Emergencies happen. Whether it be a surprise car repair, a trip to the emergency room, or an appliance failure. They often crop up one after the other.
Your best defense against hemorrhaging money due to emergencies is to set up an emergency fund. Start putting a tiny bit aside each paycheck to help you handle these surprises
Your friends are getting married, your kid is graduating high school, and your mom's birthday is coming up. These are all wonderful events, but they tend to cost a lot of money
A big way we hemorrhage money is through rampant, uncontrolled shopping. Sometimes, when we feel bad about ourselves, we just want to buy all the things.