Friday Financial Foul Ups is a series I created to help others learn from the experiences that have taught bloggers a lesson or two about managing their money. I hope you find this series educational and as much fun as I have to this point.
Check back each Friday for a new foul up written by myself or another of your favorite bloggers.
Jesse talks about purchasing a rental property without fully understanding all of the fine print of the agreement. It may feel easier not to ask questions, but in the end his wallet would have appreciated knowing more.
Read More »
Paul talks about how he decided to undertake a huge project in restoring a 1972 Chevelle. Not only did he not complete the project, but he lost several thousands on it.
Read More »
Mrs. Micah thinks her biggest financial foul up is getting married. However, she says this is one foul up she can live with, and would repeat over and over again.
Read More »
Evan talks about his amortized car loan, and how making an assumption led to him paying down interest instead of paying down the principal.
Read More »
Elle gets into what made her purchase her new vehicle, and how having a comparable car to her friends was important to her, yet detrimental to her finances.
Read More »
Brad gets into how his interest only loan has frustrated his financial situation. He also details several things he learned from the experience.
Read More »
Kelly describes how her failure to plan for her third child in conjunction with buying a car ended up costing her $24,000.
Read Kelly's Full Foul Up Here
Stephanie discusses how she signed her life away at the age of 17 by applying for early acceptance at (and getting into) her dream school.
Read Stephanie's Full Foul Up Here
Jeff talks about how he wasted $10K and 11 Months of his time by working a PT job to support his current lifestyle instead of paying down debt.
Read Jeff's Full Foul Up Here