financialBusiness Debt
#RI-6a0e9d86·6 months ago·
1
“I went all in on myself after a startup exit.”
What Actually Happened
29F I’m extremely proud of myself today.
As of this morning, I’ve officially paid off $47,325 of debt since January and eliminated all of my bad debt completely.
About 2.5 years ago, I sold my equity stake in a startup I helped build and decided to go all in on myself. Things didn’t work out the way I planned. I learned some very expensive lessons and ended up nearly $100K in debt within 6 months of buying my first home.
So I went back to basics.
I’m in sales by trade, so I did what I knew
What I wish I knew
"N/A"
Advice to Someone Facing This Now
If I could tell you one thing
"N/A"
Regret Index
5/10
Significant downsides.
Complicated feelings about the outcome.
Complicated feelings about the outcome.
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
13%
of financial decisions land in the mixed band the same as this one.
React, question, or discuss this decision.