A recent survey showed that the biggest financial regret that men had was not investing enough money. Women stated that not saving was their biggest financial regret. The survey showed that 15 percent of men stated that they regretted not investing. Nine percent of women stated that they regretted not investing. Men were also more likely to fear losing money in the stock market.
Additionally, more men stated that they regretted going into debt because of college. One of the reasons that women regretted not saving money was because many of them did not have any money saved up. Thirty-six percent of women had less than $1,000 in their savings account. Thirty-three percent of men had less than $1,000 in their savings account.
Spending money on things that are not needed was another top regret among women. Twenty-five percent of women stated that they regretted spending money on non-essential items. Many women are concerned about overspending because living check to check is a financial burden.
Fortunately, there are ways that you can overcome all of these financial problems. Many people do not invest because they do not know how to. Others do not invest because they are scared of picking the wrong investment. Rubicoin is one of the best platforms that you can use to invest. It eliminates a lot of the bad options.
If you are having trouble saving, then it is a good idea to automate your savings every month. Smart Save is one of the apps that you can use to automate your savings. Qoins is one of the apps that you can use that will make it easier for you to pay off your debt.
You will need to link your account to the Qoins app. You will also need to tell the app where to send the payments. Qoins will use your spare change to pay off your debt. However, it costs $1.99 to use this app.
Clarity Money is an app that can prevent you from overspending. It analyzes your spending habits and looks for things that you no longer use. It also lets you know when you are going over your budget.