Nearly everyone has a financial slip-up at one point or another. Unfortunately, of the two-thirds of Americans who admit to a major financial mistake, the average loss is right around $23,000! Middle class Americans are supposedly the worst at financial decision-making, possibly having more than one of these major mistakes. But rather than taking too many risks, those in the middle class can be guilty of playing it too safe. Putting investment money into savings is secure, but over time can lose purchasing power. Making smart investments and actively growing assets can help avoid financial failings. While taking too big of a risk is foolish, being proactive with your money will provide the greatest rewards.
Read the entire article here: Are You Making a $23,000 Mistake?
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