In addition to regularly monitoring your checking account, try to keep a buffer of cash in there to help prevent overdraft charges or even cancel the overdraft feature altogether (although you may run the risk of late fees from billers if you miss a payment due to insufficient funds).

FORBES: Why Traditional Banking Might Go the Way of the Piggy Bank

Consider the older executives starting businesses for the first time either out of necessity (due to layoffs or insufficient funds to move into retirement) or out of the desire to fulfill a personal dream.

FORBES: Do Older Or Younger Entrepreneurs Have The Greater Advantage?