These Real Life Stories Of People Wasting Money On Bad Decisions Are Guaranteed To Make You Feel Better

You're not alone.

Being financially savvy all the time is a big task, and some of us are still just trying to master being even semi-financially savvy just some of the time.

So, every now and then it’s not uncommon to find yourself making a fiscally irresponsible choice. We’ve all been there. It’s OK. What doesn’t kill you makes you stronger.

But the worst thing is when you spend big bucks and it does not pay off. They say not to cry over spilt milk but I think it’s perfectly reasonable to mourn over your wasted money. Sometimes you need to live through that grief to be smarter next time you’re confronted by a tempting purchase.

Anyway, seeing as we are all only human and sometimes we need to commiserate in order to feel better, here are some real life stories from people who have wasted their cash on poor choices.

From the Reddit thread that asks, “What is the most expensive item you have bought that was a complete waste of money?” Here some answers that are guaranteed to make you feel better.

Starting with a classic story of longing and disappointment. Who among us has not experienced the whiplash of discovering your dreams were fake the whole time?

This one is a harsh life lesson warning against a trap too many of us fall into. Buy clothes that fit you, get rid of clothes that don’t, this will always feel better.

How much paintball are you playing before investing in your own paintball gun seems like a rational idea? We’ve all been there! Kinda.

Pyramid schemes, they happen to the best of us.


That feeling when your own child is nearly a casualty of your indulgent purchase.

Exercise equipment, clothing, and anything to do with diet and fitness must have the highest ratio for being overbought and underused.

Whoa, really think before you buy a rug.

This goes deep, but to sum up, don’t buy an aquarium.

Be careful out there friends. Think before you spend.

How Do you Decide How Much Of Your Income Is Acceptable To Spend On Clothes?

The eternal question.

Whether you’re searching for validation of your shopping habits or looking for advice to fundamentally change those spending patterns, the same question needs to be answered – how do we decide what is the ‘appropriate’ amount to spend on clothes?

The standard rule of thumb that the majority of financial advice online is pushing is that shopping should only account for 5% of your monthly income. Maximum. That’s shopping for clothes, accessories etc., not the necessities like groceries, cleaning products and all of those boring bits.

While it’s useful to have an actual calculation to work with, this number is just a standardised suggestion. The 5% rule doesn’t take into account any nuance, or agency on the part of the spender. This is not just me making excuses for spending far over that recommended amount on material goodies – although my semi-addictive relationship with The Iconic is an important bias to acknowledge.

There are a few key points you might take into consideration when deciding what amount of money is appropriate for you to be spending on clothes so that you can set your own, personalised budget.

Once it’s set, you’re much more likely to stick to it than if you’re in the game of estimating whether any individual purchase seems right in the moment. Not keeping track of shopping spends is the easiest way to let that number get scarily high.

The questions to ask yourself are mainly to do with your own priorities.

#1. Do you want quality or quantity?

Good quality clothes cost more but last longer. Bad quality clothes are cheaper but don’t last. The former requires access to bigger sums of money to spend at once – a luxury not everyone has, and the latter requires more regular spending.

Both add up cost-wise, though buying good quality and buying less is definitely a strategy that can save you cash in the long term.

#2. Is shopping ‘ethically’ a factor for you?

The fast fashion culture that we’re immersed in has us buying new clothes and throwing out old or ‘outdated’ clothes at an unsustainable pace. It burdens the environment at multiple levels of pollution and resource strain, and unless you choose your brands carefully, you are likely funding a clothing industry that exploits workers in underdeveloped countries. That is the reality of it.

The reality is also that not everyone is in a financial position to prioritise ‘ethical’ shopping, so we can’t lay a blanket judgment without considering the sliding scale of privilege.

But if shopping ‘ethically’ is something that you do want to take into consideration, that usually means spending more money on items – so make sure they’re good quality.

#3. How important are clothes to you?

Honestly this is just a super personal choice when it comes down to it. Maybe you work in fashion, and clothing is literally an important thing that you want to dedicate a larger portion of your budget to. Maybe you just love it and are willing to sacrifice other indulgences to buy ~things~.

You do you! So long as it’s sustainable for your budget (and the environment and workers too!) then there’s no rule that says you’re doing life wrong.

If you’re buying good quality clothes or ethically made clothes, and have your heart set on buying a lot of them, then of course your percentage spend on clothes might need a little more breathing room.

What it really comes down to is what you can take on along with the rest of your lifestyle costs vying for financial attention at the same time. So working out a budget and having that transparency in your spending just for yourself is the only way to really know what your personal limit is.

And that is definitely something on my own to do list.

Legitimate Ways To Make Money So That You Can Glow Up Your Life A Touch

"I’m totally happy with the amount of money I have," said no one, ever.

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Money is definitely not the most important thing in the world, but let’s be honest, it definitely helps. Which is why sometimes an easy cash fix is in need to perk up your funds and glow up your lifestyle.

So let’s talk about where you can actually get that pick-me-up when you’re looking for it.

Now, if ‘easy money’ is what you’re after, it’s important to differentiate between the methods that are legitimate, and those that are, unfortunately, illegitimate. You want cash, but you also want to avoid scams and/or jail time. That is key.

So if you’re looking for an easy way to snag some extra cash, we’ve provided a few examples of legitimate and illegitimate ways to go about it that can help you navigate your financial ventures wisely. Good luck, stay aware, and we pray you build the cash stash you deserve.

#1. Selling Your Clothes

Status: Legitimate

Kicking off with an easy one, selling your stuff is about as basic as it gets. There are so many avenues available for trading in your unwanted clothes and various goods for cold hard cash (or at least a cold hard bank transfer), so pick your poison and get to work.

Rent a market stall, get on that eBay hustle, become a rogue salesman on social media – the world is your customer.

#2. Anything Fyre Festival Inspired

Status: Illegitimate

Do avoid any easy cash scheme that bears even a remote resemblance to charging people big money for a luxury festival that doesn’t exist. See: Fyre Festival. This one comes under fraud and you can’t enjoy your cash from jail.

#3. Snag Some Cash Giveaways

Status: Legitimate

Cash incentives (from legit companies) can give you an easy boost when you want it. Cash is cash, and there ain’t nothing wrong with a cash incentive.

For example, if you’re keen for a cheeky $50 to play with, you could open a new bank account with St.George by April 3 this year, and deposit $500 within 30 days. (T&Cs apply.) You can read all about that offer here.


Status: Illegitimate

You know those ads you see pop up online announcing that you’ve won a laptop or trip to Hawaii or a hundred thousand dollars? Do not trust them. It’s not so much a great way to rake in some extra dollars as raking in a virus and potentially a thief after the cash you already have. Steer clear.

#5. Pet Sitting

Status: Legitimate

Honestly why are we not all pet sitting way more often? There are literally organisations that will pay you to look after little floofers and woofers and kittehs and whatnot.

That’s a privilege we would actually pay for, but instead you can be the payee.

#6. Join A Pyramid Scheme

Status: Illegitimate

Try drawing out a map of the venture you’re getting involved with. If it looks triangular, just don’t.


#7. Become A Survey Machine

Status: Legitimate

The trick here is: if a survey site asks you for money, you have likely wandered into illegitimate territory. TURN BACK. But there are actually sites that will pay you to do surveys, so get ready to let your voice matter.

Hopefully this guide helps you navigate on your journey through the easy cash grab territory.


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