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    Home / College Guide / Terrible Financial Advice Stories
     Posted on Saturday, January 23 @ 00:00:29 PST
    College

    When trying to improve finances, many achieve this by limiting frivolous purchases or starting side hustles. Getty Images While theres a lot of good financial advice that could be beneficial to someone trying to save money, theres also some really bad guidance being given. Recently u/Miserable-Tea-1836 asked the Reddit community, What’s the worst piece of financial advice somebody has given you? The responses were downright concerning, here are the best ones: Tap to play or pause GIF Tap to play or pause GIF nog 1. No Credit Card, No Credit Card Debt Comment from discussion SalemScouts comment from discussion What’s the worst piece of financial advice somebody has given you? . Getty Images 2. Repayment Isnt Required Comment from discussion LuluTopSionMids comment from discussion What’s the worst piece of financial advice somebody has given you? . 3. Pools Are For Winners Comment from discussion Jazz_Cigarettess comment from discussion What’s the worst piece of financial advice somebody has given you? . 4. Spend It, Spend It All Comment from discussion plzeatslugsmalfoys comment from discussion What’s the worst piece of financial advice somebody has given you? .

    Tap to play or pause GIF Tap to play or pause GIF Nickelodeon 5. Phone Bills Are Optional Comment from discussion kor_hookmasters comment from discussion What’s the worst piece of financial advice somebody has given you? . 6. Used Car Or New Car Comment from discussion somethingwittyazs comment from discussion What’s the worst piece of financial advice somebody has given you? . 7. Magical Debt Comment from discussion JuneSongstresss comment from discussion What’s the worst piece of financial advice somebody has given you? . Tap to play or pause GIF Tap to play or pause GIF Dreamworks 8. Casino Royale Comment from discussion differentiatedpanss comment from discussion What’s the worst piece of financial advice somebody has given you? . 9. More Dependents, More Problems Comment from discussion charke9s comment from discussion What’s the worst piece of financial advice somebody has given you? . 10. College Pays For Itself Comment from discussion Dethstrok9s comment from discussion What’s the worst piece of financial advice somebody has given you? . Getty Images Fisheye lens used. 11. Beware Of Thieves Comment from discussion ChilledGophers comment from discussion What’s the worst piece of financial advice somebody has given you? .

    12. Bankruptcy Is Your Friend Comment from discussion chet-s comment from discussion What’s the worst piece of financial advice somebody has given you? . 13. Financial Advisors, Advise Finances Comment from discussion realjoebagodoughnutss comment from discussion What’s the worst piece of financial advice somebody has given you? . Tap to play or pause GIF Tap to play or pause GIF Bounce TV 14. Thats What Loans Are For Comment from discussion girlfromspfds comment from discussion What’s the worst piece of financial advice somebody has given you? . 15. Credit Fixes Credit Comment from discussion sapphic-puddings comment from discussion What’s the worst piece of financial advice somebody has given you? . 16. Free Money Comment from discussion WishOnSuckaWoods comment from discussion What’s the worst piece of financial advice somebody has given you? . Tap to play or pause GIF Tap to play or pause GIF Fox

     
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