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Anonymous

06 Mar 2020

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General Investing

What is the biggest financial mistake that you have made and what did you learn from it?

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Rais M

06 Mar 2020

Accountant at SME

Biggest financial mistakes is definitely spending unnecessarily. Could you imagine how much one could have saved if we do not constantly go out for expensive dinner and drinks, do not constantly purchase new electronics and stuffs?

On top of spending unnecessarily, the next killer is going for those get rich quick scheme.

Imagine those money are used to invest properly instead. The compound returns would definitely put me in a much better position today.

I would say my biggest financial mistake is spending too much money on alcohol and clubbing when I just hit 18. Thinking back, if only I cut down half the expenses on alcohols, I would be able to save a substantial amount of money.

Never start investing earlier on, but its never too late to start!

Kelly Trinh

25 Nov 2019

Backoffice technical at financial services firm

Being over extended in just prior to financial crisis. Being mentally prepared is one thing. But a m...

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