Released: December 29, 2012

7 money stumbles to avoid

Source: Consumer Reports

Everyone makes money mistakes, and some might be unavoidable when people are in financial distress. But missteps or miscalculations can cost you a lot over the long term or inadvertently hurt your family when you’re gone. When Consumer Reports recently conducted a nationally representative survey about Americans’ money habits, we found several common and insidious blunders that could cause significant financial, and sometimes emotional, pain. Here’s where we found Americans are tripping up.

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