10 People Share the ‘Dumbest’ Ways They Lost Money

“My mistake cost $220,000”

What is your dumbest lost money moment? A Redditor recently shared that her daughter losing a gift card reminded her of when she made a dumb money mistake. She flew across the country for work and was rewarded with a $1000 Visa gift card.

“I put it in my wallet only to forget about it. So I went to use it a few years later, only to discover that it had expired.” On top of that, the $1000 was included on her paystub for taxes."

So she also lost the $1000 and paid out of pocket for it. “Dumb move. What is yours?” Here are the top-voted responses.

One man confessed that when he was 20, he shopped at Men’s Wearhouse to get a suit for a job interview. The suit was $180 but was buy one get one free.

Men’s Warehouse

The sales associate encouraged a buy one get one free deal on an $80 shirt, then a $40 tie, a $40 belt, and $100 pair of shoes. Additionally, he got him bamboo hangers that help suits hold their shape but tossed in free shoelaces. When it rang up at $950, he panicked.

“I had about $1400 to my name at the time. My brain was scrambled, so I blankly handed over the card while my body went numb and walked out thinking, “this is what adults do.”

Another received stock options for “dot com bubble” as a hiring bonus at a software company in the late 90s. He explained the price went to trash before vesting, the grant price wasn’t adjusted, and it became worthless.

Stock Options

One user admitted that they worked for a small company in Mountain View when they turned down a job with Google in 2000. After being asked why they declined the offer, they responded, “Wanted to finish my college degree and didn’t want to work full time.”‘

Said No to Google

Swipe up to continue reading!