On June 15, we had the pleasure of hosting the Yakezie blog swap. We came up with a topic and asked other personal finance bloggers about their biggest financial mistakes.
We had 14 awesome bloggers who shared their stories. One of the biggest life lessons is to learn from your mistakes and vow to never travel in the same footsteps. I encourage everyone to check out these awesome blogs and see what you can learn from it.
- Daisy from “When Live Gives you Lemons, Add Vodka” shared her story on DollarVersity. Her biggest mistake? Getting a ready credit card without reading the terms.
- Eric from Narrow Bridge talks about taking emotions out of investing. The key takeaway is that it simply doesn’t matter if you like the company’s product or not.
- Shane from Beating Broke definitely had his fair share of mistakes. One of the biggest advices I give to all my clients is to notice early warning signs of debt problems and fix them immediately!
- Jake from “I am 1 Percent” lost $100k in 12 years. Read how his investment during the bubble costs him a fortune!
- Michelle from Making Sense of Cents talks about her personal struggles growing up.
- John from My Family Finances talks about how pursuing the wrong degree in college impacted his financial life.
- Debt and Buried actually talks about how credit card companies target new graduates to apply for credit cards. This sounds all too familiar, as it was something I was exposed to as well.
- Stephanie Halligan @ The Empowered Dollar tells you about how a single letter cost her thousands of dollars.
- Nick from Step Away from the Mall talks about his bundles of mistakes, one of them being buying a rental property after grad school.
- Eric from DollarVersity has committed almost every financial sin out there. Read his story on his financial mistakes in his 20s.
- Jason from WorkSaveLife writes about how investing in penny stocks cost him a fortune!
- Shondell over at Call Me What you Want Even Cheap talks about how taking money advice from a broke friend was one of the worst financial decisions ever made.
- And lastly but not least, you can check out Erika’s post on our spending spree bonanza on our blog.