We all made mistakes and learned from them. But there are certain financial mistakes that could haunt you for the rest of your life. Kiplinger asked a panel of personal finance experts to point out some of the most consequential mistakes people can make with their money. Learn all you can from the financial mistakes of others so you can avoid regretting about them. Here are the major financial mistakes:
- Borrowing from your 401(k)
- Paying the minimum on credit cards
- Putting off saving for retirement
- Bankrolling your kids
- Avoiding the stock market
- Quitting school