Not Saving regrets?

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Markusk:

I saw a lot of my friends in chiropractic school do the same thing - max out the student loans. I am thankful I was able to just keep it to "tuition only" and not "tuition and living expenses." It really did make a difference.

It's a good lesson - just because can borrow doesn't mean you ought to borrow. Or at least paying interest as you go as you note. That's a great share of a mistake I wish more people followed and even very intelligent people err on (obviously you'd have to be intelligent -to attend and complete medical school) - borrowing too much for edubacation.

It's funny - my good friend (and co-author to my website) is a nephrologist. The guy is freakin' genius on chemical pathways and recitation of that but his eyes kinda glaze over when I start talking about capitalized interest.

[maat55]

10 years ago I was living in a much cheaper house and saving 15% of my income. For about 6 years after that, I bought too much house and cut way back my saving.

I'm back on track now and not looking back.

[Caoineag]

10 years ago I was 18. I paid for all the expenses of my senior year of high school in cash by myself and helped my father with a couple of matters that probably added up to about $600. I also upset him that year because he thought I should have bought myself a class ring, a class jacket and my senior photos. I thought clothes, food and a small extra cash pile (which ended up getting spent on him) was more important.

My bad spending habits only started 5 years ago and I got serious about them that 3 years ago so my only regret was not learning more about how to save up money prior to graduating from college.

[Snave]

I was about 2 years into my job out of college. I was aking good money and maxing out my 401k. I worked for a big-name company that had always done well. Everyone at the company talked about how much they had made having their 401k in company stock. My first year it went up 68%, but clearly I only had a few grand in there. After that, it dropped and dropped. I really wish I had diversified a lot sooner. Stupid!

[red92s]

10 years ago I was only sixteen. I don't know that I'd change a whole heck of a lot. I worked a good amount in high school and bought myself a nice used car which lasted 7 years until I ran it into the back of a 4Runner.

[inneedofhelp]

Yes, I am totally kicking myself right now. I had $12,000 grand about 6 or so years ago, and now I have less than $1,000, and my debt is maybe equal if not more.