GOBankingRates is out with another financial report. This time, it discusses the number of ways you could very well be damaging your future net worth. Aside from taking on too much debt, there are a variety of other ways to ruin your personal financial future. Here are five ways you’re damaging your future net worth:
- Renting a house instead of buying one
- Not paying into a retirement fund early in your career
- Waiting until withdrawal to pay taxes on retirement fund
- Leasing vehicles instead of financing
- Using credit cards to overspend
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I’m good on all counts! Thanks.