The calendars have changed over, and a new year has arrived. Although most people prefer to let the skeletons rest in the closet, sensibility lies in identifying the mistakes made last year, and devising solutions for them this year. Since the recession has showed little signs of ebbing, people must be extremely careful with their financial decisions to ensure that the same blunders aren’t repeated.

We have created a list of some of the most common financial mistakes that people made last year, along with tips on how to see through this year without regrets. Here goes!

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