3. Overpaying on fees

Lindsay Martinez, the founder of Xennial Planning is here to remind us of overpaying when we don’t want to: account maintenance fees, trading commissions, mutual fund front-end loans, and expense ratios.

It’s understandable, you don’t want to watch your hard-earned money slowly chipped away, especially since these fees can make a serious dent in the long run. The slow trickle might not look like much on a monthly basis, but be sure to crunch the numbers over a long period of time to see exactly how much you’ll be missing out on in the long run.

Then, once you’re settled, shop around a little and don’t just settle for the fist options that you find.