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Started By
Message
What's the worst financial mistake you've ever made?
Posted on 4/25/19 at 8:16 am
Posted on 4/25/19 at 8:16 am
None of us are perfect, and we have all made mistakes. What is the worst financial mistake you ever made in your life? How long did it take you to recover from it?
122
Posted on 4/25/19 at 8:16 am to GetCocky11
Bitcoin
Posted on 4/25/19 at 8:17 am to GetCocky11
Inb4 marriage
Posted on 4/25/19 at 8:17 am to GetCocky11
Getting married
Posted on 4/25/19 at 8:19 am to GetCocky11
Maxing out my available student loans.
Posted on 4/25/19 at 8:19 am to GetCocky11
Seriously,it was probably either investing in some dot com stocks in the late 90s or buying a new sports car.
Posted on 4/25/19 at 8:19 am to GetCocky11
I built a house in 2007, and triggered the housing market collapse when I signed the final paperwork in December.
Posted on 4/25/19 at 8:20 am to GetCocky11
Not saving Bitcoin when I used to buy it regularly to use on silk road.
Posted on 4/25/19 at 8:20 am to GetCocky11
Going to college before I decided on what I really wanted to do. I'll be paying on student loans forever.
Posted on 4/25/19 at 8:20 am to GEAUXT
quote:
Bitcoin
Depending on when you bought it or passed on it, this could be the best and worst thing you've ever done.
Posted on 4/25/19 at 8:21 am to GetCocky11
Lost my arse buying a shitty vehicle, GMC Terrain
Three years and literally thousands of dollars in repairs before the motor seized and I had to sell it for salvage
Three years and literally thousands of dollars in repairs before the motor seized and I had to sell it for salvage
Posted on 4/25/19 at 8:22 am to GetCocky11
Buying a Dodge
Posted on 4/25/19 at 8:22 am to Teague
quote:
Going to college before I decided on what I really wanted to do. I'll be paying on student loans forever.
I think Gap Years (taking a year between senior year of high school and beginning college to figure shite out) should be encouraged more.
Posted on 4/25/19 at 8:23 am to GetCocky11
You go first
Posted on 4/25/19 at 8:23 am to Wally Sparks
quote:
Maxing out my available student loans.
This. I got a good degree with them at least, and paid them off after 5 years.
But that financial decision is the only real do-over I'd like.
Posted on 4/25/19 at 8:23 am to GetCocky11
Back in 2009 an atm on the strip in Tuscaloosa was giving out double withdrawals, so of course I went and withdrew the 1500 dollars my parents had just deposited for rent and got 3000. Had one helluva blow out but regions bank wanted their money back. To be 21 and dumb again
This post was edited on 4/25/19 at 8:25 am
Posted on 4/25/19 at 8:24 am to GetCocky11
My first wife.
Posted on 4/25/19 at 8:25 am to GetCocky11
Financing cars.
Posted on 4/25/19 at 8:25 am to Caplewood
quote:
but regions bank wanted their money back. To be 21 and dumb again
Not your fault their equipment was bunk. Finders keepers bitches.
Posted on 4/25/19 at 8:26 am to GetCocky11
quote:
think Gap Years (taking a year between senior year of high school and beginning college to figure shite out) should be encouraged more.
Absolutely. Financial aid should allow for a gap year, for starters. Unfortunately, most packages are available only if you start right away.
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