When it comes to money, myths and outright lies abound. From misguided saving strategies to misunderstood investment advice, these lies can derail your financial goals.
Let’s bust these myths and replace them with smarter strategies.
1: Retirement Can Wait Until Later
Delaying retirement planning is a mistake many regret.
The sooner you start, the more time your savings have to grow through the power of compounding. A small investment today can become a sizable nest egg down the road.
Use retirement accounts like 401(k)s or IRAs, and consider speaking with a financial advisor to create a plan tailored to your goals.
Pro Tip: Waiting on retirement? Every year costs you. Start today with matched contributions
