There’s no doubt, a lot of us wish we could go back in time and handle our money differently. A new survey confirms just that. According to a poll by Bankrate, 73% of Americans have financial regrets, with only 20% having absolutely no regrets at all.
Many us (apparently) didn’t worry about your future early enough, because the most common regret is not saving enough for retirement (22%), followed by not saving enough for emergency expenses (16%). Other common financial regrets include:
Taking on too much credit card debt (9%)
Taking on too much student loan debt (9%)
Not saving enough for children’s education (8%)
Buying more house than you could afford (2%)
It’s not just those with little money who regret not putting enough away. The poll finds that not saving enough money, either for retirement or emergencies, is the top financial regret among every income bracket. It’s also the top regret for everyone regardless of level of education, gender, race, political affiliation and age group, except 27 to 36 year olds. Their top regret is taking on too much college debt.