""Many people regret living above their means and making extravagant purchases when they're young. 'I financed a 1977 Corvette in 1991 because my boyfriend wanted one. I should have invested in a lakefront cottage instead,' one respondent shared.""
""46% of Americans said they don't even have $500 saved for emergencies. 'They simply don't have the breathing room to plan beyond their present needs,' said Jennifer Jones Austin, CEO of the Federation of Protestant Welfare Agencies.""
A recent survey shows most Americans regret financial decisions, primarily due to credit card debt and lack of savings. Almost half of participants reported having less than $500 in emergency funds. Experts note that many feel "financially frozen," limiting their ability to plan. Regrets also include making extravagant purchases and not having a solid financial plan when starting a business. Surprisingly, marriage and divorce are significant financial regrets for many respondents, with some wishing they had handled these situations differently.
Read at New York Post
Unable to calculate read time
Collection
[
|
...
]