Can’t afford to save … for anything? As they said back in the day, balderdash‼️
Just as Americans can’t define “affordable,” they have even more trouble with “necessary.” And what’s worse, based on the survey quoted below, Americans know they waste money. Only 15% of Millennials consider themselves non wasteful. 😰 Keep in mind this survey covered only some of the ways Money is wasted.
So, while Americans nearing retirement have saved on average less than 10% of the minimum they will actually need to live on in retirement, they enjoy dining out on a regular basis 🤮
Dinners out. Unwatched cable packages. Armloads of expired food. Even the most frugal Americans have a tendency to squander hard-earned cash on unnecessary expenses. We asked 2,000 people across the country to share their two cents about the various ways they waste money.