What's the dumbest thing you did financially in life so far?

[The Nigerian]

Having to build your sh!t up when you're trying to live real life is not whoa. I could have had insanely good credit if I played the game right in college. But I sat out like a chump and dealt in cash almost exclusively.

Tried to get an Amex and the Centurian hit me with the and was like "Who the fvck are you!?"

 

[flea]

To answer the thread honestly the worst I've done was blow $300 at the club when I was 19. That's seriously the dumbest financial decision I made. I'm smart with my money.

 

[Koapa]

the thing i learned in life is people are resourceful. if you told your mother no life would have gone on and she would have found another way. usually when somebody tells you that you're the only person they can depend on what they're really saying is out of all their options you're the easiest.

sometimes you gotta sit back and look at the situation and remove all emotion from the decision making process. you look at mom and go she can't even get approved for a car in her name cause she more than likely trashed her own name. if she'd do that to herself and she has to live with it personally and directly having it effect her what would she do to my name where it wouldn't effect her at all.

I remember coming back home from my internship all excited becuz the company loved me. I pulled up in the driveway, saw no car but she was home. I said to my sister, Where's momma car. She said I'm not in it. I go in the house; Momma, where's the car? She said in a noncaring way; I let it get repo becuz it was acting right
nikka my credit score went from 725 to damn near 530. That shyt hurt my heart.

 

[Carter G. Hoodson]

I try not to make bad decisions like that but I bought "Golden age of the Moor" by Ivan van Sertima for over $800 new when I could of got it for $400 used in good condition.

 

[Black]

<<<<<<<<<< Too broke to do something dumb financially.

 

[BlvdBrawler]

Buying a Mercedes Benz.

The fukking maintenance made me

Drives a Infiniti (Nissan parts) now.

Same. fukking 2002 C32 AMG = worst car ever.

My worst financial mistake was/is () buying a new car every couple of years.

 

[BlvdBrawler]

Bet a stack on the Washington generals beating the Harlem Globetrotters. I thought they were due for a win

 

[Classy X]

Not saving ENOUGH money.

 

[patscorpio]

not working during my first 3 semesters in grad school.....took a big hit in my savings

 

[Erdos]

Putting my dads cell on my bill, a few months after he signs up for a 3 year plan for an iphone and has no money to pay

 

[Sampson]

Buying a house with my lazy ex wife. Separated, she left and everything was cool.
Met my current wife. Moved her in before the divorce was final. Ex found out and was like "she ain't living in my house".

Me: I bought ths shyt, you didn't.

Judge: sell it.

Me: but, but, but, the market sucks.

Judge:

Long story short. Jumped the gun by flaunting a dime piece in front of my ex. It cost me an extra 3K in lawyer fees and about 15K on the house.
Plus having to find a new house etc.

Very dumb move

 

[Capitol]

started smoking weed

im ok with it tho

Exactly why I'm a casual smoker.

I remember so many dudes that started in middle school and smoked all the way through high school. That is a lot of money for a young dude. Could have been saving that shyt the entire time.

 

[DaChampIsHere]

Haven't really made any dumb decisions.


If I didn't club/drink/party so much, I could save a lil more, like around 600-700 more a month but I save a lot already anyway so

I'm real good with money

 

[HookersandIceCream]

Buying a Mercedes Benz.

The fukking maintenance made me

Drives a Infiniti (Nissan parts) now.

Thanks for clarifying

 

[newarkhiphop]

when i graduated H.S instead of going to a normal 4 year college or doing 2 years in county college them transferring i decided it would be a good idea to go to one of those "get ur associates degree in 18 months" school


i was 20 years old with 26k in debt and a marketing degree not worth the paper its on