Avoiding Bad Money Habits

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bad money habits

Benzinga

•

Business

Business & Economics

'The average savings rate in the U.S. is 4.6%,' says financial guru Vincent Chan

Summary

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58% Informative

Financial guru Vincent Chan recently laid out five bad money habits that keep people poor.

Most people don't save enough money in the U.S. , especially with the average savings rate hovering at 4.6% .

Chan recommends that you approach your finances with the 80/20 rule.

Warren Buffett made 99% of his wealth after his 50th birthday.

Click now to get top trade ideas daily , plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga ? This article Vincent Chan Reveals The Five Money Habits That Keep People Poor: 'The Average Savings Rate In The U.S. Is 4.6% ' originally appeared on Benzinga.com 2025 Benzinga.com . Benzinga does not provide investment advice. All rights reserved..