 TITLE: 5 Bad Money Habits and How to Break Them CONTENT: 4\\. Not Saving for the Future\n-----------------------------\nAt some point, you might want to buy a house. Or maybe you hope to put your kids through college. And, chances are, you'd like to someday retire. These goals typically require years of planning, and decades of saving.\nHowever, many Americans aren't prepared for the future. When it comes to retirement, for instance, 22% of Americans 25 and older have less than $5,000 saved for retirement and 15% have no retirement savings at all, according to a 2019 survey by Northwestern Mutual. If you find yourself in this boat, know that you're definitely not the only passenger.\nPossible consequences of not saving for the future include:\n*   Not being able to afford a house.\n*   The inability to contribute much to your kids' college education.\n*   A delayed retirement. END