Home News 12 Money Failures Americans Say They Regret the Most

12 Money Failures Americans Say They Regret the Most

Tobias Funke crying in the shower after realizing he has poor financial planning and personal finance skills -- and failing at becoming an actor

Tobias Funke crying in the shower after realizing he has poor financial planning and personal finance skills -- and failing at becoming an actor Tobias Funke crying in the shower after realizing he has poor financial planning and personal finance skills — and failing at becoming an actor | Fox/Netflix

We all have regrets. Perhaps you wish you wouldn’t have dropped out of college, or that you would have been more on top of your financial planning when you were younger. It’s easy to look back and point out the things we could have done better. That’s why they say that hindsight is 20/20 — when you’re in the moment, you don’t generally have a bird’s-eye view of what’s going on.

This holds true when it comes to personal finance as well. You never know if you should invest in this, or refrain from spending on that. What if you had spent all your money on Beanie Babies, expecting a big return? That may have seemed like a good idea a the time. But what about now?

Naturally, those chances we didn’t take, or the gambles we did, turn to regret. With time, these regrets can gnaw at us. Keep us up at night. Or, we might just consider them sunk costs of sorts, and move on with our lives. Still, we all have regrets.

But what are the most common regrets Americans cite, particularly when it comes to money? A new survey gives us some insight.

That survey, conducted by Claris Financial, asked more than 2,000 people about their personal finance training and education. It also asked what those people considered to be their biggest financial successes and regrets. The resulting list isn’t all that surprising, but does give us a glimpse as to what people truly hold dear when they look back at their financial decisions.

Here are the 12 specific money regrets Claris Financial was able to dig up as a result of its survey.