'It was the worst financial decision': 3 money experts on their biggest spending mistakes. (via Grow_mag)
Figuring out when it's OK to splurge or the smartest ways to splurge takes time, though. Even those who have hit impressive financial milestones have made their share of spending mistakes, mostly related not to what they bought but rather how they went about paying for it.Andrea Woroch: Opening a store credit card
Using multiple cards made it hard for her to track spending. Now, she says, she sticks to a single cash-back rewards credit card and uses coupons for specific stores.paid off $300,000 in debt in three years While she doesn't regret enrolling in the program, she does wish she had read the fine print on her student loan. "I would have shopped for other options," she says. "I would have saved up more money before I started and taken out less loans. Or I would have spread out finishing the program in a longer amount of time versus finishing it in two years."Seattle consultant Obioha Okereke, 24, invested his first $150 when he was 18.
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