What is the Number One Financial Regret of Older Americans?
“Most Americans are filled with regrets — financial regrets. Fully three in four, in fact, admit they harbor financial regrets, according to a survey of more than 1,000 adults by Bankrate.com. Their biggest regret: not saving for retirement early enough (nearly one in five Americans put this in the No. 1 spot). What’s more, among those age 65 and up, 27% said this was the biggest regret, compared with 17% of those aged 30 to 49.”
Those in the younger generation are probably just not old enough to realize they probably have also started saving too late!
Now, here is the tragedy of this regret. God’s Word teaches us to save. It should be a regular part of our life to regularly save money. And it’s never too late to start. You can also make progress on saving money by taking on an extra job or starting a small business or service to increase your income. God will be faithful to provide your needs; our part is to be faithful to obey His commands and principles.
Originally published on Handwriting on the Wall.