Different financial decisions like investments, budgeting, insurance, borrowing a loan for personal or investment purpose etc. are very important during the entire course of our lives. When it comes to making financial decisions, it requires attention, some calculation, tons of patience and loads of commitment. Often, errors are made in financial decision-making due to the paucity of information, complex financial products and hidden charges. While mistakes are inevitable and one should strive to learn from them, it would be even better if one can avoid them. There are small areas where one can focus, in order to avoid bigger financial mistakes.