Avoid these 5 mistakes losing money guaranteed
Ignoring Retirement Savings
Delaying retirement savings is a mistake that can have long-term repercussions. The earlier you start saving for retirement, the more you benefit from compound interest. A study by the National Institute on Retirement Security found that 66% of millennials have nothing saved for retirement4. Consider contributing to employer-sponsored plans like a 401(k), or opening an Individual Retirement Account (IRA) to secure your future.