Do you wish you had done something sooner or better when dealing with money?
2007-02-13 17:19:57 · 11 answers · asked by zander1331 3 in Business & Finance ➔ Personal Finance
I knew it, I just didn't do it. Save 10 percent of everything and invest it. If I had, I would have been a lot more comfortable now.
I do it now and it's paid off.
2007-02-13 22:05:40 · answer #1 · answered by Big R 6 · 0⤊ 0⤋
Never ever get a credit card. You end up in debt for things you've already used up and living off the hope that SOMEDAY you can get enough together to pay off the darn cards. And while you're scrambling to pay just the minimum payment you start getting hit with fines and stuff you never heard of.
Now, I don't get it unless I can pay for it. The only exception is my vehicle and my house. The house is paid off....to the bank not a credit card and I'm paying a car finance place for the truck. (and I'm not even very happy about those debts but I had no choice.)
Wish I'd started, and kept up, a savings account way back when and never touched it. Wish I'd kept that Howerd the Duck number one, though it might have lost value by now. Wish I'd majored in something marketable in college. Wish I'd never applied for, or accepted one of those "you are already approved" hooks from a credit card company.
I really do distrust those credit card companies. The way things seem to be going they may soon own the country.
2007-02-14 01:38:55 · answer #2 · answered by Sulkahlee 3 · 2⤊ 0⤋
I wish I had been adamant about saving money.
I beleive that had I started WAY back when I first started working just saving at least $50 per month- I'd have a good amount of money in the bank earning interest.
The money could have been raised each month as I got raises, etc.
I didn't.
So I'm 36 with absolutely NO savings because I've convinced myself that I don't "have it" to save. I know this is not true, but it is difficult to get into the habit.
I'm trying to teach this to my teenagers so that they can see and enjoy the benefits of saving money NOW and all through adulthood so that money is not such a strain on their everyday living.
2007-02-14 03:20:08 · answer #3 · answered by TRAC 2 · 0⤊ 0⤋
After gaining the awesome and priceless, financial, self education and knowledge I've acquired, I wish I had learned it sooner and not wasted my time going to university.
It took going to college, graduating, working as an employee for me to realize it's not the way I wanted to live. I was a health professional, now non-practicing. Although, my pay packet was better than most people's, I never had enough time to enjoy it.
Also, I hated working on a rostered schedule, having to take orders from non-health professional bosses that knew nothing about efficient and optimimum health care, yet they are the ones that called the shots. Also I hated having very little free time for loved ones, friends and leisure, not to mention very little vacation time.
I had to learn of other legal ways of earning income, while maintaining my personal freedom and determining my own schedule. I took lotsa financial edu courses, started investing and even opened and run my own business now. I'm happy to say, I now have total freedom, a better income and time for my loved ones and leisure; I take vacations any time I want. It is really awesome to have total freedom.
2007-02-14 01:34:12 · answer #4 · answered by Muga Wa Kabbz 5 · 1⤊ 0⤋
I wish I'd been introduced to The Total Money Makeover by Dave Ramsey years ago... I'd be in a much better place now if I had been.
2007-02-14 22:14:19 · answer #5 · answered by Jen G 5 · 0⤊ 0⤋
Never give money to friends or family if you have to get it back. And if I would have at least put a doller a week for my each boys then by the age of 16 I wouldnt have to worry about collage expense.
2007-02-14 01:57:29 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Don't co-sign on a loan or lend money to a friend or family memeber (or especially a boyfriend or girlfriend!). No matter how well-intentioned they are, you are putting your credit/money in someone else's hands. If it goes badly then the relationship is ruined, but even if it goes well, the relationship is strained and unbalanced. Don't do it!!
2007-02-14 11:59:40 · answer #7 · answered by lizzgeorge 4 · 2⤊ 0⤋
Put $2,000 savings a year into an account earning compound interest starting when you're age 21, and by the time you retire you'll have a million dollars in that account by virtue of compound interest.
2007-02-14 01:30:06 · answer #8 · answered by Anonymous · 0⤊ 0⤋
I don't have any problems with my finances, I just wish I had a god damned career.
2007-02-14 01:28:16 · answer #9 · answered by Chuck Dhue 4 · 0⤊ 0⤋
Yes. BE CAREFUL WITH CREDIT CARDS!!
2007-02-14 01:27:09 · answer #10 · answered by Young,risky,& looking 4 returns 2 · 1⤊ 0⤋