Warren Buffett warns there’s only 1 way a ‘smart person’ can go broke — are you making this big financial misstep?

Discover the startling financial realities faced by over 60% of Americans living paycheck to paycheck, as revealed by PYMNTS. Dive into the latest data from the Federal Reserve, exposing the median net worth of a U.S. family at just $192,900 in 2022. Uncover the reasons behind the struggle to build wealth, from inflation to stagnant wages, and explore Warren Buffett’s insights on three avoidable financial mistakes that may be hindering progress.

Enjoy this complimentary download:

By submitting your contact information, you consent to be contacted regarding retirement income strategies that utilize investments and insurance products.

Source Article: https://moneywise.com/a/ch-oath/warren-buffett-financial-missteps-that-keep-people-struggling?utm_source=syn_oath_mon&utm_medium=Z&utm_campaign=31907&utm_content=oath_mon_31907

Our firm is not affiliated with the U.S. government or any governmental agency. Investment advisory products and services made available through AE Wealth Management, LLC (AEWM), a Registered Investment Advisor. Investing involves risk, including the potential loss of principal. Any references to protection benefits, safety, security, and lifetime income generally refer to fixed insurance products, never securities or investment products. Insurance and annuity product guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. Neither the firm nor its agents or representatives may give tax or legal advice. Individuals should consult with a qualified tax professional for guidance before making any purchasing decisions. Our firm is not affiliated with the U.S. government or any governmental agency. This material is intended to provide general information and is believed to be reliable, but accuracy and completeness cannot be guaranteed. Investment advisory services made available through AE Wealth Management, LLC (AEWM). AEWM and Gregory Ricks & Associates are not affiliated companies. 02222714 – 1/24