4 Money Decisions You Will Regret Later

They may seem like good decisions at the time, but they could haunt you for the rest of your life.
  1. Jing says:

    Thank you Kumiko for writing about the minimum payment issue! I hate how credit card companies make it seem as though the minimum payment is the norm when paying off the balance actually is!

  2. Ugh. One money decision I still regret to this day was in 2008 when I invested a portion of my down payment in Blackberry and quickly lost $16,000. I felt sick. Every day I wanted to vomit.

    I made multiple mistakes at once. One was investing part of my down payment. Another was not diversifying. Another was investing way above my risk tolerance.

    The one benefit from my terrible terrible decision was that I started to learn about investing and personal finance. I’ve probably made money from that terrible decision in the long run. It was a real kick in the @$$ and it made me save and invest more than I would have.

  3. This is really great advice! I too was guilty of 3 of the 4 things listed. I regretted student loans for years – I finally had enough which led to our (my husband and mine) journey of paying off $100,000 in student loan debt in 26 months. It was a wild ride that led to SO many revelations about ourselves and who we want to be in this world.

    Thanks for putting out such great advice! Keep up the good work!

  4. Venu says:

    Hi Kumito,
    That were 4 points need to be known by the people who don’t care about their money.

  5. That financial aid point is a great one. I was blessed to have my parents pay cash for college so I didn’t have to deal with this. In recent years though I’ve spoken with a lot of recent graduates (and some people 20+ year past graduation) dealing with student loans – and only then did I realize just how much can be borrowed and spent beyond “hard” college costs. It can really get out of hand if someone isn’t careful!

  6. I used to overspent on mostly everything and regret later. But now I understand the value of saving. Thanks for the great tips.

  7. Kalpana says:

    Hey Kumito, Thanks for the post on preserving money to not regret in future.

  8. Brain Tracy says:

    The crystal clear information I have found, and everyone should aware of this, can I share this with my community? because someone could get the benefits right?

  9. Great tips. I should apply some. Thanks for sharing!

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