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Ask HN: What's your best and worst financial decision in 2023?

1 pointblotato2 comments
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My best: moving to a lower cost of living area, much closer to nature with endless outdoor activities

My worst: ignored red flags and invested a bunch of money in a friend's high risk venture, all money down the drain, not clear we're still friends...

Comments

Best: paid off all my credit cards and overdrafts and closed all my accounts except for one everyday spending account and one savings account.

Worst: it was actually 2022 but the bill hit me in 2023. I spent $50,000 on an MBA that is really useless to my career, and I did it because I was looking for approval from others/trying to prove something to the rest of the world.

As an old guy who did extremely well with no college degree, I think you should know that the MBA could serve you well later in life.

A friend of mine who is also a dropout ended up very high in a Fortune 500 company and his late-in-life acquired MBA really helped him understand the company’s workings and his own position far better.

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