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10 Financial Choices You'll Regret in 10 Years Stay away from these financial mistakes.

By Jeff Rose Edited by Dan Bova

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

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Jeff Rose

Certified Financial Planner, Author and Blogger

Jeff Rose is an entrepreneur disguised as a certified financial planner, author and blogger.  He's best know for his blog GoodFinancialCents.com and book, Soldier of Finance: Take Charge of Your Money and Invest in Your Future.  He's also the editor of LifeInsurancebyJeff.com. He escaped a path of financial destruction from dropping out of college with over $20,000 of credit card debt to become a self-made millionaire. His mission is help future generations achieve financial freedom by developing strong money habits and unleashing their entrepreneurial spirit.   

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