Category: Dumb Money Choices

The following is a guest post from Anne @ Unique Gifter, writing about neglecting the little things and having a constant stream of packages show up from not planning out her gift giving properly.  (Picture captions are mine.  Canadian spellings are hers.)  Thanks for the post, Anne!

Saving and making good money choices are a huge part of my lifestyle. Throughout our marriage, my spouse and I have taken the “right” steps to set ourselves up for future retirement. But that doesn’t mean everything is perfect – so here is our dumb money choice: neglecting the little things.

Continue reading “Dumb Money Choice: Neglecting the Little Things”

When I think about all the bad money choices I made in my early years, one thing comes to mind quickly.  (Why I didn’t write about it until now, I don’t know.)  See, we got caught up in the wonderful world of timeshares.  And we knew better, even back then.

What happened?

Continue reading “Dumb Money Choice: My Timeshare Story”

When I started writing about dumb money choices from my 20s, I am a little ashamed to say that I missed the obvious mistake we made.  The right choice was there, right in front of us, and we chose poorly.  The obvious mistake?  We had student loans, and instead of paying them, we consolidated into a longer term.  How much money did that cost us over the long run?

Continue reading “Dumb Money Choice: Not Paying Student Loans Early”

A little while ago, I started a series of posts regarding all the bad financial choices I made in my 20s.  I made a bunch, I can see now (with my 20s way, way behind me), and I am still paying for them now.  Today, let’s talk about one of the big mistakes I made:  not planning for the future.

I mean, as I must have thought at the time, everything was going to stay the way it had been, right?

Continue reading “Dumb Money Choice #2: Thinking Nothing Would Change”

Why am I, a father in his 40s, still a long way off from FIRE when so many financial bloggers are decades younger but way closer?  Well, for me, it has more than a little to do with decisions made long ago that, if I had it to do again, I might have changed.  The first thing I would have changed would have been to invest more when I was much younger.

Continue reading “Dumb Money Choice #1: Not Investing in Your 20s”