10 BAD Personal Finance Myths
"Though they may seem correct
on the surface, these personal finance myths could be costing you a
fortune," writes Sean Williams.
1. I don't
earn enough to save money
2. A penny
saved is a penny earned
3. Assets
should be allocated based on a set formula
4. Cash is
king
5. I have
to be rich to invest in the stock market
6. A home
is a good investment (my favorite)
7. Credit
cards are bad news
8.
Carrying a balance helps your credit score
9. Social
Security won't be around when I retire
10. Wills
are only for rich people
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