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What's That One Financial Mistake You Think Young People Make Today? . - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessWhat's That One Financial Mistake You Think Young People Make Today? . (15516 Views)

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What's That One Financial Mistake You Think Young People Make Today? . by Sirchiboy(op): 7:48pm On Jul 07, 2025
What's that one financial mistake you think young people make today?
.

Re: What's That One Financial Mistake You Think Young People Make Today? . by budaatum: 8:02pm On Jul 07, 2025
Not investing for the future. And that's not only money. Getting an education is an investment.
Re: What's That One Financial Mistake You Think Young People Make Today? . by Samantha125(f): 8:21pm On Jul 07, 2025
Where do you get all these topics that you post every single day?
Re: What's That One Financial Mistake You Think Young People Make Today? . by Sirchiboy(op): 8:35pm On Jul 07, 2025
Samantha125:
Where do you get all these topics that you post every single day?
Do you know me and why do you keep following me?
I am an innocent young man that was subjected to emotional childhood trauma by overzealous man and woman called parents.
I am on revenge mission! !!!!
Re: What's That One Financial Mistake You Think Young People Make Today? . by dollytino4real(f): 10:15pm On Jul 07, 2025
Buy big cars without proper investment dat brings cash on daily or weekly bases
Re: What's That One Financial Mistake You Think Young People Make Today? . by Tenrack: 7:20am On Jul 08, 2025
budaatum:
Not investing for the future. And that's not only money. Getting an education is an investment.
could you please elaborate on education so someone out there doesn't misunderstand the message you're trying to pass.

Because we have lots of "educated" people these days but it still doesn't reflect positively on the type of society we have out there.

Blessed morning to you.
Re: What's That One Financial Mistake You Think Young People Make Today? . by Roarke: 9:25am On Jul 08, 2025
They waste money instead of acquiring lucrative financial assets that can generate income for them or make them wealth
Re: What's That One Financial Mistake You Think Young People Make Today? . by Kobicove(m):
dollytino4real:
Buy big cars without proper investment dat brings cash on daily or weekly bases
Are you referring to Burna Boy that bought a sports car for N3.2 billion to drive on pot-hole infested roads? grin
Re: What's That One Financial Mistake You Think Young People Make Today? . by dollytino4real(f): 10:29am On Jul 08, 2025
Kobicove:
Are you referring to Bur a Boy that bought a sports car for N3.2 billion to drive on pot-hole infested roads? grin
i know who be dat? Buy a car for business meetings and Uber not to impress girls dat don't bring profit
Re: What's That One Financial Mistake You Think Young People Make Today? . by budaatum: 3:16pm On Jul 08, 2025
Tenrack:
could you please elaborate on education so someone out there doesn't misunderstand the message you're trying to pass.

Because we have lots of "educated" people these days but it still doesn't reflect positively on the type of society we have out there.

Blessed morning to you.
I felt I should have elaborated, and hoped I'd be asked, and here is knowledgeable you doing precisely that.

Education is the process of acquisition of knowledge and the understanding of it.

The Bible would have it explained as the below, and here is a link for those inclined to our other main faith.

I have called it an investment because the rewards of it are only fully reaped long after its acquisition.

Re: What's That One Financial Mistake You Think Young People Make Today? . by helinues: 3:17pm On Jul 08, 2025
Being Mr nice guy.. Hahaha, you are money waster. Whether family, friends or associates, there some people which you can never benefits anything meaningful from even though they might be costing you financially

Btw, personal house is more like a liability not an asset. The maintenance alone while you are not making money from it. Personal house not rented ones
Re: What's That One Financial Mistake You Think Young People Make Today? . by SusanOpeyemi(f): 3:26pm On Jul 08, 2025
helinues:
Being Mr nice guy.. Hahaha, you are money waster. Whether family, friends or associates, there some people which you can never benefits anything meaningful from even though they might be costing you financially

Btw, personal house is more like a liability not an asset. The maintenance alone while you are not making money from it. Personal house not rented ones
Being Mr nice guy isn't a bad thing though, so far you are productive and engaged with a job. It doesn't make sense if one is without any job.
Re: What's That One Financial Mistake You Think Young People Make Today? . by helinues: 3:30pm On Jul 08, 2025
SusanOpeyemi:
Being Mr nice guy isn't a bad thing though, so far you are productive and engaged with a job. It doesn't make sense if one is without any job.
You can't earn the title of Mr nice guy without spending. So where is not being productive or having a job comes from or the money one will be spending would be plucked from the tree?
Re: What's That One Financial Mistake You Think Young People Make Today? . by SusanOpeyemi(f): 3:37pm On Jul 08, 2025
helinues:
You can't earn the title of Mr nice guy without spending. So where is not being productive or having a job comes from or the money one will be spending would be plucked from the tree?
If one is productive he won't be tagging helping people as a mistake. Because he has enough.
Re: What's That One Financial Mistake You Think Young People Make Today? . by Nnamdipapa(m): 3:49pm On Jul 08, 2025
Complain and blame others instead of taking responsibility.

They blame parents, governments, environnement for their failures but never for once make adjustments and hold themselves accountable.

These, here are some of the reasons for the biggest financial blunders by young people in Nigeria.
Re: What's That One Financial Mistake You Think Young People Make Today? . by Uchenna10(m): 4:00pm On Jul 08, 2025
Gambling, buying expensive phones and using 5 star hotels.
Re: What's That One Financial Mistake You Think Young People Make Today? . by willi926(m): 2:03pm On Jul 09, 2025
Not investing wen there was financial flow, wastefulness, not learning a skill, gambling ( worst than the rest), womanizing and involving in a negative addiction
Re: What's That One Financial Mistake You Think Young People Make Today? . by LIVINGICONREBOR: 7:49pm On Jul 09, 2025
"Eating" with their ten fingers and living for the moment. Forgetting that the future is somewhere lurking, waiting for the unprepared ones.

Not imbibing good savings and investment culture.

Buying "stuffs" u barely need to impress those who don't care.
Re: What's That One Financial Mistake You Think Young People Make Today? . by Nobody: 8:38pm On Jul 11, 2025
What's that one financial mistake you think young people make today?

40 xters...
Re: What's That One Financial Mistake You Think Young People Make Today? . by WowSweetGuy(m): 8:39pm On Jul 11, 2025
Spending more than they earn. A good example is Internet data plan especially the ladies... You will see them buying subscription of over 10k+ a month at intervals just to be watching tik-tok kinda content videos from morning till night daily
Re: What's That One Financial Mistake You Think Young People Make Today? . by Image123(m): 8:39pm On Jul 11, 2025
Investing your life in betting and por.n is the most silly mistake.
Re: What's That One Financial Mistake You Think Young People Make Today? . by oche2020: 8:39pm On Jul 11, 2025
Thinking that money doubling via gambling can help them, stop gambling and it will save you money
Re: What's That One Financial Mistake You Think Young People Make Today? . by JoeRizzla(m): 8:39pm On Jul 11, 2025
Smoking instead of eating hot eba i guess, Well let's wait for more suggestions from the financial experts in nairaland
Re: What's That One Financial Mistake You Think Young People Make Today? . by Omalicious1: 8:39pm On Jul 11, 2025
Sirchiboy:
What's that one financial mistake you think young people make today?
.
1. Wanting to copy the fake and extravagant lifestyle they see on social media without investing in their future.

2. Wanting to be very rich overnight...

3. Always wanting to show off...
Re: What's That One Financial Mistake You Think Young People Make Today? . by johnlegend01: 8:39pm On Jul 11, 2025
Young Men investing scarce resources on hungry girls, rather than investing in the future of himself and his eventual wife, with their family.
Re: What's That One Financial Mistake You Think Young People Make Today? . by Emmacolinho(m): 8:41pm On Jul 11, 2025
SportyBet
Drugs
Lodging unnecessarily
To an extent clothing
Re: What's That One Financial Mistake You Think Young People Make Today? . by Nobody: 8:41pm On Jul 11, 2025
They are addicted to liabilities instead of Assets.
Re: What's That One Financial Mistake You Think Young People Make Today? . by Nice2023(m): 8:42pm On Jul 11, 2025
Not learning financial management as early as 15.

Navigating this life with a poverty mindset they inherited from their parents.

And lastly,not reading books at all.
Re: What's That One Financial Mistake You Think Young People Make Today? . by inoki247: 8:42pm On Jul 11, 2025
Lol taking loans to go to higher institutions...


So after your schl year you start another race which might not end till you die....
Re: What's That One Financial Mistake You Think Young People Make Today? . by gozi360: 8:43pm On Jul 11, 2025
1.Buying things that you did not plan to buy somedays back.

2. When you are making money from a particular means and you think that means will never come to an end. Hence you spend the momey like tomorrow no dey
Re: What's That One Financial Mistake You Think Young People Make Today? . by goodman5(m): 8:43pm On Jul 11, 2025
Sure 2odd,I dey village because of it
40 character is here
Re: What's That One Financial Mistake You Think Young People Make Today? . by MarkNsukkaBread: 8:44pm On Jul 11, 2025
Spending money anyhow without thinking of the future
1 2 3 Reply

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