7 mistakes millionaires like Warren Buffett and Bill Gates never make — that average people do all the time. via CNBCMakeIt
Here are seven things you'll never find the world's richest people doing, and how you can adopt their healthy financial habits into your own life:Rich people know that fees are a waste of time , so the right course of action is to pay their bills. They take advantage of features like autopay to avoid late charges for everything from utilities to mortgage to credit card bills.
They're also mindful of bank fees. Many banks will charge you extra money for their services, and you might not even be aware of it.Some of the bigger banks, for example, will charge you anywhere from $12 to $15 unless you meet a specific set of requirements, like maintaining a certain average balance in your account. Make it a habit to check your monthly statements for these hidden charges.Your credit score plays a leading role in determining your interest rates.
Wealthy people know this and they never, ever ignore their credit score. They are constantly checking their score and do their best to keep it pristine. There are a number of apps that allow you to check your score for free and even try to help you boost it. Monitor your score reports on a monthly basis, keep your debt levels low and pay your bills on time.
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