It pays to use money wisely. Sad to say, not a lot of people do not do it in a regular basis. There are quite a lot of mistakes that many people seem to make when it comes to money and how to use it well. Sometimes, the mindset and attitude matters a lot in this case. Here are just some of the common money mistakes a lot of people tend to commit.,Failing to invest small amounts.,There is a common attitude among people that makes them think it’s useless to invest money if it is not a sizable amount. Some may even feel ashamed if they are seen investing in something in small amounts. Having this kind of attitude will prevent you from saving any money at all.,Not having an emergency fund.,This is a common mistake that many people seem to make. Not having a emergency fund to fall back on in times of crisis can be quite disastrous. It pays to have something set aside for emergencies no matter how small and no matter how unimaginable it may seem in your case because you may have a lot of cash to go around with. Remember that even the richest people in the world have their own emergency fund to fall back on.,Not having financial goals.,A lot of people do not like setting goals, especially if it concerns money. This can be such a grave mistake and can lead people to remain in a stagnant financial situation for years and years. Setting financial goals is key to trying to move forward in life. Just having a goal to aspire for can help motivate you to work it out slowly but surely. It doesn’t matter if you start out with the simplest of goals. Try to develop a habit of trying to achieve a certain financial goal and improve from there little by little.,Being afraid to fail.,Sometimes the very mistake that many people make with their money lies on their fears to fail. Many opportunities may have come up at various points in their lives that may have provided them with improving their financial situation considerably. But many may have failed to take on such opportunities because of risks. Thinking of what can go wrong can prevent some people to invest their money more wisely. They end up working more and more for their money instead of making it work for them.