What are the dumbest moves you made financially

[Charly Wingate]

Spent a lot of money in my early 20's on Lean, zans, yerks and weed, still spend money on weed lol

 

[Oldschooler]

I've always been very stingy with money and very risk averse. Worst financial decisions have always been ones i didn't make. Not buying a crib in 2008-09 when prices were at the bottom, not investing in my 20s,. Hearing about bitcoin from a dude who worked on a start up wallet company in 2011.

 

[Dak Pickscott]

member i fukked up 17 bands that i got from my father after he passed


i spent that money on hoes, designer, kush, lean, pills and sports gambling


what a b*stard child i am

 

[Jahbarri]

member i fukked up 17 bands that i got from my father after he passed


i spent that money on hoes, designer, kush, lean, pills and sports gambling


what a b*stard child i am

Super b*stard spend inheritence money on fukkery brehs u should be ashamed of yourself.. your pops is rolling in his grave

 

[SheWantTheD]

Spending my BTC on the dark web for years


Getting that BMW when my ass shoulda got a Kia

You live and learn

What were you spending it on

 

[TheOptimisticCynikal]

Marijuana dependency through my late teens and all of my 20s

 

[thaKEAF]

Not investing in my 20s

letting some credit cards get out of hand

going ham when I got my first big promotion instead of just keeping my expenses low.

took a while but I’m finally about to be in the clear.

 

[old pig]

Took out a personal loan to gamble in Vegas.

yo this is wild as hell lol

 

[CashmereThoughts]

Financing luxury cars

 

[old pig]

I invested a lot of money in an obscure, low volume cryptocurrency that lost 50 percent of it's value the next day. Taught me a life lesson, but it still sucks. Today I pray on that cryptocurrency's downfall, because they're all thieves as far as I'm concerned.

what coin/token was it?

 

[old pig]

Marijuana dependency through my late teens and all of my 20s

dude I know (like a brother to me) blew threw a large portion of his inheritance on weed over the course of 4-5 years…talking about low 6 figures smh

 

[Silver Surfer]

Fresh out of college with a good job I though I was BALLING. Got an apartment in Hell's Kitchen which wasn't too expensive but...

I copped brand new 2000 Ford Explorer with a crazy high interest rate. It was a V8 with all the additions too


Nobody told me about car insurance rates for people in their 20s


15 MPG

Alternate side of the street parking rules (I got tons of tickets and even my license suspended)










But the women loved it

I had a v8 Green 3 row Ford explorer back in college...on 24!

 

[ConPHIdential]

I came up big in the stock market summer of 2020 and blew an absolute huge chunk of my port playing 0DTE and weekly Options. I remember watching losing half of my port in damn near minutes..I couldn’t believe.

 

[patscorpio]

Cash advances from my credit card (never again)
Spending 8-9 G's on car repairs within a year before the transmission started slippin...ill never drive a car again until the wheels fall off lol

 

[UberEatsDriver]

I bought a Camry LE when i was 20. Because I didn’t know much about cars then I didn’t realize I bought the wrong trim. 4 months later I trade it in for 2012 Camry SE and my car payments go up $200 extra a month.


Since I drive a nice car now looking back i would have took the L and kept the Camry for 5 years with that lower monthly payment.