Is it possible to save too much money? Why is over-saving a bad thing? Why has excessive saving become common among Americans? Financial anxiety is driving Americans of all incomes to save too much money, often at the expense of their long-term wealth and current quality of life. Financial experts say extreme savers miss opportunities for higher investment returns and delay important life decisions. Here’s why, counter to popular belief, over-saving isn’t actually a good thing.
Is It Possible to Over-Save Money? Yes—Here’s Why It’s Bad
