Building A Growth Mindset Can Help You Face Financial Troubles (Infographic)
Many Americans have run into financial problems, and these mistakes can be hard to come back from. More than half of all American adults regret not saving more, and of those, most regret underfunding retirement accounts, education for their children, and money for their emergency fund. Financial mistakes can lead to a spiral of no longer being able to save and making late or minimum payments. One third of Americans are living from paycheck to paycheck and 3 out of every 10 low-income workers do not make enough to save. Student borrowers are also finding student loans hard to pay off. 42% made at least one late payment in the past year and nearly half of student borrowers wish that they had chosen a cheaper college to attend.
Learn more about how building a growth mindset can help you face financial troubles and how to recover from financial mistakes here.
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Nice infographic and very timely.