I’m a Financial Advisor: 5 Worst Things You Can Do for Your Finances in 2026

Group 1 - The start of a new year is an ideal time for individuals to review and adjust their financial plans to avoid common money mistakes and achieve financial goals [1] - Political shifts should not alter financial strategies, as maintaining a consistent, diversified approach is more beneficial than reacting to political changes [3][4] - Planning for worst-case scenarios is essential for financial protection, including having term life insurance and disability coverage [5] Group 2 - Building and maintaining an emergency fund is crucial, with recommendations of three to six months of cash reserves set aside in a separate account [6][7] - Emergency reserves should be kept at a different institution to minimize temptation and ensure quick access when needed [8]