How to Recover After Making a Major Money Mistake



By Susannah Snider

You really blew it this time, didn’t you? You thought you had your finances under control but you somehow managed to blow your budget, run up a credit card bill, overdraw your checking account or worse.

The bad news is that you probably can’t repair your financial flub quickly. “A lot of times, there’s no quick fix to financial problems,” says Jonathan H. Swanburg, a certified financial planner and investment advisor representative for Tri-Star Advisors in Houston.

The good news is that you’re not out of luck. Most people can work their way past a money mistake, experts say. The first step is to recognize your flub and take steps toward fixing it. “Confronting that allows [you] to say, ‘It happened.

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