Regret over money is just the worst… And it’s happened to everyone, including myself. A survey reveals some of our biggest financial regrets I could have taught myself everything on my own, which I mostly have, and wish I just took out a loan to buy high-end equipment to start my own company. It's enough money in which a week and a half's pay equals one student loan payment. Go somewhere else. Soon after, I decided I would take out a loan for school to dig myself out of that hole. My parents bought a $300,000 house in Las Vegas, Nevada in late 2006. couldn't handle the stress. I ended up selling for $43k less than purchase price. That being said, my kid WILL NOT be going to ITT. After nearly a year of unemployment, I am finally working as an in-house graphic designer at a crappy place that couldn't care less if I earned a degree to learn graphic design or if I just taught myself. Criminal justice degree. I graduated from the CAD program from ITT in 2001. Biggest Financial Regrets – Have Any? worked like crazy and paid it off in 3 years though. We asked some top money experts to share their biggest financial regret, and here’s what they had to say. After a while experience trumps education. Not all regrets … Every year spent there was a year I fell behind in my life. :-/ oh well. NOW..... while the education did offer some skills, I could have gotten the same skill set at a community college for a quarter of the price. Financial Freedom means you do not need to concern yourself about appearances or what others think about you. I honestly thought I'd be living there for a long time. 1. And i have family that own their own house construction business. I have yet to find job satisfaction. I moved to Hyderabad and felt this is a nice city to drive in I should go for it. Hopefully they can be counted on a single hand, and if you’re lucky they’re long in your past. The financial crisis of 2008 may play a significant role in how economics majors are feeling about their academic paths. After my freshman year, I had 56k left and decided to day trade and took out VARIABLE rate loans for tuition and planned to pay them off entirely with the profits that I'd have after graduation and boy was I WRONG. was at a mediocre job working for the cast of Office Space and what seemed like good money when I first started never went up and eventually became "underpaid". It's an extremely expensive investment. TRENDING. I keep hearing from jealous/stuck coworkers, "employers won't like how it looks if you jump around that often," but they keep hiring me for more money. My biggest financial regret is buying a used car after getting my first salary. At its core, FI/RE is about maximizing your savings rate (through less spending and/or higher income) to achieve FI and have the freedom to RE as fast as possible. Read full article. The market for condos in the area crashed. Work has been slow for over 6 months now and I wish I'd put that money into RRSP's or against my car loan, or really anything more responsible. Got my degree from ITT Tech. Press J to jump to the feed. 7 common financial regrets Either way, almost all of us have made cringe-worthy financial decisions, which can often follow us … I'd love to leave my industry... if only I could find a job that pays comparably. Home. Even worse, I put $50k worth of renovations into it. I've been thinking about FIRE a lot lately. It still remains one of my biggest financial regrets. This is a place for people who are or want to become Financially Independent (FI), which means not having to work for money. In fact, it can do us good to think about these regrets now and then. Not challenging myself and staying in the same low-paying job when I was younger (stayed there for 9 years). I'm a little late to the game though, and I fear that one enormous financial mistake in my past will keep me from actually retiring early. I can't imagine staying at a job that long. Stayed 4.5 years at a job where I knew I was being underpaid because I was doing well according to my bosses and I had high hopes for a large pay increase. I feel like such an idiot now, there are so many better things I wish I'd done with the money. I could easily transfer my job to where she was living, but she couldn't do the same. financial regret financial regret financial regret financial regret financial regret financial regret financial regret financial regret financial regr. And like the previous regret, at least I was able to learn from it. That mistake might literally be the thing that keeps me from retiring early. But that day never came and I left that job for an immediate 23% raise plus an extra week of vacation. Everyone faces some regrets, and financial regrets are common. I mean, the cost of the car was about 2/3 of what I was making every year! I am now working as a paralegal so things are OK but I really should have looked around more. I thought it was a good school when I enrolled and then I attended the classes and I couldn't believe how easy it was. Stay on top of your credit scores Check now So yeah, there goes their entire life savings and our college funds. Whether you decide to seek advice for your financial future or not, actually having a plan in the first place is the important thing. I took a beating on it. Happiness is a choice you are free to make. Three months after moving into my condo, I met the woman I would later marry. it's cliche, but that was the best thing to happen to me. I'm 4 months into a new job and already looking for a way out. Log In Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. Tl;dr - went to ITT, have good career and life now thanks to ITT but would cut my kids fingers off for trying to go there. As of today, Im the Senior Design Engineer for an engineered cable solution company with a salary to match the title and path to management in the future. When you throw in the $50k worth of renovations and include things like condo fees and property taxes, I ended up blowing $100,000 on the stupid condo. But I don’t regret it. I actually want to build a tumbleweed home. this might be the worst one, congrats I guess? What Are Your Financial Regrets? Regret 3: Young, naive and wanting to impress. For this regret we go back again to university. In the end I'm grateful for the life experience of going to ITT and I wouldn't be where I am today, living comfortably with my wife and soon to be child in our own home. I was single. Press question mark to learn the rest of the keyboard shortcuts. The only reason I left cause I went through a breakup and needed some change. 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