Money is something we all use every day. But let’s be honest—managing money can be tricky. We spend, we save (sometimes), and we try to plan for the future. Yet, many people still make the same money mistakes over and over again.
That’s where Tevan Asaturi comes in. He is a trusted voice when it comes to personal finance. With years of experience helping people understand money better, Tevan shares smart, simple advice that anyone can follow.
In this blog, we’ll break down Tevan Asaturi’s tips for avoiding common money mistakes. Whether you’re just starting out or trying to improve your money habits, this guide will help you feel more confident and in control.
Who is Tevan Asaturi?
Before we jump into the tips, let’s learn a little about Tevan Asaturi.
Tevan is a well-known financial expert and money coach. He has worked with individuals, families, and even small businesses to help them build smart money habits. He believes that anyone can learn how to handle money, no matter their income or background.
His advice comes from real-life experiences, not just textbooks. That’s what makes him so trustworthy. He’s helped many people get out of debt, start saving, and plan for big goals like buying a house or starting a business.
People trust Tevan because he speaks clearly, doesn’t judge, and gives honest, helpful advice. Now, let’s look at what he has to say about common money mistakes—and how you can avoid them.
1. Not Having a Budget
One of the first things Tevan always says is: “You need a budget.”
A budget is just a simple plan for how you spend your money. Without one, it’s easy to overspend or lose track of where your money goes.
Tevan’s Tip:
Start small. Make a note of how much money you make every month. Then, list your important bills—like rent, groceries, phone, and transportation. After that, set limits for things like eating out or shopping. Try your best to follow your plan.
Even using a notebook or a free app on your phone can help. Don’t wait for the “perfect time” to start a budget. Just start!
2. Spending More Than You Make
This is a big mistake that many people make—living beyond their means.
If you earn $2,000 a month but spend $2,500, you’re building up debt fast. Tevan says this is one of the fastest ways to lose control of your money.
Tevan’s Tip:
Always try to spend less than you earn. If that means cutting back on daily coffee runs or skipping a few online sales, it’s worth it.
He also suggests tracking every dollar you spend for a week. It can be surprising to see how much goes to little things!
3. Ignoring Emergency Savings
Life is full of surprises—some good, some not so good. That’s why Tevan Asaturi always talks about having an emergency fund.
Without savings, one small problem (like a flat tire or medical bill) can turn into a big money mess.
Tevan’s Tip:
Start by saving a little each week. Even $5 or $10 adds up. Keep this money in a separate bank account and only use it for true emergencies.
Eventually, try to build your emergency fund to cover 3–6 months of living expenses.
4. Using Credit Cards the Wrong Way
Credit cards aren’t bad. In fact, they can be helpful when used the right way. But if you’re only paying the minimum, or buying things you can’t afford, you could end up in serious debt.
Tevan’s Tip:
Pay off your balance in full every month if you can. This helps you avoid high interest charges. Also, don’t use your credit card like it’s free money. It’s not—it’s a loan you must pay back.
He also warns about having too many cards. One or two is usually enough for most people.
5. Not Thinking About the Future
Many people focus on just getting through the month. But Tevan encourages people to think ahead.
He says, “You don’t need to be rich to plan for the future. You just need to start.”
Tevan’s Tip:
Set small, clear goals. Maybe you want to take a vacation, buy a car, or save for retirement. Whatever it is, start saving a little each month toward that goal.
He recommends using separate savings accounts for each goal. Plus, it helps you stay on track and inspired.
6. Not Learning About Money
You don’t need to be a finance expert, but learning basic money skills can make a big difference.
Some people think it’s boring or too hard, but Tevan makes it easy. He believes money education should be simple and useful.
Tevan’s Tip:
Read one article or watch one video about money each week. Follow trustworthy sources (like Tevan’s blog or books). You’ll feel more sure of yourself as you learn more.
Knowledge is power—especially when it comes to your wallet.
7. Following the Crowd
Just because your friends are buying new clothes or going out every weekend doesn’t mean you have to.
Tevan warns against comparing your spending to others. Most of the time, you don’t know their full money story. They might be in debt or struggling too.
Tevan’s Tip:
Make a money plan based on your goals, not someone else’s lifestyle. Focus on what matters to you.
He also says it’s okay to say “no” sometimes. True friends will understand if you can’t join every event.
8. Forgetting to Track Your Progress
Money management is not “set it and forget it.” You need to check in often to see how you’re doing.
Tevan Asaturi suggests doing a “money check-in” once a week.
Tevan’s Tip:
Every week, spend 10–15 minutes reviewing your budget, checking your bank balance, and thinking about any upcoming bills.
This small habit keeps you aware of your money and helps you catch any mistakes early.
9. Thinking It’s Too Late to Start
Maybe you’ve made mistakes in the past. Maybe you’re in debt. Or maybe you feel like you’re too old to start saving.
Tevan’s message is clear: “It’s never too late.”
Tevan’s Tip:
Start today, no matter where you are. Don’t wait for a better job, more money, or a new year. Even small steps—like saving $1 a day—can lead to big changes over time.
What matters is that you start.
10. Not Asking for Help
Many people feel embarrassed about money problems. But hiding them only makes things worse.
Tevan encourages people to speak up and get support.
Tevan’s Tip:
Talk to a trusted friend, a financial coach, or even your bank. There are also free resources online and at local libraries.
You’re not alone—and asking for help is a smart move, not a weak one.
Conclusion: Small Changes Make Big Differences
Money mistakes happen. Everyone makes them—even experts. But what matters most is what you do next.
Tevan Asaturi’s advice isn’t about being perfect. It’s about being aware, making small smart changes, and staying consistent.
You don’t need to be rich to get your money right. You just need a plan, a little knowledge, and the courage to start.
So take a breath. Grab a notebook. Make a plan. And remember—you’ve got this.
FAQs
Q: How can I start budgeting if I’ve never done it before?
A: Start by writing down what you earn and what you spend. Use a free app or just a notebook. Keep it simple.
Q: What’s the best way to build an emergency fund?
A: Save a little from each paycheck. Keep it in a separate account. Start with a goal of $500, then grow from there.
Q: Should I stop using credit cards?
A: Not necessarily. Just use them wisely. Only charge what you can afford to pay off each month.
Q: How do I stop living paycheck to paycheck?
A: Create a budget, reduce small daily expenses, and look for ways to increase your income over time.
Q: Where can I learn more from Tevan Asaturi?
A: Tevan shares regular money tips on his blog, social media, and community workshops. His goal is to make money simple for everyone.
