7 Big Financial Risks That Paid Off

For the risk-averse, raiding your savings account or taking out a big loan to start a business or make a career change might seem like a fool’s game.

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For the risk-averse, raiding your savings account or taking out a big loan to start a business or make a career change might seem like a fool’s game. A bird in hand, you know.

But, in the words of Italian philosopher Niccolo Machiavelli, "Never was anything great achieved without danger." So opportunity sometimes demands calculated risks in pursuit of your dreams, whether they be buying a lavish home, retiring early, giving generously to charity or family, or taking charge of your work environment.

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Cameron Huddleston
Former Online Editor, Kiplinger.com

Award-winning journalist, speaker, family finance expert, and author of Mom and Dad, We Need to Talk.

Cameron Huddleston wrote the daily "Kip Tips" column for Kiplinger.com. She joined Kiplinger in 2001 after graduating from American University with an MA in economic journalism.