Do these 20 things and you'll always be poor

Staying solvent is tough enough without throwing money away by making silly financial mistakes. If you do the following, you will always be poor.

1) Spend now, pay later
Don't throw your money away when you're young, assuming you'll be richer when you're older. People in their 40s and 50s actually have the most financial problems, according to Halifax, with one in five so stretched their budgets would snap if they had to find an extra £24 a month. Enjoy your financial freedom when you're young, but don't squander it.