We all get caught up in marketers’ hype. We see the ads and get sold on the idea that if we only had this one thing, our life would be much better! Here, people share their most regrettable purchases.
You may think you’re getting a great deal on a used luxury car, but don’t forget maintenance costs! Luxury cars come with notoriously high upkeep expenses, and you may find yourself paying far more for a used one than a new one.
One Reddit user learned this lesson the hard way after buying a used BMW. “The amount of money I (spent) on buying+fixing that car, I could have bought (a) brand new BMW,” they shared.
The First Pack
Many users regret buying the first pack of their addiction. We pick it up because it looks cool, and we’ll think we can stop anytime, then before we know it, twenty years have passed, and we’re spending ten bucks a day on a nasty habit we can’t kick.
Apparently, Reddit has a premium offering. Some users got meta by posting on Reddit, that they regret purchasing Reddit.
A Pogo Stick
One user admitted to spending $300 on a Pogo Stick. That’s it, they win!
But nah, there’s more!
A Remote Control Car
Children are especially susceptible to lies in advertising. Their youthful innocence has them believing the exaggerated marketing claims. One user’s innocence was stripped at nine years old when the remote control car they absolutely needed to have turned out to be a complete dud.
Planners are fantastic tools for organizing your thoughts and your life. One avid planner said they were hyped for their 2020 plans until COVID came in and canceled them all.
All our 2020 planners turned out to be useless.
We buy engagement rings with the best intentions. However, with so many marriages ending in divorce, many people regret the purchase.
Have you ever bought something in a burst of inspiration, then never actually used the thing? One user experienced that with running shoes.
They were totally going to work out. They just needed new shoes, which have sat collecting dust in the closet. We’ve all been there.
Our homes can either be the most significant investments of our lives or a financial disaster. Some homes quickly turn into money pits when you discover all the undisclosed damage that needs to be repaired.
Designer bags cost a ton of money, and what’s even the point? To show off to others? Many people regret buying stuff that just makes them look wealthy.
All the cool kids had Beats headphones, but those who knew about music couldn’t stand them. They have poor sound quality compared to other headphones on the market and are far more expensive.
Many people regret spending money on college. It’s not the educational experience so much as the massive debt burden and lack of high-paying jobs promised if we got college degrees.
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Want enough money to quit your toxic job and not have to stress about it? You need an FU money fund.
A Solid Financial Plan Prevents Poor Financial Decisions
You don’t need to pay a financial advisor to craft a financial plan. Here’s how to do it on your own!
Read it Here: How To Make a Financial Plan
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Generational poverty is just as real as generational wealth. Here’s a look at generational poverty in America.
Slay Your Financial Goals!
Determining your financial goals and making a plan to achieve them is essential for a happy life. Here are some examples of financial goal to set and how to achieve them.
Melanie launched Partners in Fire in 2017 to document her quest for financial independence with a mix of finance, fun, and solving the world’s problems. She’s self educated in personal finance and passionate about fighting systematic problems that prevent others from achieving their own financial goals. She also loves travel, anthropology, gaming and her cats.