s/o the worst financial decision you made
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Anonymous
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1) didn't really start putting any meaningful $ into my 401K until I was ~34 years old
2) blew through an inheritance of $100K on things I didn't need in my late 20's (including a $55K car, a super expensive 2 week vacation in Europe (basically all first class), a composite deck for a townhouse I ended up selling at a loss... and so on). Again, while only contributing 2-3% of my paycheck to my 401K. 3) giving in to the DC pressure to buy an expensive home just because our friends were all buying $1M homes. |
Anonymous
| married someone from an UMC family who, after 2 yrs of looking, insisted there were no homes for less than $1.5M that she liked/wanted to raise a family in, yet she only contributes $90K/yr to our HHI. |
Anonymous
+1000. I think my biggest regret is just not being savvy about money, saving, and spending until well into adulthood. I listened too much to my parents (sure you can pay back these student loans! It's much better to lease a new car than buy used because you never know how much trouble it will give you!) instead of educating myself. I never got into serious credit card debt or anything but just spent too much on frivolous purchases and didn't start saving for retirement early enough. I'm making my kids take a personal finance class even if we have to go outside public schools to do it. |
Anonymous
I won't admit this to DH but I think this is one of mine too. We didn't have a fancy wedding by any means but it still cost close to $20k. Could have put that towards a house downpayment and bought a year earlier when prices were still rebounding from the crash and relatively low. All for a party that was fun but just not really necessary. |
Anonymous
Make your own money |
Anonymous
Harder to do when you have the burden of having children. |
Anonymous
1. you chose that burden. 2. you weren't born with kids so did you make any money before having them? |
Anonymous
Are you on the deed? |
Anonymous
What does that even mean? I have two kids and make more than DH and he makes a decent salary. |
Anonymous
I make over 200k per year. My husband isn’t able to have kids so to procreate and have a family the burden was on me. I had to recover from childbirth and he did not. I felt exhausted during pregnancy and he did not. I had to get up to feed a baby and he did not. |
Anonymous
| Didn't take over my husband's investments (i.e., make the decisions about where to invest it) when he asked me to. I didn't want the responsibility. But his choices have been worse than anything I could have chosen--options, bad all-or-nothing market-timing, etc. I've done very well in my IRAs with stocks and mutual funds--but he had a lot more principal to work with. |
Anonymous
| Not buying a Logan Circle rowhouse for $300K in 1999. |
Anonymous
| Buying a Used Mercedes with high miles. All the money I wasted in repairs that could have been used on hookers and blow. |
Anonymous
Could someone who feels this way elaborate? Is money actually tight? Or do you just wish things were easier? |
Anonymous
I can answer this. I had the opportunity to marry an NBA player but I just didn’t love him. I married a man I love and he makes great money ($120K) but we have two kids and need to save for things like a deck and vacations. Wouldn’t have needed to do that with NBA millions each year. So it’s not that I picked the wrong person but if I had chosen strictly for money - financially (even with a divorce) I’d have more money to my name. FWIW - DH tells me he’d keep the kids and be my side piece of I could funnel a couple of million his way annually 
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