Money Traps to Avoid in 2020

Phil Town always (or mostly) has good financial advice. His money traps to avoid this year (or actually any year):

1. Don't buy a flashy new car. If you need a car, find a quality used car.
2. An expensive house you can't afford.
3. Streaming services. Don't over do it. Watch the small stuff. Stick to a budget.
4. Investing too much money in a 401(k).