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Bankrate’s editorial team writes on behalf of YOU – the reader. Our goal is to give you the best advice to help you make smart personal finance decisions. We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. So, whether you’re reading an article or a review, you can trust that you’re getting credible and dependable information.
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Bankrate follows a strict editorial policy, so you can trust that our content is honest and accurate. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. The content created by our editorial staff is objective, factual, and not influenced by our advertisers.
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When it comes to money, we tend to make the same mistakes again and again.
Kind of like Bill Murray’s character in “Groundhog Day,” who relives the same day repeatedly until he finally gets it right.
From piling up unopened bills to racking up card balances, as consumers, when we find a mistake we like, we tend to stick with it.
Want to escape the cycle? Here are six financial blunders consumers tend to repeat, along with strategies for finally breaking free.
RATE SEARCH: Starting an emergency fund is no mistake. Compare savings accounts on Bankrate.
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