What I wish I'd known

andys15

here here. wish i could rewind

slscarborough

I wish I had known how bad my ex-husband was with money before I had married him. Mind you I probably would of still married him.

KipKip_2

bargainbetty wrote: »

I wish I had known that my Mum was right about credit cards, debts, car insurance, budgeting, learning to cook, managing a home, and just about everything else.

It would have been cheaper to listen to her. Sooooo much cheaper.

I so agree with this one!! my mum & dad were always telling me about debts and stuff i hid it all from them pretending i had taken on board their advice when i hadnt! Finally owned up to them last year at LBM - 6 years aftera accumalating the debt!

I have, like many, learnt the lesson the hard way, but it's made me wiser and careful with money now and in a way, I'm glad I went thru it (... just maybe not as much!!!) :D

immoral_angeluk

I wish I'd have known how strong and financially organised I would end up being by being alone, compared to staying in a marriage that was holding me down and causing lots of financial stress.

Daybreak

I wish I'd known that 'its only £10 a month' is £10 a month too much when you don't really need whatever it is anyway, and when you add it on to all the other £10 a month payments you find your getting in trouble. That paying the minimum on credit cards is a stupid stupid thing to do - the debt will never get any smaller that way. I could cry when I think how much I have paid in interest over the years. And finally that living within your means is not just achievable, but enjoyable and rewarding.

angeldiva

I wish I really knew the full concequences of having a Defualt on your credit file, 6 years is a loooooong time..

girlypink

Woowoo wrote: »

I wish I had known when I was 18 years old and first got into debt that it was a really stupid bloody idea and I would still be paying it back when I was nearly 30!

How has it taken me 12 years to realise that all you have to do is live within your means?

i wish i had known this too, and i wish i had the willpower then not to accept every offer of credit thrown at me.

rubytuesday87

I normally like to think I have no regrets, but when it comes to money.....!!!

I wish I had known:

• when I was a student that an overdraft (and a credit card) is not 'my' money and will have to be repaid one day!
• before recently that doing a simple budget spreadsheet on Excel would help me to live within my means and project for the future
• that the point of consolidating CCs with a loan is not to go and spend on the CCs again!!!
• that, if you want to do something big and exciting, it needs to be saved up for...no more spur of the moment travelling!
• how cheap food shopping can be (used to spend £30+ per week when I was a student, now I work and have to get by on £15ish per week due to debts)

However, it's not all bad, I did have a really good time a lot of the time when I was financially naive!

brokeinwales

I wish I'd known that all those nice shoes and clothes I just chucked away when I moved house seven years ago would've made me a tidy sum if I'd sold them on ebay instead! And that the food I chucked in the bin one week would've fed me for another week if I'd had the brains to use the freezer. (Seriously some of the stuff I've discarded in perfectly good nick makes me feel a bit queasy now, and not just cos of the money...)

stressedtothelimit

I wish I had not wanted so much so young!! got my cc at 18, loan to pay back at 20, went on nice holidays, bought a house and got married all before 23!!!! but it was all paid for on credit!!!!

You shouldn't be allowed credit till your 30th birthday!!