Nobody is born a financial wizard. You learn important lessons about spending, budgeting, saving, and investing through life experience and—hopefully—with the help of a good mentor. And any money mistakes you make, no matter how painful, are potential learning opportunities, so long as you have a growth-oriented mindset.
That’s not to say that any money-related blunders you make don’t hurt in the moment… they do. A lot! Recently, some AskReddit members opened up about the very worst financial decisions they’ve ever made. Scroll down for their stories, as well as the tough lessons they learned.
Bored Panda got in touch with personal finance expert Rick Orford, the author of 'The Financially Independent Millennial,' and he was kind enough to shed some light on getting out of debt and developing a healthier relationship with money. You'll find his thoughts below.