNDIt’s unfortunate that in most cases, we wait to put money aside after we have spent on what we think is important. Finally, saving money is incredibly important. These include; banks savings accounts, money market funds, unit trusts, bonds, treasury bills etc.

Source: Daily Nation March 12, 2019 13:00 UTC