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re: What's the worst financial mistake you've ever made?

Posted on 4/25/19 at 8:28 pm to
Posted by X82ndTiger
USA
Member since Sep 2004
2542 posts
Posted on 4/25/19 at 8:28 pm to
Opening and then closing a business funded by my 401k. Dumb dumb dumb. But I love my wife.
Posted by tigerinthebueche
Member since Oct 2010
37699 posts
Posted on 4/25/19 at 8:31 pm to
quote:

the worst financial mistake you ever made



A credit card
Posted by GreatLakesTiger24
Member since May 2012
58881 posts
Posted on 4/25/19 at 8:32 pm to
$1,500 on an LSU ML
Posted by olgoi khorkhoi
priapism survivor
Member since May 2011
16300 posts
Posted on 4/25/19 at 11:45 pm to
college
Posted by Spankum
Miss-sippi
Member since Jan 2007
60394 posts
Posted on 4/26/19 at 1:54 am to
quote:

I built a house in 2007, and triggered the housing market collapse when I signed the final paperwork in December.


Same...I felt the market was quickly getting out of reach, so I scrambled and bought my first home in late 2007. I think I am still under water on this thing today.
Posted by IAmNERD
Member since May 2017
23699 posts
Posted on 4/26/19 at 7:43 am to
I was an idiot with credit cards in my younger days. Finally got debt free (minus mortgage) after nearly three years of paying that stuff off.

Other than that, I should have started saving for my retirement way before I did. I'll be working about a decade longer than I should.
Posted by Wishnitwas1998
where TN, MS, and AL meet
Member since Oct 2010
63704 posts
Posted on 4/26/19 at 6:07 pm to
Other than little shite at bars/casinos I can’t really single out one, which is scary cause I’ve made several big investments so now I’m waiting for the other shoe to drop
Posted by Tunasntigers92
The Boot
Member since Sep 2014
27899 posts
Posted on 4/26/19 at 6:08 pm to
Getting a credit card my freshman year of college
Posted by RLDSC FAN
Rancho Cucamonga, CA
Member since Nov 2008
58675 posts
Posted on 4/26/19 at 6:11 pm to
Graduated college, got a good job, and bought a brand new Yukon. I regret it now. Spending big money on cars is not smart, IMO.
Posted by saltwaterdawg
Member since Nov 2016
880 posts
Posted on 4/26/19 at 8:01 pm to
1979 not listening to my wife telling me we needed to invest in Wal Mart stock.
Posted by Spasweezy
Unfortunately, Louisiana
Member since Jan 2014
7171 posts
Posted on 4/26/19 at 8:03 pm to
letting the wife stay home
Posted by AUCE05
Member since Dec 2009
44871 posts
Posted on 4/26/19 at 8:33 pm to
I hate to tell you this, but that maxed out at 28 MM.
Posted by Codythetiger
Arkansas
Member since Nov 2006
30241 posts
Posted on 4/26/19 at 8:35 pm to
quote:

Bitcoin


Sounds like you bought in late 2017

Not our fault you didn't listen
Posted by zippyputt
Member since Jul 2005
6809 posts
Posted on 4/26/19 at 8:37 pm to
Not investing earlier than I did.
Posted by TU Rob
Birmingham
Member since Nov 2008
13320 posts
Posted on 4/26/19 at 8:45 pm to
Rushing to buy a house, all in the name of the American dream and getting out of an apartment. Should have lived there through the lease and started looking about 3 months out. Ended up buying a new construction townhouse with several amenities. Should have gone with a starter garden home instead.
Posted by beachdude
FL
Member since Nov 2008
6291 posts
Posted on 4/26/19 at 10:48 pm to
GE at $30.
Posted by rantfan
new iberia la
Member since Nov 2012
14110 posts
Posted on 4/26/19 at 10:52 pm to
Back in 2001, buying a house , new car and leasing an apartment in Texas all within 6months. By early 2002, I was laid off and only managed to pay off on car.
Posted by Glorious
Mobile
Member since Aug 2014
26128 posts
Posted on 4/26/19 at 10:53 pm to
Posted by bulldog95
North Louisiana
Member since Jan 2011
21180 posts
Posted on 4/26/19 at 11:04 pm to
Everything in my name and then getting divorced
Posted by NPComb
Member since Jan 2019
27917 posts
Posted on 4/26/19 at 11:06 pm to
married a liberal
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