I Asked People Their WORST Money Mistakes… Again

Comments · 248

• SE

  @sewsav7421 · 2 years ago

  Notice how most money mistakes was related to cars….

  143

• CI

  @ciscoshibler3214 · 2 years ago

  A few weeks ago I had a nephew asked me to co-sign for a truck he wanted (he had a terrible history with being bad with money.)<br>. I ended up telling him that he knew what my stance on debt was and advised him to buy a car with cash. He ended up finding a sucker to help him out. Now 3 weeks later he just lost his job &nbsp;and it&apos;s looking like the truck will get repod... I Dodged that bullet for sure.

  241

• KA

  @kasession · 2 years ago

  Getting into credit card debt...TWICE!!!! &nbsp;<br><br>Been totally debt free for 15 years. 👍🏿

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• DO

  @donnahampton3632 · 2 years ago

  My biggest money mistake was not speaking up to my husband (now ex-) about his spending. I was told to support his decisions to be a good wife. He led us to bankruptcy, even though his lawn care business brought in $500k every year. He lived on debt. Until the house of cards collapsed on us.

  61

• SA

  @sarscov9854 · 2 years ago

  George was a massive hiring for Dave Ramsey&apos;s brand. As a millenial, I find him very relatable.

  18

• RA

  @razorex251 · 2 years ago

  Biggest mistake $16 - $20k Lancer at 26% interest when I was 21. &nbsp;Payment at $350 a month insurance at $400 a month. &nbsp;Enlisting in the military saved me. The lender would not listen that I was leaving for bootcamp and decided to repossess the car which turned out to be illegal. &nbsp;Lawyer informed Wells F$@?0 that they would have to cease collections and remove the car off of my credit report due to SCRA. Best save ever!

  49

• NO

  @nodsib · 2 years ago

  Biggest mistake was definitely not buying the house I was renting 6 years ago, my landlord was going to cut it loose to me for what he owed on the mortgage ($400k), but I moved and got a rental through my workplace. The house is now worth well over $1M six years later.

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• NE

  @Neosum123 · 9 months ago

  Never EVER cosign... for nobody!

  12

• KL

  @KLC777 · 2 years ago (edited)

  Biggest Mistake: Taking out student loans.<br>Biggest Win: Completing baby step #2.

  26

• BY

  @bythebook1548 · 2 years ago

  Biggest money mistake was starting an airbnb in another state.

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• CJ

  @CJ-sg3vs · 2 years ago (edited)

  I had a coworker ask me to co sign for an auto loan. &nbsp;My answer was a quick H No. &nbsp; I wouldnt sign for my own child if I had one.

  36

• ST

  @StephanieJoRountree · 2 years ago

  Biggest money mistake: marrying my EX-husband, who refused to save money! All he ever accumulated, besides junk, was debt, debt and more debt. Proud to say, I am debt-free and mortgage-free!

  74