Biggest Mistakes That People Made With Money
Here are 30 of the biggest money mistakes people have ever made to help you with your next financial decision. Sometimes, the best way to make money is not to lose it.
“Bought a mobile home as a starter home. No one ever explained to me as a young adult the importance of investment and future planning. Mobile homes of course do not hold nor increase in value so you never build equity. It’s akin to renting except you have to cover all your own repair costs too. Terrible financial decision.”
“Becoming a doctor. At the end of the day, it’s just a job. It wasn’t worth flushing my 20’s down the drain and accumulating a mountain of debt for this. I’m (finally) in a good spot now, but I don’t think the sacrifices I made to get here were worth it.”
“Agreed to take over my ex gfs bills so that she could pay off her debts. 5 years and over $100,000 of my money later she was in more debt than when we started and cheating on me. Don’t ever do this, just make her be an adult.”