Whether it’s planning for retirement or picking shopping sprees over savings accounts, as a whole, Americans aren’t exactly the best at managing their finances.
Not only are consumers underestimating how much we’ll need to support ourselves after leaving the workforce, but even the earning power of college degrees has begun to depreciate.
Great Plains Lending has thrown together a graphic that lays out exactly where we’re missing the mark. The facts might be shocking, but the real surprise is how simple it can be to reverse the money mistakes we might be making.
Get started by checking out the graphic below:
Photo: Courtesy of Great Plains Lending