These mistakes only take a moment to make, but YEARS to correct.
SOCIAL SECURITY: NOT SO SECURE
In 21 years, the Social Security Trust’s coffers will be depleted, and unless something changes between now and then, you can expect to receive only 76% of the total benefit amount you were banking on.STUDENT LOANS: STUDY NOW, PAY FOREVER
An expensive college education may well land you the successful career you always dreamed of, but until you’re making a huge salary, you will be staggering under the weight of a heavy student loan for a long, long time.
HOME LOANS: DIDN’T SEE THAT COMING!
A large proportion of the American population does not fully understand the complexities of home loans. As a result, real estate decisions are not always sound and become a needlessly expensive enterprise.
HOUSEHOLD BUDGET: SO, YOU DIDN’T HAVE ONE?
According to a Gallup poll, 68% of Americans do not bother to chalk out a monthly household expenditure plan – and therefore keeps overshooting their `budget’ without even realizing it.
BARGAIN-SHYNESS: UNDERUTILIZED MONEY-SAVER
Did you know that you can bargain for a better price at big-box stores – and chances are real good that they will try to negotiate a better price on the goods, especially if you’re paying cash?
Read more here.
