Common mistakes include not tracking spending, relying on overdrafts or credit for regular bills, and failing to keep an emergency fund. It is also easy to overlook interest rates, renewal prices and subscription payments, which can gradually increase your costs. Prioritise essential bills, review your budget regularly and compare suitable savings or borrowing options before committing. Be cautious about investments or debt solutions that promise unrealistic results, and check that any financial firm you use is FCA-authorised. If your debts feel difficult to manage, consider free guidance from a recognised debt advice charity.