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What's One Financial Mistake You'll Never Make Again? - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessWhat's One Financial Mistake You'll Never Make Again? (5747 Views)

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What's One Financial Mistake You'll Never Make Again? by Sirchiboy(op): 10:08am On Jun 30
What's one financial mistake you'll never make again?
Re: What's One Financial Mistake You'll Never Make Again? by socoharley: 12:51pm On Jun 30
Paying a womans bills in the name of love.
Re: What's One Financial Mistake You'll Never Make Again? by YbbJune: 6:07pm On Jun 30
Sirchiboy:
What's one financial mistake you'll never make again?
>>Comfortability

6 more characters needed.
Re: What's One Financial Mistake You'll Never Make Again? by Lalami3232(m): 6:50pm On Jun 30
Dem plenty but these are the ones I regret most:
1. Not starting my DNA test campaign earlier
2. Believing that my non-virgin partner was different from others
3. Trusting in APC in 2015


What do I even know sef aside enlightening my fellow men nationwide with the good news of DNA test
Re: What's One Financial Mistake You'll Never Make Again? by Atolu01: 7:23pm On Jul 02
.

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Re: What's One Financial Mistake You'll Never Make Again? by dietsono(m): 7:23pm On Jul 02
Spending recklessly fhhjjjnhdddddhhjjkkkhdssrr
Re: What's One Financial Mistake You'll Never Make Again? by Afriifa(m): 7:24pm On Jul 02
Believing Seun is not a tribal bigot. This, commiting borrowed money on data to visit Nairaland. Now, I don't commit borrowed money to buy data for the sake of visiting nairaland again.
Re: What's One Financial Mistake You'll Never Make Again? by LIVINGICONREBOR: 7:25pm On Jul 02
Not using my bulk money(20 million naira) to play sure 3 odds on sportybet and Bet9ja. No be me talk am o, nah uyi guobadia (guobe) talk am.🥱🥱
Re: What's One Financial Mistake You'll Never Make Again? by amstamon: 7:25pm On Jul 02
Subscribing on NL ads of which no one give a Fvck about
Re: What's One Financial Mistake You'll Never Make Again? by dietsono(m): 7:25pm On Jul 02
Spending recklessly like d adage that says, OWO TI OMODE BA KOKORI, AKARA LO MA FI JE.
Re: What's One Financial Mistake You'll Never Make Again? by Viserion: 7:25pm On Jul 02
Becoming father Christmas to every Tom d and Harry.
Neglecting to save and invest for future.
Putting others financially before myself.
Unable to day no
Re: What's One Financial Mistake You'll Never Make Again? by Apcshit: 7:25pm On Jul 02
Not buying a mortgage on time
Re: What's One Financial Mistake You'll Never Make Again? by Emychina(m): 7:25pm On Jul 02
I ain't gonna give my money to any banny in the name of love
Re: What's One Financial Mistake You'll Never Make Again? by jojomario(m): 7:28pm On Jul 02
Trying to pay the bills everyone is responsible for.
Re: What's One Financial Mistake You'll Never Make Again? by kodded(m): 7:28pm On Jul 02
Not investing in crypto and agriculture
Re: What's One Financial Mistake You'll Never Make Again? by Obakoolex(m): 7:28pm On Jul 02
1. I'll never spend first and save later.
2. I'll never treat all customers the same again... NEVER
3. I will never have only plan A when planning.
Re: What's One Financial Mistake You'll Never Make Again? by sigmax: 7:29pm On Jul 02
If you have money ,don't lavish ,e dey finish .

Modest lifestyle will preserve your finances,lavish spending will give you a status that will vanish in short term .
Re: What's One Financial Mistake You'll Never Make Again? by Jmichael1(m): 7:30pm On Jul 02
Afriifa:
Believing Seun is not a tribal bigot. This, commiting borrowed money on data to visit Nairaland. Now, I don't commit borrowed money to buy data for the sake of visiting nairaland again.
5yrs ban await you..
Seun crazy mods are coming for you
Re: What's One Financial Mistake You'll Never Make Again? by Basic123: 7:30pm On Jul 02
1.Believing peter OBI is different in 2023

2.Giving in into females billing
Re: What's One Financial Mistake You'll Never Make Again? by yewit37486: 7:31pm On Jul 02
Lalami3232:
Dem plenty but these are the ones I regret most:
1. Not starting my DNA test campaign earlier
2. Believing that my non-virgin partner was different from others
3. Trusting in APC in 2015


What do I even know sef aside enlightening my fellow men nationwide with the good news of DNA test
Hope you've done the DNA test on yourself too.
Re: What's One Financial Mistake You'll Never Make Again? by XtraFortunes: 7:32pm On Jul 02
Borrowing my friend huge amount of money cry
Re: What's One Financial Mistake You'll Never Make Again? by yewit37486: 7:32pm On Jul 02
Viserion:
Becoming father Christmas to every Tom d and Harry.
Neglecting to save and invest for future.
Putting others financially before myself.
Unable to say no
That last one, very very important.
Re: What's One Financial Mistake You'll Never Make Again? by Jmichael1(m): 7:32pm On Jul 02
LIVINGICONREBOR:
Not using my bulk money(20 million naira) to play sure 3 odds on sportybet and Bet9ja. No be me talk am o, nah uyi guobadia (guobe) talk am.🥱🥱
Guobe dn help my life well well oooh,abeg make una leave am for us ooh
Re: What's One Financial Mistake You'll Never Make Again? by obinna58(m): 7:32pm On Jul 02
Paying for sex that’s I’m going to do the work instead of being the one getting paid
Re: What's One Financial Mistake You'll Never Make Again? by SixSeven: 7:33pm On Jul 02
In a landmark 2005 Yale University experiment, scientists gave capuchin monkeys a budget of tokens that could be exchanged for different foods like Jell-O or grapes. When experimenters adjusted prices (a "price shock"wink, the monkeys altered their spending habits to buy the cheaper item, showcasing a grasp of basic economics.


https://www.youtube.com/watch?v=meiU6TxysCg

Remarkably, the monkeys also started adapting to complex societal behaviors around money, including trading tokens for favors and even exhibiting early signs of inequality protests when observing unfair token-to-treat distributions.

The Bird "Capitalism" Sharing Experiment
In a notable Max Planck Institute study, researchers taught African grey parrots that small metal rings could be used as currency to purchase walnut pieces.

While capuchin monkeys in the Yale currency experiments notoriously failed to show selfless financial generosity, instead using their tokens for trade, theft, and adult favors, African grey parrots completely surprised scientists by voluntarily sharing their currency with broke peers.

African grey parrots demonstrated "prosociality" with no immediate personal benefit. Passing a token to a peer yielded zero food for the giver, yet they did it anyway. This indicates an intrinsic motivation to help a peer in need, suggesting that birds can decouple the currency's value from immediate personal gratification to assist others.

https://www.tiktok.com/video/6987074166658698501

Capuchins required a personal payoff to cooperate. In the prosocial token experiment, they only chose the shared option because they also received a treat (a 1,1 outcome). When given currency in an open market, they defaulted to human- like vices: hoarding, stealing, and strictly transactional exchanges (food, favors, or protection)

Applying the financial behaviors of African grey parrots and capuchin monkeys to global macroeconomics reveals profound insights into human market design. Our global financial systems are currently built entirely for capuchins, but our existential crises require us to design financial mechanisms for parrots. Global financial institutions like the World Bank often operate on capuchin-like transactional models. They demand structural adjustments, political favors, or high interest rates before releasing capital to developing nations.

Parrots understand that a broke neighbor with an open window to trade is a liability to the entire ecosystem. Humanity currently treats climate finance as a zero-sum, capuchin-style negotiation, where wealthy industrial nations view environmental funding for developing nations as a cost or a loss.

What about corruption?

Scientists specifically tested the African grey parrots to see if they would let themselves be exploited or if they would stop sharing if a neighbor became corrupt and greedy. When researchers flipped the roles, the birds consistently gave tokens back to the friend who had previously helped them.

If a parrot gave tokens away but the receiving neighbor refused to share back when the roles were reversed, the original giver noticed the unfairness. The cheated parrot would quickly stop passing tokens to that uncooperative neighbor.



https://www.youtube.com/watch?v=HEvO5SBiv6k


https://www.youtube.com/watch?v=J8449HgS3FM
Re: What's One Financial Mistake You'll Never Make Again? by dauntless15(m): 7:33pm On Jul 02
Buying things for a woman so her life can be easy despite going through hell at the time, she turned around and said she didn't ask me and she did everything herself, my whole world crumbled at that moment cuz i couldn't believe who it was coming from.
Re: What's One Financial Mistake You'll Never Make Again? by banom(m): 7:35pm On Jul 02
Voting Tinubu again in 2027. God forbid
Re: What's One Financial Mistake You'll Never Make Again? by Decolonel(m): 7:36pm On Jul 02
To play 2 odds.. I will never try that again
Re: What's One Financial Mistake You'll Never Make Again? by obembet(f): 7:36pm On Jul 02
socoharley:
Paying a womans bills in the name of love.
There is nothing wrong with this... This is just African mentality. if you lady love your genuinely u can finance her to masters level
Re: What's One Financial Mistake You'll Never Make Again? by Emeskhalifa(m): 7:37pm On Jul 02
Getting into a serious relationship while still struggling financially expecially when the girl herself isn't financially stable.
cry

Pls to every financially struggling young man out there, shun relationship for now and build your finances.

And when you are ready to settle down, pls think beyond beautiful face and big backside, settle with someone with value, someone you wouldn't seem like a burden to you.
Re: What's One Financial Mistake You'll Never Make Again? by gentlesmithugo(m): 7:38pm On Jul 02
Wasting my youthful age in bet9ja.wasting my resources betting. Though I have stopped 4 yes ago.but d pain still hurt me every day.
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