financialCredit Card Debt
#RI-6a6afffd·7 months ago·
1
“Started own business instead of paying off debt”
What Actually Happened
Accrued $20k CC debt during college, business failed, had to close it down
What I wish I knew
"Investing in business wasn't worth ignoring debt"
Advice to Someone Facing This Now
If I could tell you one thing
"Don't ignore debt, it will only get worse"
Regret Index
8/10
Clear regret.
The downsides outweighed what was gained.
The downsides outweighed what was gained.
Advice for Someone Facing This
Short, upvotable wisdom. The most helpful rises to the top.
No advice yet. Be the first to share wisdom.
financial Category
1,609
financial decisions logged. Avg regret 5.4/10 across the category.
Same Outcome Band
43%
of financial decisions land in the severe band the same as this one.
React, question, or discuss this decision.