The 6 Dumbest Purchases I've Made In My 20's (so far)

[@kolbis99]

Sometimes I add Avocado when I know I'm not wealthy enough for that.

[@chaveznury]

Anon1993 hahaha good one

[@xobeautyxo93]

Lmfao

[@justwithisaiah]

Yesss me at chipotle adding guacamole

[@savannahbarrientos7212]

I understand, completely

[@jasminoliva4264]

This comment is life 😂😂

[@daniellawall5922]

I payed $108 for a hair straightener. My hair is naturally straight

[@KourttneyL]

Daniella Wall same :(

[@russianhotty88]

Same I have seriously pin straight hair, but they really know how to convince you at those mall kiosks that you need one.

[@clutterbugging]

💀💀 well there's a way to get cute waves with a straightener if that helps

[@oliviakaye7900]

😂💀

[@lo4873]

Oh my God I've done this too

[@cait.]

One of my most current “bad financial decisions” is buying lunch everyday I work (Mon-Fri). I usually spend $10 a day which means I’m spending $200 a month JUST on lunch because I’m too lazy to make my own.... and it’s making me fat 🤦🏼‍♀️

[@babylxn9795]

LMAO I FEEL IT

[@bfleming8592]

An easy lunch is store cooked rotisserie chicken/meat substitute and steam-able frozen vegetables or taking leftovers for dinner. I will boil pasta while I'm running late, dump sauce from a jar, and frozen precooked meatballs together and take a still frozen vegetable package.

[@TheSUPERHAPPY1]

Caitlin Smith Cheap Lazy Vegan has some easy meal prep videos!

[@dariusdennis5165]

Dude. I spend $5 on breakfast, $10 on lunch, and usually buy dinner on my way home from work. I have a problem.

[@kattyalltop3496]

Caitlin Smith I used to do that too plus 5 extra dollars for Red Bull. I worked Overnights.

[@readandrant]

Thanks for NOT bullshitting on the rental price you paid for your previous place in LA. I like how upfront you are on talking about these mistakes you've made! It's great advice for people who are young and don't know what to do with their finances!

[@aimeifang4880]

Tracy Low i’m ur one thousandth like :))

[@courtneymaries.1236]

I walked into a sports store to get socks and bought skis.

[@carolellamuch9571]

Courtney Marie S.😂😂😂😂😂

[@jenshu7]

Omg hilarious

[@markusmeijer9942]

Courtney Marie S. Similar thing happened to me, I went into Costco looking for Halloween candy and ended up walking out with a recliner chair 😂

[@adamnaughty]

I go grocery to buy eggs n I end up with 30 things more

[@juratchet]

A mood

[@persephonesaura]

my dumbest financial mistake was buying food every time i’m stressed about school

[@persephonesaura]

which is everyday

[@IsabellaCollester]

i used to do this

[@TaffyDChanny]

Omg so relatable

[@roziie6160]

BIG same. i bought pizza earlier today because i was stressing. then later on on my way home when i could’ve just gotten a drink at home i stopped to buy a drink, and ice cream. then around dinner i didn’t want to make food, so i ordered food and delivery is always like 6$ more, but im like let’s do delivery.🤦🏻‍♀️ food takes up sm money😭😂

[@bianca9750]

That’s kinda sounds fun

[@BrianVelez]

I financed a 20k car while making 17k a year.😥

[@marginelouis6674]

Noooooo dude!

[@vanessamariemars3254]

BROhahahshhs big ooof

[@Lily-ro1br]

money well spent

[@rebeka4887]

@@Lily-ro1br spill the tea sis 😂😂

[@GloomBloomGroove]

dayuuum how did you even get approved for that haha

[@rociorosales6367]

My $30 gym membership I’ve paid for the entire year and I’ve only been there twice...

[@khristinabee]

I FORGOT I WAS PAYING FOR GYM MEMBERSHIP until it hit my bank account this month and my account went $1 over and the bank charged me $29. I can't even get to the gym to answer the phone... 🤯🤯🤯

[@cuauhtemocmorisco3493]

😂😂😂

[@amandarandolph42]

Do a follow up video on big purchases in your 20's that you don't regret! Like any investments, Invisalign, stuff like that

[@71stl3m6]

Yes please! I would love to watch that as well!

[@themigueltuga]

Yes!

[@ashleygrosso5068]

Yes!!!! 🙂

[@ArtsyCupcake]

I would love a video on this too! 💜😀

[@andreanicole9730]

Yes please!

[@TheBudgetingWife]

Love you sharing these things! My dumbest financial mistake was taking on $40,000 of student loans...

[@steelrootztruthtalks3146]

same.. worst mistake ever

[@DaytonaHills]

Same here in the uk. I graduated 2 years ago and owing now £42,000

[@p3drogil]

Hang in there ✊🏻

[@selgomezfan1rcw]

Same except mine is 60k but i feel ya. Bout to go to grad school next year cant wait for that to almost double

[@samil4845]

I agree 😅😅😅

[@LC-js1ze]

my whole life is a financial mistake tbh

[@scsarah8669]

Olivia Cluff hahaha that’s relatable

[@chevyk]

Olivia Cluff mood

[@ambernicolle]

MOOD AF

[@alexisnevarez879]

WHAT A MOOD....

[@sandrailic3251]

PHAHAHAH

[@amandamcdonald4978]

I spent over 500 dollars on sunglasses for my ex boyfriend who was cheating on me for 3 years. Not my proudest moment.

[@cuauhtemocmorisco3493]

God damn it i just bought myself some too and im too scarred to wear them. I don't want to scratch them😂😂😂

[@DrAdnan]

Luckily I don’t have money to make bad purchases 😂

[@pitita585]

Adnan 😂 such positive perspective 😂

[@taylorthompson2583]

Fricken same 🤣

[@xlajimex]

Dead af😂😂😂😂😂😂

[@alesarkissian4377]

I know rightttt

[@noviacyntia]

LOL 🤣

[@calyl2415]

Worst financial decision I made in my early 20’s was dating guys without jobs and then letting them “borrow” money from me. Found out I had a lot more money when I upped my standards 😆

[@VictoriaMegan]

Caly L factss

[@Kaitlyn121697]

Buying $300 worth of textbooks my first semester of college that I never used 🙄

[@ArtsyCupcake]

I remember this happening to me too! 💜😀

[@Novelust]

Same, girl! Always see if you can get it cheaper from a previous student or rent it on Amazon for the semester

[@basicbrooklyn7565]

Or when they make you pay for a book at their book store because you “HAVE” to have a “special” online code which you never use 🤷🏽‍♀️

[@buffycatnip]

omg same! but thank god financial aid paid for all of my books!

[@basicbrooklyn7565]

Kylie Kay absolutely! Only wish that refund of the aid would be larger if we could buy my books anywhere but the campus bookstore 😬

[@CaitlinBea]

lol the LA rent... TOO REAL.

[@goldenxdiva6562]

Caitlin Bea y’all still got it made! Even with the extra expenses (car, gas, etc.). A 2bdrm in Manhattan, heck even in BK, can go for 5,000 and the apartments in NYC are half the size of LA. 😒

[@caseyc.8827]

My mom overheard me watching this and said "she's smart!"

[@MonicaChurch]

lol! thanks mom :)

[@ArtsyCupcake]

Truth! Smart girl! 💜😀

[@kmuinde]

Lol

[@iwishiwasfreefalling]

Online shopping is my worst financial enemy. But I'm getting better hahaha

[@Fousmom]

Girl sign up with Ebates! You get cashback for every online purchase you make and they partner with THOUSANDS of places. And they pay out your cashback quarterly :)

[@maekate9925]

Ugh I bought myself a $350 HANDMADE MERMAID TAIL BLANKET FROM ETSY a few years ago and it’s not even comfortable!! Also just why did I even do that!!! It makes me mad every time I see it😂

[@alyanasss]

Girl for that price, it better came with an actual mermaid!

[@danielleury1211]

I died laughing at this. Thanks for that 😂

[@elise8559]

Wow you really need to sell it! Especially if it makes you get eveytime you see it, it s like the reminder of your mistake! You don t need that!! Donate or sell it

[@ztezmaxim2683]

Sell it on etsy for $400

[@bluejoycheewah980]

😂😂😂😂😂

[@ginellehughes633]

Honestly, I’m not good at much. BUT one thing I think I can brag about is how good I’ve always been with my money. I left home independent at 17. (I DONT recommend that, unless you were in a situation like mine and you need out!) I bought a car outright (not a brand new one, but definitely nicer than most peoples first car!) every penny I made I saved and budgeted. Now being 21 I just got approved for a mortgage and still will have my long term savings account. My only advice is SAVE SAVE SAVE! Know the difference between a “want” vs “need” Love from Canada ❤️

[@DISCL0SE]

Ginelle Hughes that’s amazing. Good job, be proud of yourself!!!

[@nh8559]

any tips for a rookie??

[@ginellehughes633]

Jasmine Alexa thank you that’s so sweet💕

[@ginellehughes633]

N H oh boy, so many haha! Instead of a crazy long typed reply try these things: If you KZbin Jordan Page she has some budgeting videos which are super helpful for beginners! 2. the book “The Weather Barber” is FULL of really great ideas you’ll actually be able to apply in life and is an easy read. 3. Cash diets and knowing the difference between want and need! Good luck❤️

[@anushay1874]

Good on you! It's hard being so independent at this young age when everyone around me's parents still pay for literally everything. But I also pride myself in being so independent and knowing whatever I purchase and achieve will always be on me, I will never have to thank someone for it. Today was a big day, I got approved to have my credit card (independent not linked to someone else's, most kids my age will have one linked to their parents) and I opened my savings account!

[@aprilyoung7700]

I really like how honest you are about money, its so refreshing and helps a lot of younger people out to get a grasp on things for the future

[@kardicreates]

damn this really opens your eyes to how much youtubers make😅 goals

[@coolboba172]

You couldnt tell how much youtubers make from looking at ricegum or jakepaul

[@themango9644]

Lol you'd be surprised

[@jenshu7]

Monica is very successful it's probably very hard and lots of luck involved to get to that point

[@doggydude4123]

Most YTbers make very little. Only like the top 1% even could make a decent living off YT. Also, it's a lot of work when you look at the hours editing and filming B footage and coming up with new ideas. We are very fortunate the majority do it because they love it and not for money. There's so much good content out there on YT that I stop watching garbage TV.

[@kiwizlucks4947]

Van Tsan I forgot about tv

[@jesuschavez769]

I bought myself a gift card when I was 10 bc no one had gotten me one and I wanted to have a card in my wallet.

[@izabelalodangco5714]

'i wanted to have a card in my wallet'----THIS!! I used to ask my mom for her expired credit cards and keep it in my wallet just so the card slots had something in them LOL

[@jesuschavez769]

@@izabelalodangco5714 😂😂

[@alondramartinez8136]

Me too

[@MonicaChurch]

LOL I love that

[@MonicaChurch]

hahahaha

[@KiwiCakeful]

I dropped a $600 class right after the refund date because my teacher was an idiot and I should have listened to my gut earlier to dropped it sooner.

[@SaharaAP]

KiwiCakeful yes I should of listened to my gut also the second time around. I had a crappy ethics teacher and I should of left the first day he try to have an attitude with me 😒. I payed out of pocket for that class too 😭

[@alexisempleo3268]

Biggest financial mistake I’ve made was choosing to attend a private university that’s about $50k a year instead of just going to a cheaper public college 😭😭 student debt for life

[@SuperFashionistaxo]

Alexis Empleo THIS

[@kdrudolph1]

Same!

[@veliciahiley7652]

Alexis Empleo You invested in yourself.

[@karenelese5834]

i felt this on a spiritual level! or going to an out of state instead of an in-state and saving money!

[@bballfrogy]

Check out Dave Ramsey to learn how to get rid of your debt the most efficient way!!!! He helped me and i know can help you too!!! Good luck!

[@andrea-vb8ls]

I'm only 19 and still in college and honestly I'm so grateful that a good chunk of these mistakes I already know and would never do. not in a braggy or trashy way I"m just genuinely grateful - but I also learned what to look out for with a few of these. this type of vid is great 👍🏼👍🏼

[@nataliea9929]

Paying for ipsy $10 a month for products I don’t even use....

[@kermitface]

FashionByNatalia just cleaned out all my makeup. 95% of my Ipsy products went in the trash. I hate red lipstick and black eyeliner and all they kept sending me was red lipstick and black eyeliner.

[@707Bubby]

oh yeah thats me too. Its only $10 a month, but also considering I am not a big makeup person I probably could be saving that $10 and just buying the products I want and then having the rest go towards saving for other things. But also I just have not canceled it because I do feel like if I only spend $10 a month to "treat myself" then its not really THAT bad, and I also have not gone out and bought a mascara or really any other makeup product besides foundation in the 3 years since I started getting it, so MAYBE it is saving me a little money, and whenever im having a bad day I always have a random face mask lying around

[@RushellKB]

Oh yeah cancelled them QUICK!

[@hibyelisa]

I got ipsy for like 5 months and cancelled it quick... its trash, never sent any good products. Always sent me brushes and eyelash curlers even though i specifically wrote i dont need those.

[@delaneyrose18]

same they just sent me lip products i will never use

[@krux3759]

signing up for too many "1 month free then you pay $100/year" type of services then forgetting to cancel -_-

[@KiaraMadisen]

As a person who really cares about their money and is now trying to decide how I want to spend the money I’m making this was SO helpful!!! Lessons learned man 🙌🏼

[@nataliebauer1915]

Kiara Madisen love you kiara

[@diamondgeek6102]

I was just watching your apartment your before this lol

[@SarahAndika]

First time ever on this channel. I sort of went down a rabbit hole of these worst purchases videos and of all the youtubers I have watched, I have instantly subscribed. This is a genuine list of money mistakes that are relatable, like not paying fines on time or getting scammed for services rendered. It's not an annoying list of luxury items that youtubers fell out of love of and now hate but will continue to buy more of. This is actually a list showing someone who is learning to be better with money and being honest about it, and I really appreciate that. I have actually learned one or two things. Instant fan

[@allsmithify]

Yes, when I was 20 my boyfriend of a year convinced me into buying a house that he had no money for. I had a good chunk of money saved since I had been working a lot prior to this because I was set to return to school to finish my bachelors. I was dumb and in love and I put in the down payment bought a washer and dryer etc. and we moved in. Long story short, we lived there for 3 years and my boyfriend could not handle finances and would lie and tell me he paid things when he didn't, he worked a seasonal job, and I was constantly working and trying to keep us afloat and eventually had to drop out of school. After many arguments, shut off notices, and empty and broken promises from him I broke up with him, It's been 2 years but choosing to live at the house was a major blow to my finances and credit and I'm still trying to remedy it. If I could see my 20 year old self now I'd punch her in the face.

[@ArtsyCupcake]

Oh no! Glad you are through that! 💜😀

[@allsmithify]

Thanks me too, it was definitely a hard lesson learned!

[@shutyourfaceup6166]

@@allsmithify Can you rent out the house?

[@HeavenBooze]

$750 for a flight 😳 the D must’ve was bomb cuz I am not dropping that on a guy lls

[@martinc.720]

Its Mamaacitaa “must’ve was” You probably should have dropped a few dollars on school.

[@emmabevilacqua3424]

Lmao

[@palesatalks6629]

@@martinc.720 seriously 🙄🙄

[@cuauhtemocmorisco3493]

@@martinc.720 😂😂😂

[@kristenmccoy9345]

My husband & I were engaged for over a year waiting on our wedding date to roll around. I refused to move in with him until after we were married. I spent probably $30K in rent & utilities that year living alone on my moral high ground. Married for 4 years now, expecting a baby & wishing I had that $30K back! Lol

[@user-ll9zq6ml6x]

no you made the right decision. You should never put money over morals ......

[@bingaling5]

I did the same I even lived in the same apt complex as my then boyfriend, but wish I would have just lived with him and saved more. So dumb

[@ivydeliz]

I think you feel dumb in retrospect because it worked out, but if it hadn't then you would've been like "PHEW! dodged that bullet! totally worth it". I did the same thing in California for the same reasons - i guess it was *before* we got engaged but still.

[@Kissmycrown]

You made the right decision to wait until marriage don’t feel bad God is going to bless you for that

[@lalaland2199]

Idk how people wouldn't live together while ENGAGED before marriage. The most important thing is how well you guys actually live together not the morality. But if you still believe in that 1950s tradition then go ahead

[@imogencav1068]

Bought a foundation $58 that doesn’t even match

[@gideonboateng6471]

That hurts😹

[@sabrina.natalie]

Truthfully, my dumb/irresponsible financial mistakes are a result of impulse buying. I am such an emotional spender. It’s horrible. If I’m having a difficult day, stressed out, or having an argument with my boyfriend, or had a rough day at work, etc-I realize that I’ll do some online shopping, or purchase a $6 cup of Starbucks coffee, or go see a movie-and although those things provide temporary satisfaction, put a smile on my face, and provide some distraction from the overwhelming situation I may be going through-I’ve learned that ultimately my impulse buying and emotional spending adds up and now I’m left without money that I could have added to my savings account, instead of buying things I didn’t need.

[@DopestArista]

Currently meeee

[@lowwarraw]

You just need to work out or go running when your stressed go to a park on a walk

[@loficlassicsforyou]

I do this too unfortunately

[@Toccata.]

Same, I work at a very high volume animal hospital. I’m not vet just a kennel assistant but It’s can be very stressful at times, and one of the ways I de-stress is online shopping.

[@rebeccaabrams3079]

Leah same! I’m a vet assistant/receptionist and working with sick animals and stressful clients all day is exhausting. I end up buying clothes online which is stupid because I literally only ever wear scrubs

[@mollybarry7227]

buying a $140 dollars for a graphing calculator when i was taking geometry 🔫

[@cynthiaolivares9366]

spending each paycheck after its payday..... and then living off a certain amount for 2 weeks.... LOL

[@cul22]

Cynthia Olivares same

[@MrMlbfan6]

Cynthia Olivares i was doing this until I got a second job and then handle my shit

[@myrlinedelva]

hahaha yes same!

[@atenasmendoza9727]

I felt this 😭

[@brittanyh2923]

Lol I felt this comment in my soul.

[@scorpioscorpiocancer]

$4,300 on rent a month... HOLY SHIT. I pay $455 and split rent haha!

[@ExactRealism]

I loved how you talked about how much rent was in LA compared to how much you are paying now. I feel like no KZbinrs will say an actual number. Thanks for keeping it 100

[@harpist.vanessa]

You can also look on Zillow to know!

[@EmilyRyann]

Growing up is a constant learning experience! All you can do is learn from your mistakes and keep moving forward.🤷🏼‍♀️

[@cisstar8647]

2ydgva gf is a uh s IB wa as they xxv ydv646r63435255q5

[@R1_R]

any fool can learn from their mistake but a wise man learn from others mistake.

[@ShimmerEscape]

I remember when beauty KZbin was a big thing it was ideal to have so much makeup, quantity over quality back then. And I collected so much drugstore makeup just to have a big collection and no I didn't use it all😂

[@pinkfeet518]

ShimmerEscape I did that too! seeing people with makeup CLOSETS omg I wanted that so bad

[@Nanniehannie]

Saaaaaaaammmmeee

[@88ashjen]

ShimmerEscape same! I’ve definitely stopped and now just enjoy watching makeup videos without feeling the need to buy anymore. Luckily I didn’t accumulate enough for a room but still it can get out of hand.

[@amyconnell3210]

omg yes!!! I had so much makeup that I didn’t even use. Now I just have my one makeup bag that I use everyday. I see now that it was so impractical to just buy a bunch of makeup that I never used.

[@marilynntatiana]

Same sis. Same. 😩🤦🏼‍♀️

[@majogarcia9385]

I literally found out I’ve been watching twins instead of one person

[@majogarcia9385]

Part of this is because I just listen and don’t actually see the person talking

[@Hdjhrhdhryrhgrifhur]

4300 a month ... my mouth dropped! I have a mortgage for a 4300 sq ft house near Vancouver and only pay 2500 a month. Those LA prices are crazy 😱

[@TheRoneZone]

Bought myself a BMW 3-series when I turned 26 cause I was going through a quarter life crisis, lol. I don't regret it though, that thing's my baby. But I would be $50,000 richer if I didn't.

[@emileegoddard3855]

bought a $26,000 car at the age of 18.... so been having a $400 car payment since then! im 20 now, working full time and going to school full time. not fun at all :')

[@nesss.7084]

Emilee Goddard omg! Car payments are a trap. I’m still in search for a used car

[@JB-fq7wl]

Plus people dont think about the insurance it costs!

[@ShaeDoesThings]

You should be able to refinance lower your monthly payment and interest rate. Go to local credit union

[@thalia955]

I had a coworker who did the same thing when she turned 18. She had a windfall of money so $400/mo didn't sound bad at the time...but then she went on cruises and treated everyone she knew and just like that the money was gone. When she first told me her car payment, my jaw hit the floor lol

[@OMazzing]

Omg I did the same. Definitely not as high of a payment but it is something I learned the hard way. My dumbass wanted that car so bad. 😂 it’s still my baby though

[@brooklynnleslie984]

i love how honestly and maturely you talk about your life experiences! makes me feel like making mistakes is okay. Thank you

[@Stormaggedonx]

Give me a minute while I recover from hearing how much rent you were paying in LA. I ... I can’t believe ... rent is that much I just can’t

[@MonicaChurch]

I know.. seriously I look back now and its insane!

[@bd8962]

Yeahhh... I pay 3.5k for a one bedroom house in Orange County lmaoooo

[@lizmeows]

It’s worse in SF lmaooo #bayareaproblems

[@tlunceford77]

It worse in San Francisco. Look up those prices

[@707Bubby]

Lol I met someone traveling and he told me "I have never met anyone who has lived in San Francisco for more than 6 months"

[@maggieclanton8260]

I just love how real you are. You’re the first KZbin that I feel I can relate to. I LOVED your heartbreak video and a year later update. Those videos were really inspiring and I learned a lot from them. I’m in my mid twenties and I’ve bought dumb shit too. I feel really guilty after I blow money but this makes me feel like I’m not alone and it’s okay to make mistakes. So thank you!! Keep up the good work!

[@Kirbykfed89]

The first mistake that comes to mind for me is when I spent $150 a week on a personal trainer! THAT'S $600 A MONTH!!!

[@MonicaChurch]

Dang that is expensive! Hopefully you learned some good skills for working out and could eventually just do it on your own!

[@Kirbykfed89]

@@MonicaChurch Definitely did. I canceled the membership and do it at home... when I can. Lol

[@nesss.7084]

I paid $132 every other week and got great tips and techniques out of it so I let him go. Lol

[@ArtsyCupcake]

That is a LOT for fitness!!

[@joshedwards8985]

“i never pay my tickets on time.” hey. just don’t get tickets. and get a good 2 go pass to save 2$ and then you never have to remember to pay.

[@MonicaChurch]

please comment below some of the dumb purchases that you've made and learned from! I'd love to hear.

[@dope20194612]

I ordered clothes (4 pieces to be exact) from Australia for 200 euros and it was free shipping, so I thought that was it and waited happily.... until today. The delivery man asked for an after reception for custom clearance and stuff which apparantly costs the half of the amount I paid for the clothes. Also, if I asked for a refund I still would have to pay a 100 euros to ship it back to Australia. So obviously I'm gonna have to get a 100 euros from somewhere, pay these extra shits and accept the mistake I've made of being soo dumb. I know that I was the stupid one, but I really didn't know that I'm gonna have to pay so much more. I wouldn't have purchased them obviously. And here I am now, sitting in my chair w my broke ass. :)))

[@parkerburgio]

I impulsively ordered a used Gucci belt online without checking for authenticity. Needless to say it was fake and I never got my money back 😂

[@yeehawtomahawk]

Monica Church hunter rainboots. They don't even fit me. They just sit in their box in my parents' garage

[@TarynnH]

I dated a professional poker player and lost ~$1k learning poker in a casino so we could hang out while he was working. 🙃 But yeah that apartment thing is so true. I went from $1500/month to $275/month (cheaper city and splitting with bf) and I funneled all the extra money into my savings/401k. It’s such a great feeling!

[@AndreaRoddel]

ubering everywhereeeee

[@SVUx3]

Dealerships don't make money off of the interest on your loan, the bank you are financing through does. The reason for this is that they are taking on the risk of purchasing the vehicle for you. Yes, dealers make money but they make money other ways. So how do dealers make money off of financing? There's something called reserve that the financing bank will pay to the dealer for essentially securing the loan for them, like a kickback. The customer who is purchasing the vehicle does not pay for that in any way whatsoever. Source: 7 years in the car business.

[@MonikaLukunde]

a reserve is like a commission for securing the loan then?

[@therealmelissarae]

THANK YOU!!!!

[@Ruby-hw1qr]

A lot of the time you can get loans through a dealership - not the bank. The dealership itself doesn’t physically have $30000 (or whatever amount) to loan, it has a car to put up for loan. So they’re making cash from the interest for trusting that you will pay the money back.

[@investedfemelle7564]

Umm honda and toyota etc, have their own financing

[@rantstips9231]

In house financing, plus you only go external if for some reason you cant get approved at the dealership, Then they go through your bank -- Still making money off interest. Either way the dealership or the bank is screwing you. source::- 20yrs in the car business - I suggest buy from craigslist or from other people. Unless you get 1.5% interest or no interest APR

[@mintchocolat1]

This was exactly the video I needed. I’ve been feeling terrible about some financial decisions and needed a reminder that lots of people in their 20s make the same mistakes. Thank you for uploading this!

[@danisaurtaylor3758]

I go to Starbucks way to much when I could very well just make coffee at home

[@jessicagarduno5481]

Biggest mistake! Still haven’t learned!😸🤦🏻‍♀️ and having the app doesn’t help too!🤣

[@eighthwonder71]

Starbucks has been making complete asses out of our stupidity for years. I wish I had thought of it.

[@doggydude4123]

To me, it's similar to going to a bar. Drinks are marked up extremely high but people treated as a fun event or an escape from work.

[@xfrutiecutie96x]

I respect all the transparency in this video! Thank you!

[@brigittehubbell1200]

Getting into $20,000 in debt at 23 years old. And no, there’s no student loans in that. (I did pay for school out of pocket.) only $9,000 is from my car. The rest is credit card debt. They are cut up now and being paid off but it’s pretty stressful.

[@Lalalaitsme]

Brigitte Hubbell Go to your bank and tell them you want to consolidated your credit cards into one, it will be a low interest card and you will be able to pay it faster. They will move everything for u. It will be worth it. Get informed, it’s their job to help you. Debt can be very stressful but there are options just have to go to the right places.

[@BeingCaroline]

I can relate

[@kiley1217]

Bought AirPods, lost them 5 days later, bought another pair😬

[@nesss.7084]

kiley LOL

[@lowwarraw]

You know you can Bluetooth locate your AirPods? From the find my phone app

[@kd-fo2lv]

lorwaraw now it's even more money waste buying new ones haha

[@marilynntatiana]

Same. Actually on my third pair 🤷🏼‍♀️

[@techblogger8323]

Lorwaraw that thing doesn’t work for shit literally I can’t believe Apple did is so dirty I mean like look at them of course they’re easy to lose

[@vickibartolome4936]

David dobrik is probably smart considering he doesn’t buy designer and since he only wears the same black clothes like everyday.

[@LifeOfCandice]

Oh my gosh! You shouted me out! Thanks girl!! ❤️ I'm glad you were able to take my comment in a positive light ❤️ I've ran up credit cards in the past. I'm still working on credit my back together but thankfully I've learned from my lesson!

[@maggieclanton8260]

I know this is an old video but I’ve been watching your videos lately and I feel like you do such a great job expressing yourself and the issues mid 20 year olds go through. I can relate to all of your videos and they are all so helpful!

[@almalozano7785]

I rented a school book for $10 and forgot to return it so consequently I ended up paying $100 in fines 👌🏽 Mind you this books was less than 60 pages so...

[@MonicaChurch]

Oh noooo 🤦🏼‍♀️🤦🏼‍♀️

[@HookedOnBooks199]

I thought $38 was bad when I didn't return a short loan book to my university library on time! But yeah, library fees are a little ridiculous when it's easy to just remember and return it haha

[@adri1879]

Omg this reminded me to send my rental book!!

[@moneyforthewin7951]

Hi Monica. I know this video is over a year old but I saw a portion of it at Shelby Church (OH! your sister?) and came here to watch it completely. I'm sure you've gotten a lot of support since then, but I simply wanted to say my heart goes out to you. I encourage you to refrain from calling yourself "dumb," "stupid," or an "idiot"... the subconscious mind can be susceptible to such negative, repetitive thoughts and come to believe it. I'm sure being tough on yourself is a big contributor to your success and I recommend continuing your attempts to improve upon your self-defeating habits through positive, truthful and compassionate affirmations.

[@MsLizzy981]

Thanks for being so honest in this video! It's so much easier to relate to and I love watching videos like this.

[@KayGee_yt]

Every time I get my nails done, say "I want it just like this picture" and then it comes out nothing like the picture

[@lindsey5365]

What the heck?? $300 for a haircut?? over $4,000 for a 2 bedroom?? I'm used to the southwest where the 2 bedroom is around $980 to $1,000 and the most a haircut/style/color is around $190. I'd be broke before walking out the front door if I lived in LA. So glad I don't and I have a lot of money saved since I was 16. The most financial mistake I made when I was in my 20s was tickets and of course wasting money on clothes!!!!!

[@keniajortiz]

I am the exact same way with the whole ignoring tickets and fees. I used to work in downtown San Diego as a social worker (so my pay was sh*t basically) and my employer deducted $60 a month to park at a parking structure that was 2 blocks away from my job. Me, running late like aways, I opted to park at a meter like 2-3 times a week and pay out of my own pocket just because I was running late . Worst part is, sometimes I would forget to pay my meter and i got charged $42 every time for paying late. Even worse, I would like forget about those tickets (or more so my anxiety made me pretend like they didn’t exist) and my fees went from $42 to sometimes $170. It makes me cringe thinking I was like this, however, I’ve smartened up this past year. Oh, same thing with library book fees, and also one time I went to San Francisco, my Golden Gate Bridge toll fee that was $5 turned into $70 🤷🏻‍♀️.

[@lindsaycarpluk7264]

Thank you for this video it made me feel a lot better that I'm not the only idiot out there hahaha. After 5 months of living and traveling abroad very frugally I came back to the US and decided to go on spring break. I spent $2000 on this trip to a resort in Punta Cana that was really sketchy and got totally scammed, along with like 400 people from my school. I ended up spending more money for a 5 day trip than 3 months living in Europe. Another dumb financial mistake I made was when I was going 23 over the speed limit and the ticket cost $680 and I had to get a lawyer for $400. That shit hurted lmao. Thanks for letting me vent

[@lindsaycarpluk7264]

Katrina Rector Virginia.. it was reckless but yeah I know how insane..

[@rainbowl0veee]

I live in MD.. I was driving 30 over the speed limit and got a $600 ticket as well. I had just turned 21 at the time and it was my very first ticket EVER. I was devastated😩 Now I never go past the posted speed limit in fear of another ticket

[@sarahnoelle3151]

a month ago i got a speeding ticket that’s $400 and i haven’t paid it yet but now every time i drive i’m afraid of cars that are on the side of the road with their emergency lights on because i always think they’re a cop

[@Emilyjadeofficial]

Speeding tickets are probably the absolute worst. I haven’t received one yet, but I speed 20-30km/h over the speed limit on a highway in my city, and I’m just waiting for it at this point...

[@DonnaDoveWinters]

That sounds like the Fyre festival

[@breannaa9455]

Honestly, I like how down to earth you are and up front with everything in this video. New sub btw. My worst financial decisions are as follows, always paying for other people’s food because I ‘HaVe ThE mOnEy’ , wrecking my first car on a Friday & buying my new car the next day and falling into that whole financing bs at the dealership (I was like 18) , dropping 2k on my ex for his birthday & driving 10+ hours to see him after finding out he cheated to ‘fIx ThE rElAtIoNsHiP’ & numerous other things I wish I could take back..

[@elizabethkailany1653]

Charging up all my credit cards and racking up some debt was my worst financial decision. Still paying for it... with interest... a ton of interest 😢

[@ariannatzovaras899]

I impulse bought a Louis Vuitton bag and then the next week my car needed to be fixed 😩

[@thirteenwolfies]

Arianna Tzovaras what did you do and how did you pay for the fixing of your car??

[@idknotcreative8]

*my biggest regret was buying a 1€ lip balm bc i felt broke after. lol*

[@dema640]

Miss Cute SHAWN 🖤🖤

[@brietutten879]

My dog saved my financial life. I used to be down right horrible with my money. I was living alone and once paying my rent, id blow the rest online shopping for clothes and whatnot to distract from the sadness and boredom that I felt being alone. One day I decided to adopt a dog cause I’d finally had enough of being lonely. Immediately I started saving all of my money once I got her. The fear of something happening to her and not being able to cover medical bills or expenses, and possibly losing her because of that was (and still is) terrifying. Its a huge motivator for me to save and be frugal because I have another living thing depending on me. I also love to spoil her so it’s imperative that I budget a “doggy allowance” along with my savings. I’ve found that having someone or something counting on you is the biggest kick in the ass you’ll ever receive to be responsible with your money.

[@khristinamagdaleno7343]

My problem when it come to my financial situation is that I will not hesitate to spend it on other ppl no matter the cost if I have it, but when it comes to buying something I want or need I always talk myself out of it. I need to get better on that. Thanks for the vid. -khristina

[@katelynns2039]

khristina magdaleno I’m the exact same way!!

[@basicbrooklyn7565]

Same

[@AdventuresWithNickle]

THANK YOU FOR BEING SO HONEST. My gosh it is so frustrating watching videos of people walking around a topic.

[@MrsDavis913]

I’ve made a lot of bad financial decisions in my 20s but here is one I regret the most: not putting money in retirement. If you haven’t done it, start TODAY. You’ll be so grateful you did.

[@ArtsyCupcake]

Yes! So true and I am so happy my 401k has been going strong all these years! 💜😀

[@andrewsmall6568]

This even effects you in your 30`s because you need to pay SO much more in to make up for doing nothing in your 20`s.

[@indiarose8996]

I just watched your videos again in a long time.... You're one of the few people who are real with their audiences in comparison to other people who have gotten popular during similar times I really love that

[@carlykogut9327]

i appreciate that you're a youtube who's actually honest about your lifestyle and finances, and you manage to stay so humble

[@angelaventura5491]

Been watching your videos but this specific one made me decide to subscribe. Very honest but not bragging. Direct but not to disrespect. More power! 😊

[@PreeGirlSwagPro]

even when you talk about how much cheaper things are in seattle, those prices are still high to me! It’s so crazy the differences across the country. I literally pay $80 to get my hair colored, cut, washed, & styled. Rent for typical apartments are 600-1000 being the highest & nicest. So crazy!!

[@IntoAlysReef]

erica and where is that??

[@PreeGirlSwagPro]

i live in kentucky!

[@IntoAlysReef]

erica ohhh dam it’s cheap over there

[@belkisniaz8230]

I dont even have that much money to make dumb decisions #sadlife 😂

[@liz93gym]

I spent my school refund on a trip to vegas instead of putting it back towards my loan

[@leklekjasmine416]

No regrets lol

[@themango9644]

Was vegas nice tho?

[@NessieJudge]

This was so helpful! thanks gurl, I feel the same way about my money and the luxury I deserve.

[@caseyyem]

This was super helpful. I just turned 21 almost 2 months ago, and am definitely finding it hard to be an adult living on my own and making financial decisions, so this really helps!!

[@Ariellapowers]

My accounting professor always said the finance department makes the most amount of money at car dealerships. That’s why they offer such financing plans, and warranties, it all comes for a price. If you pay cash out right you save so much money. Also, don’t buy a house if you plan on selling within a few years. When you pay your mortgage you pay more interest at first. Say your payment is 1000 per month. 800 will be interest and 200 will be principal. You could buy a $300,000 house and after 3 years still owe 290,000. It’s just not a good idea, and a thing people don’t often realize.

[@jenny_g23]

You paid a ticket right away?? Heck yeah, dude ♡ I'm so proud

[@ArtsyCupcake]

lol

[@EleanorWhalley]

It’s so refreshing to hear a youtuber talk about money because it’s such a foreign topic. People can say “oh you wouldn’t ask a doctor or a cleaner how much they get paid so it’s rude to ask a youtuber” but you can easily find out how much they get paid. It’s quite obvious that youtube brings in big money but youtubers these days act casually and “relatable” when they move into huge mansions. It’s something that needs to be talked about more. Hats off to you monica 👏🏻

[@lilcuty1492]

So since Monica was paying 2300$/month, and she said it was below her means (less than 30%) that means she made at least 7500$ per month and at least 90 000$ a year, but more likely well over 100 000$. I wonder if she's making more or less now. Hopefully it's more.

[@monicamusicmakeup]

how was she making so much

[@Evabernard868]

First, love the cat in the background. Second, love her honesty even more. Very relatable even if the figures aren't the same for everyone across the board.

[@DrMichellePonder]

$300 for hair is still not reasonable...

[@HF918]

In LA it probably is. I couldnt imagine spending it myself...a cute, colour and style at my nice salon in Ontario is $100 tops.

[@myonlybeauty]

MissSnowWhat all these things are dependent on your income

[@kgentile]

Depending on the area it is. At any nice salon near me a cut + color is $250-350.

[@bigcitygirl17]

Exactly! Half of the expenses mentioned in this video were extremely unnecessary and irresponsible.

[@julia-hh3cv]

I pay around 30-50€ where i live

[@mignonduplessis13]

1. Buying single clothing items, like not as an outfit or that can match with multiple pieces also buying too many secret socks i have like 10 pairs 2. Lunch food. 3. Buying what I want but don't need when I have things I actually need 4. Netflix, I ended my subscription but they kept taking money out my account... FoR 3 yEaRS...so I went back into my account canceled my subscription again ANd TheY CharGed DOubLe...so we ended up canceling my card

[@nikkitube26]

Mine isn't exactly a purchase but paying off my now ex boyfriends bills while we were dating. Long story short, we've been broken up for a year and a half and I still haven't seen a penny of the $2000+ he owes me.... and he's somehow married now, my guess is he had rent that was due and found a new girl dumb enough to commit to paying his bills for the rest of his life. Lol I'm actually not bitter, I'm doing much better without him, learned a good lesson and I honestly don't ever expect to see that money again.

[@izabelalodangco5714]

WHAT? How? I honestly want to hear more about this? Was it a joint bill--rent, utilities, and you just paid his part? Or his actual credit cards?

[@MonicaChurch]

That's crazy!!

[@nikkitube26]

Izabela Lodangco I could go on and on about it but I we shared an apartment so we were supposed to split rent and everything but he didn’t always get his half paid so I had to which quickly put him in debt after not paying for months at a time. He also had lawyer/court fees that he asked me to pay until he could, which never happened of course. If we went on dates, I paid. And even better, he would use my camera gear to get jobs and still ask me to rent the extra lenses and stuff with no compensation and rarely a thank you to me. It was an awesome “relationship” 🙃

[@JB-fq7wl]

@@nikkitube26 girl I feel you. I have an ex who was just like that. He even charged me $100 a week to get me to work down the street because I'm legaly blind and cant drive. Lol some guys are trash. We were together 5 years too lol

[@izabelalodangco5714]

I'm glad you're out of that relationship now!

[@JulesBeth]

I used to love getting mail as a kid. But now it's just bills and junk, so I tend to avoid checking it.... I don't blame you for forgetting about those tickets! That said, I'm going to go check the mail because now I'm paranoid

[@ShimmerEscape]

I spend way too much on food, where I live we have so many options and it's so hard to resist😭

[@l-Zeph-l]

Thank you for making this video. In a year I'll be moving out into my own place and start living the beginning of adulthood. Having heard your experiences is really helpful because now I know some things to avoid in order to not lose lots of money. Knowing that your payments can go from just about $20 to $350 from tolls on the bridge is helpful. I definitely wouldn't want to pay that price, especially starting off my life as an adult.

[@katiegentile4231]

My husband, his parents and I went to a dealership just to look and ended up leaving with a car in my husbands (then boyfriend and 18 year old) name. He didn’t have a job, didn’t have credit, and yet we left with a brand new car? I told him not to sign the papers but his parents told him to. It ended up getting repossessed and were still paying for it. Side note: I highly recommend everyone who reads this to go watch Dave Ramsey’s videos on here and purchase his books about finances.

[@danielleury1211]

Katie And Paul Uh, shame on the parents for not guiding him a little better in that situation? You’d think they’d know it’s a bad idea....

[@sarahandjoe1764]

My boyfriend is basically in the same boat. His step dad cosigned his knowing he didn't have a good job.

[@TheDonDIVA]

my worse financial mistakes were getting these damn parking tickets here in NYC. All the tickets I got definitely could have been avoided, now I have like 5 tickets to pay off this month ugh. PISSED

[@TinaMarieVlogs]

a 150$ robe that I wear for 40 seconds a week SOS

[@thalia955]

I would be living in that robe if I paid that much lol

[@Hannamarin16]

I almost made that same mistake, but then I bought the $30 one with an even cuter print instead of the VS $100 or so one.

[@xeniahaberditz5472]

My biggest financial mistake was to get scammed in Bangkok. Be really carefull around those old central temples folks !! A guy organised a tuk tuk for us and it took us around some weird, turist-less places. At last, we ended up in a suit shop. When we entered it, I had a strange feeling but I thought "hey it is gonna be fine". We were talked into buying a taylored suit and a blazer for 250 USD... in the end we still got the clothes and they are good quality, but the way it was all set up gives me still a bad aftertaste. We were young, uninformed about tourist scams and not firm enough to say "no thank you"....

[@RachelNielsen]

i feel like this would be me in my 20s 😭 thanks for the heads up tho ily 😂

[@aicha9889]

I landed my very first 'real' job at 19 and to earn that much money compared to what I had as a student was a incredible big responsibility for me, especially because I come from a home with not much at all. So the first few months I was really reckless with the money I had. So now I realise I should really save money instead of spending it on things I don't need