10 Financial Choices You'll Regret in 10 Years

Stay away from these financial mistakes.
Guest Writer
Certified Financial Planner, Author and Blogger
2 min read
Opinions expressed by Entrepreneur contributors are their own.

Warren Buffett's first rule of investing is to never lose money. But, losing money can come in different ways -- even by failing to invest or making a financial mistake that you'll come to regret later. In this video, Entrepreneur Network partner Jeff Rose lists 10 financial mistakes many people make that come to haunt them later.

For example, the first mistake Rose mentions is that too many people fail to have a budget. As a result, they're likely overspending in some areas of their life when they could easily cut back if they saw the actual numbers. Rose also advises against buying new cars -- they're bad investments, and there are plenty of used cars that offer reliable transportation.

Click play to learn more tips and avoid these financial mistakes.

Related: The 4 Best Investments You Can Make to Start 2018

Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on Amazon FireRokuApple TV and the Entrepreneur App available on iOS and Android devices.

Click here to become a part of this growing video network.

More from Entrepreneur

Get heaping discounts to books you love delivered straight to your inbox. We’ll feature a different book each week and share exclusive deals you won’t find anywhere else.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Are you paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.

Latest on Entrepreneur

Entrepreneur Media, Inc. values your privacy. In order to understand how people use our site generally, and to create more valuable experiences for you, we may collect data about your use of this site (both directly and through our partners). By continuing to use this site, you are agreeing to the use of that data. For more information on our data policies, please visit our Privacy Policy.