We all have our own personal spending regrets — the last minute birthday present that we overspent on; the plane ticket we bought without doing a price comparison; the non-refundable dress that we didn’t try on — but there are some purchases that are universally ill-advised. Take a look of our list of regretful purchases, and take heed. We made these mistakes, and now you don’t have to.
1. A new car
We’ve all heard that a car depreciates in value as soon as you drive it off the lot, and guess what — it’s true. Take advantage of that well-known fact and let someone else lose money by selling you their nearly-new car. This is much better option than paying $300/month for 5 years for a new car. Promise.
2. An expensive formal outfit
Your friend’s black-tie wedding is a once-in-a-lifetime opportunity for you to dress like James Bond or one of his evening-gown-clad ladies, but think before you swipe: is one night of dress-up worth a million more nights of staring at expensive, sweaty, red-wine stained fabric hanging in your closet? Probably not. Borrow, rent, or thrift your way into fancy clothes.
3. Expensive beauty treatments
Let’s just say that four leg waxes and $320 later (gratuity not included), your leg hair will still grow back. Plus: paying for pain is always ill-advised — unless you’re into that kind of thing, in which case, have fun getting your hair ripped out, square inch by excruciating square inch.
4. That third margarita
Know when to say when, and don’t ruin your enjoyment of the first two margs and the perfect veggie nachos by having to see what they look like on the way up. Stop with two. Trust us.
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