A recent survey found that 43% of Americans regret not investing earlier in their lives. Many wish they had started sooner, as small contributions can grow significantly over time due to compound interest. Experts suggest starting now, regardless of financial status, to let money work for you in the long run.

Another common regret is overspending, with 38% of respondents admitting to this mistake. Whether it’s impulse buys or trying to keep up with others, overspending can lead to debt and financial stress. It’s important to budget and prioritize financial stability over chasing a lifestyle beyond your means.

29% of people regret having too much debt, as it can quickly spiral out of control and hinder future financial goals. Starting with small debts that accumulate over time, high-interest credit card debt can eat away at your income. It’s essential to manage debt wisely to avoid paying excessive interest and focus on saving for the future.

29% of respondents also regret not having enough savings, especially when faced with unexpected expenses. Building a financial cushion provides peace of mind and prevents the need for resorting to debt in emergencies. Saving, even in small amounts, can help prepare for life’s uncertainties and reduce financial stress in the long term.

Read more at Yahoo Finance: The 1 Money Mistake That Most People Regret