Financial Experts Reveal Their 10 Biggest Money Mistakes

Not opting for insurance

Whether we are talking about dental, health, or material problems, we must have insurance to be safe when we need to fix a problem. 

“I once turned down a dental plan—for $6 a month!—because I was 22 and had never had a cavity,” says Alexa von Tobel, founder and CEO of LearnVest. “My first-ever cavity arrived shortly after, and it was incredibly expensive to fix. The lesson? Having a financial plan—in this case, being insured—would have cost so little and saved so much money in the long run.”