What is the biggest financial mistake you made in your twenties?

[Splash]

Yikes

I went thru $180K from a trust within 3 years starting when my mom died (I was 19). No job, smoking weed 24/7, buying whatever I wanted, it was great....


Then reality drop kicked me in the fukking face when that money ran out

Im like about $15K in debt now, just starting a sales job to help with that but I don't think I'll be making enough money yet to pay next months bills . Got a boo & 3 year old girl to provide for on top of my dog and I ain't EVER had this kinda pressure in my life. I went from living with my mom, to her dying, and living nice, to swiftly going broke & struggling with my own lil family. Luckily I had great credit to hold me off for the time being but it's getting lower.
My credit score was like 760 & now it's 644

If I could go back I would've been a little more conservative with the impulse buys & maybe should've found a nice lil part time gig or something. Definitely shoulda been more on top of my month-to-month spending & monitored my budgeting. My whole goal was to move across the country & be a rapper (cliche, I know) & start building a buzz with my then-plentiful time & resources, but I didn't even finish my mixtape how I wanted before running out of money . I know I've got talent, charisma and blah blah blah but ultimately, the game ain't going nowhere so I just gotta hustle up and get this money to put myself Ina better position. Silver lining is that at least I'll resonate with the people more. That struggle-comeback story is a lot more appealing to most than some trust fund kid tryna "reach the people" I guess


Wish me luck brehs I went from buying halve ounces every couple weeks to scraping up change for a couple grams to split with my girl on 420

Sorry for your loss though, losing her at 19 is heartbreaking

 

[EndDomination]

impregnating that bytch


























































and her sister

 

[root_eruditorium_org]

Blew through $180K ... You gotta be White tell me you ain't black..

Sorry fam, the kid's biggest dream was becoming a rapper and dropping a hot mixtape. Our race took an L breh

@DaSk8D00D you better be the spitting image of success in a coule of years, your coli brehs got you. we can't let you go out like that

 

[DaSk8D00D]

Blew through $180K ... You gotta be White tell me you ain't black..

You're halfway right on that one:cacMJ0:

Sorry fam, the kid's biggest dream was becoming a rapper and dropping a hot mixtape. Our race took an L breh

@DaSk8D00D you better be the spitting image of success in a coule of years, your coli brehs got you. we can't let you go out like that

Last words my mother spoke to me before she died unexpectedly (heart attack in her sleep, literally talked to her on the phone just hours before) were encouraging me to do music, what y'all think I was gonna do?

Least I got some good songs out of the experience





Shiiiit I better be at least better than average or I'm hella salty:stewfacepalm:

Either way, I'm already working my ass off tryna sell cars at a really good Honda dealer aiming for $50-60K my first year so that's a start:kobeshrug:

 

[Suleiman Bey]

Trying to save these hoes.

 

[#1 pick]

Not investing during the recession but I was damn near broke. Even then, I had like 600 dollars, I could have made a lot of money. I was young and wasn't willing to find opportunities.

After taking financial literacy classes and seeing how do invest correctly, I try get quick rich shyt thinking I know better and blew 400 dollars.

Having a baby out of wedlock was probably the biggest one.

I have had others but I got my money back at the end of the day.

 

[#1 pick]

@Illuminatos, you don't realize it but the one thing I wish I could tell a virgin is the wrong choice of female can be an extremely costly one. Value your dikk like a dime values her vagina.

 

[1970s HeRon Flow]

Student loans I guess. I could've gone to CUNY ( Brooklyn college) for free. But I wanted the " real campus, real college experience", real diversity, joining organizations etc.

I use to be a heavy Yugioh card player in my earlier 20's. I spent over 5k on cards, Shonen jumps, regionals, and preview tournaments. I could've used that extra cash for something else

Like Vice Queen said, I could've saved more money.

fukkin nerd

 

[Family Man]

Student loans I guess. I could've gone to CUNY ( Brooklyn college) for free. But I wanted the " real campus, real college experience", real diversity, joining organizations etc.

I use to be a heavy Yugioh card player in my earlier 20's. I spent over 5k on cards, Shonen jumps, regionals, and preview tournaments. I could've used that extra cash for something else

Like Vice Queen said, I could've saved more money.

I went to CUNY too. I went to York College right in the middle of Jamaica Queens. One of the Best decision I've ever made.

I just made the worst financial decision recently. I had a 2006 Honda Accord that was paid off. My nephew is a good kid that was struggling financially so I gave him the Accord and bought a used Acura TLX

 

[Heafcliffe]

Buying a fukking Mercedes Benz (a C Class at that).

Glad I went thru it at a younger age bc now I'll never be tempted again.

I'm cool with my sub-$5k car now.

 

[1970s HeRon Flow]

I went to CUNY too. I went to York College right in the middle of Jamaica Queens. One of the Best decision I've ever made.

I just made the worst financial decision recently. I had a 2006 Honda Accord that was paid off. My nephew is a good kid that was struggling financially so I gave him the Accord and bought a used Acura TLX

Is your nephew tryna do something good or just struggling?

 

[Family Man]

Is your nephew tryna do something good or just struggling?

He's on his way to becoming a pilot. He came up from Jamaica and didn't have a whip to get back and forth. I made a huge sacrifice for that kid. The car helped him out a lot. I look at him like a little brother though.

 

[1970s HeRon Flow]

He's on his way to becoming a pilot. He came up from Jamaica and didn't have a whip to get back and forth. I made a huge sacrifice for that kid. The car helped him out a lot. I look at him like a little brother though.

He more then deserves the help your giving him,props to you and your nephew

 

[Elvira Sol]

Buying a fukking Mercedes Benz (a C Class at that).

Glad I went thru it at a younger age bc now I'll never be tempted again.

I'm cool with my sub-$5k car now.

I've been there before . I was young as well. Luckily it didn't hurt my finances too much.

 

[Darealtwo1]

Formal education that didn't include degrees in finance, economics & entrepreneurship.

whats wrong with a degree in finance?