Most of us fail miserably at personal finance. In this country, personal savings rate are abysmal, net worths are tiny, and retirement savings are almost non-existent – across all age groups. Nobody intentionally wants to fail at personal finance, so why then are we so tragically awful at it? A tiny sampling of reasons includes: A lack of personal finance education on how to succeed (and zero time invested to change that). The use of money as a status symbol. A misguided belief that more stuff = more happiness. Lack of discipline and/or personal responsibility. Lack of gratitude for...
[Read the rest of the story at 20somethingfinance.com]
[Read the rest of the story at 20somethingfinance.com]