I’ve made A LOT of mistakes with money, but my #1 money mistake will haunt me the rest of my life.
Here it is: I didn’t start investing for my retirement early enough. I’m in my late 30s now and looking at my numbers I’m feeling already quite behind as to where I should be right now.
I’ll be able to make it up, but if I would have started intentionally putting away 15% of my income into a retirement account 10 years ago, I would have like double or triple what I do now.
The later you start investing for retirement, the later (and harder) you’re going to have to work to make up for it.
I feel confident I’ll end strong and be able to retire a lot sooner than 65, but I’ll kick myself for the rest of my life for not caring about it sooner.
My best advice, especially for those in their 20s and early 30s: start investing in your retirement, NOW.
I definitely think you’ll have more momentum if you pay off debt first then start investing, but whatever you do, you need to start doing it, and fast.
What’s YOUR #1 money mistake? Is there something you’ll regret for years to come? How can you turn it around?