What are the dumbest moves you made financially

[50CentStan]

I did that when covid happened, it was worth it tho

You got it with no penalty, right? I moved too late on it, like a week after that shyt expired. I wanted to pull my 401k too but I'm not willing to pay the penalty and taxes

Worst financial decisions I've made gambling losses, like 20k last year, spending money for a wedding reception for mfers I don't even fukk with. Taking care of old heads who don't even fukk with me, but fukk with jealous fam who always plotting against me. Expensive vacations with the homies when I was single. But that was more of an escape so I don't regret it seems like a lot of bad financial decisions we make are because we're lacking something in our personal life or have some sort of emotional trauma

 

[old pig]

tryna start a record label/running a small record shop 16 years ago …spent at least $25k…priceless memories tho…met some cool, fun, wild ppl during those times…one I’m still mega cool with…in hindsight should’ve tried to invest that money in the stock market…the experience would’ve been worth it whether or not I succeeded or failed

also investing $30k and $120k in two different startup crypto companies 3 years ago during the start of a bear market when the industry was under heavy SEC scrutiny

the $30k was a complete wash and ultimately I lost about half of the $120k investment…made that back/broke even by pivoting the “money” elsewhere

I had some incredible returns off ICOs so my confidence was a little too high at that point…should’ve fell back

 

[Silver Surfer]

I got scammed back in the day when eBay was the thing to you..

Dude was selling an Alpine Indah DVD player for a car for like 200 and they were at least 1500 at the store.

Sent him the money western union.....fukked up

 

[Silver Surfer]

Spent 30k on my ex girlfriend giving her my credit card spending 5k for her birthday. Only had sex 5 times in 9 months.

getting a dumb woman pregnant 16k a year

 

[Phantum]

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

 

[Spence]

It was multiple bytches (probably around 12 total.) Most were pretty decent.

Then you’re conquests were worth it

 

[Originalman]

Multiple bms /thread

Side chicks done burned a hole in my pocket over the years...

 

[WesCrook]

Replaced the transmission in a car that I should have junked.

This happens a lot with people and used cars.

Spend chunks of money to fix something. Soon after, something else breaks down.....and so on.

 

[WesCrook]

Lent a woman some money

There is no such thing as "Lending" money to women.

 

[Unolove]

Had ten bands and Thad bank and blew it on bud,drink, and hoes, I bought a car too and the fukking engine started smoking

 

[hatealot]

tryna start a record label/running a small record shop 16 years ago …spent at least $25k…priceless memories tho…met some cool, fun, wild ppl during those times…one I’m still mega cool with…in hindsight should’ve tried to invest that money in the stock market…the experience would’ve been worth it whether or not I succeeded or failed

also investing $30k and $120k in two different startup crypto companies 3 years ago during the start of a bear market when the industry was under heavy SEC scrutiny

the $30k was a complete wash and ultimately I lost about half of the $120k investment…made that back/broke even by pivoting the “money” elsewhere

I had some incredible returns off ICOs so my confidence was a little too high at that point…should’ve fell back

Big bro is that you?

Sex Money & Income

 

[Alvin]

I done fukked up so much money gambling brehs


help me feel better about myself by telling me about dumb ass losses you took financially

fukking strippers
Spending a lot on vacation

 

[Fletch]

Becoming an adult

 

[Bryan Danielson]

Spent $700 on trynna help a specific coli breh try to court @CarmelBarbie (paid for they dinner, they drinks, and photoshoot) and she still curved him and ended up getting swooped up by some other nicca

Breh dont even post on the coli no more

 

[Womb Raider]

Spent my refund check on a trip to Denver