Have You Made a Big Money Blunder? You’re Not Alone
Date: Sep 20 2012
Filed under: Personal Finance
A new report by the Consumer Federation of America and Primerica (PRI) found that two out of three middle-class Americans say they’ve made at least one “really bad financial decision.” And more than half of those acknowledge making more than one.
While the median cost of those mistakes was $5,000, thanks to a few outliers — 2% of those surveyed lost $200,000 or more — the average was much higher, at $23,000.
The report also shed light on the investing habits of middle-class Americans,…
Have You Made a Big Money Blunder? You’re Not Alone originally appeared on DailyFinance.com on 2012-09-19T15:33:00Z.
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