Do You Have Great Stories To Tell About Your Worst Money Mistakes?

I've done it, you've done it; we've all done it ... spent money and then find out it was NOT the smartest thing we did!

Tell us how you shouldn't have spent your hard-earned cash and comment on submissions already made!

Now, don't be embarrassed, your personal information is kept confidential; only your first name and country will be posted with your submission.

Besides, your mistake can help others avoid doing the same thing, by submitting you can help others see the money mistakes to avoid in their own financial decisions ... so, speak up ... err, write up your entry now!

Want to see what others have posted? Check out what others have said here.

Submit Your Money Mistakes

Give us the details about your worst money mistake, what you spent, where, why and how it turned into a mistake. Share it now!

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What Other Visitors Have Said

Click below to see contributions from other visitors to this page...

Dazed and confused  starstarstarstarstar
We have refinanced our home many times (dumb), except when it was to lower the rate. Most times, we used equity to pay off auto loans, pay credit card ...

Having no emergency fund has almost ruined me  starstarstarstarstar
I remember reading books on budgeting and finance and their advice to be sure to have an emergency fund set up that should consist of three to six months ...

Banks, They Make it 100 times worse  starstarstarstarstar
I run my own business and it went through a bad patch for about 10 months and my bank, instead of trying to help, made things much worse.

It started ...

Debt Made My Life Miserable  starstarstarstarstar
Hi

I made great fault of my life by having credit card. To start with it was of one company.

Slowly I got credit cards of many other companies. Just ...

SIGN UP RIGHT NOW! Resisting Sales Pressure   starstarstarstarstar
When my husband and I were first married, we were invited to a "buying club" in our city. We were young, and oh, so dumb. The premise was for a "mere $1,...

Beware Latest Fads  starstarstarstarstar
OK, as much as I hate to admit it ;-) here’s my "worst money mistakes" story…

In the late 1990’s, when Ty Beanie Babies were hot, I had gotten a few,...

Savings Account Diet  starstarstarstar
I would have to say that my worst money mistake was keeping my savings account on a diet during the years when it would have made the most difference to ...

Racing Checks to the Bank - bad credit choices  Not rated yet
I used credit cards and cash advances to "catch up" some months that I had overspent because of poor financial choices (just "had" to have a large ticket ...

Young and was dumb...maxed out credit cards  Not rated yet
I married my husband at 18. I decided I needed money like him so I applied for all kinds of credit cards, got them in the mail and just used them until ...

Debt Settlement Help  Not rated yet
Hello:

I am hoping for some help. I have an extremely large amount of credit card debt. I do not wish to file bankruptcy. I have made debt settlement ...

Condos in Texas  Not rated yet
Short story.

Slick texas realtor sold me 7 condos in a rundown complex. Did the same for 3 other California investors.

3 years later, this rat hole ...

Medical Bills and Credit Cards  Not rated yet
We don't have the best insurance, and I was paying on our medical bills. But, like all medical facilities, you can't just receive one bill, you receive ...

Science Fiction Convention... fun?  Not rated yet
Oh sure, I had a great time. Meeting celebrities, visiting with internet friends, but was it really worth it? Did I really spend a ridiculous amount of ...

Ebay Nightmare  Not rated yet
Well I like to buy things on E-Bay!

I noticed a Japanese samurai sword on Ebay and my fiance loves WW II antiques so I bid on it.

It was only 21 ...

Secrets...  Not rated yet
About 8 years ago I left a great job at a local bank. I had about 50,000 in a 401k. My husband and I had a lot of debt, about 30,000 in consumer debt ...

Who hasn't fallen in love?  Not rated yet
Ok, when I was still young enough to believe that a whirwind romance could be anything but trouble ...emotionally and financially... I married a man. Addicted ...



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Do you have a great story to tell about your worst money mistakes?