I have done so money mistake in life especially toward to financial planning. Of course everybody have their own mistake but the most important is how we correct those mistake. Journey toward to finacial freedom is not easy if you come from poor family. Everything have to start from A to Z.
The mistakes that i have done are
1. To join vacation club. Not one but two. The first one in Berjaya Vacation Club that charged me RM 18000 but now the price is about RM50000. But to sell back is not easy. Who want to buy this club when you can get cheaper price if you buy groupon or other deals. But i can get back the money if i keep it for 28 years. Whooo so long. The other club is Legend Worldwide Holiday(LWH) which is cheaper but you cannot get the money back. Actually, this vacation is good if you dont have school children. The reason is you can book the hotel during non school holiday easily.
2. Not buying hen the price is cheap
3. Not buying the gold when the price is cheap
4. Massive loss in stock market. Due to greediness and no knowledge what is the stick market.
5. Join in and out buying insurance . At the end you have no insurance when youre sick.
6. Too much interest in gadget and IT products. Depreciate in value easily.