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Writing at the Huffington Post, Tiffany Aliche says that she's made just about every financial mistake you can think of — and learned some important lessons.

… As a result of all my mistakes, I've learned some pretty valuable lessons. I'm doing relatively awesome now (financially speaking), so I figured I'd share what I've learned with you.

1. How to budget

2. What a 401k is

3. How to properly use credit (cards)

4. How to borrow money and pay it back… on time

5. The basics of investing

6. How to say no when someone asked to borrow money (and mean it)

7. The difference between an IRA and a Roth IRA

8. Your financial baseline: the lowest amount of money you can make each month and still survive.

9. What multiple streams of income are and how to get some

10. How to save for the things you want vs. financing

11. How to deal with debt collectors without freaking-out, ignoring them or avoiding their calls

12. How to negotiate discounts with your service providers

13. What a credit report is and how to read it

14. How to ask for a deferment or forbearance of a student loan, rather than defaulting

Read Tiffany Aliche's entire piece at the Huffington Post.

The Root aims to foster and advance conversations about issues to the black Diaspora by presenting a variety of opinions from all perspectives, whether or not those opinions are shared by our editorial staff.