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

Data-Hawk

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Easily buying a $24K car and putting a TV in it. All the while only making $12.75/hr and I had a kid on the way..lolol

Which is funny looking back, I make way more now and my current car has been paid off for 2 years now. Everybody keeps telling me to get a new one. It's going to have to completely break down before I buy a new car.lol
 

BlackEfron

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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 :wow:

.



and id still wreck you

- blackieorbinson
 

BlackEfron

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The amounts lost in these 3 stories are smaller and smaller but the mistakes are bigger and bigger.

1: Not investing in Netflix like someone was badgering me to. I invested in a "safer" Asian Growth fund that did ok but nothing like what Netflix did. I would have made hundreds of thousands of dollars instead of a few thousand.

2: Investing in a restaurant that failed. Cost me about 30k.

3: Bankrolling a stranger $500 at a casino who promised to pay me back cuz we were having fun at the tables. Never saw him again, obviously.
how much money you making to do all these move :dahell:

- blackierobinson
 

patscorpio

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Not working during 3 out of my 4 semesters in grad school. i had to live off my savings and work like crazy off semester. Add to the fact all I got were loans so I had add a little bit here and there on my loan application so I'd get a bigger refund. This was coming off a relatively care free existence financially in undergrad because i had a full ride plus being paid a stipend every semester. So it was :francis: to me.
 

Dirty D

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how much money you making to do all these move :dahell:

- blackierobinson

I started working my first real job at 22 making less than 40k. At 23 I bought a 2-bedroom condo with my brother and we had a couple of friends from school with live there and pay rent. I slept on the couch for 2 years but only paid $300 a month and at the end of that 2 years I was closer to 70k. That saved a lot of money I could put into other things. Then I cashed that property out and rented for a while. Now I have my own place and make 6 figures.

I still try to find shyt to invest in so I can eventually not need a 9-to-5. But my 9-to-5 is pretty cushy still.
 

Nemesis

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I blew a lot of money on stupid shyt.... a horrific amount of money...... clothes,cars,clubs..... the usual nonsense

once went through three cars in a year....smh

dumbest thing I ever bought was a professional meat slicer for my kitchen ... paid over $1200 for it ..... and I probably cook less than ten times a year.... never ever used it, just sat on the counter for two years.... ended up selling it to my cousin


I did save a lot of money though....thank God
 

eufemism

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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 :wow:

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


Damn breh I was heavy into Yu Gi Oh too but 5K?!?!?:damn:




My deck was fukked up because I only had cards that people gave me:russ: Summoned Skull and Red Eyes Black Dragon held me down for a minute:banderas:
 
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