What money mistakes have you made in the past? Share

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Bae
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#1

 

Mistakes are good teachers. How good it would be if we could share experiences and in so doing, protect others from making same errors? Use general terms are share with us so we learn.

For me, I once invested in something I didn't know much about and I lost my life savings.

Rule of investing: do not invest in what you don't know.
:laughs:

Share yours.
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Jared
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#2

 

Bae wrote: ↑October 13th, 2023, 11:11 am For me, I once invested in something I didn't know much about and I lost my life savings.
Sorry about your experience. You sure are a better investor now.

I once underestimated the power of emergency savings, until I had an emergency. Since then, I learned my lesson. :tongue:
Financial Literacy is the possession of knowledge, skills and behavioral traits that help an individual make informed decisions regarding money. đź’°

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Kachy
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#3

 

I trusted someone with money blindly. Buy now I will never make same mistake again.

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Jared
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#4

 

Kachy wrote: ↑October 16th, 2023, 2:58 am I trusted someone with money blindly. Buy now I will never make same mistake again.
Sorry about that. We're you able to recover the money?
Financial Literacy is the possession of knowledge, skills and behavioral traits that help an individual make informed decisions regarding money. đź’°



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