this post was submitted on 08 Jul 2023
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[–] Gradually_Adjusting@lemmy.world 0 points 1 year ago (3 children)

It's a tie between getting rid of my car and learning to stop "trading". Cars are just the worst in terms of finances, and you can save bank if you're able to move somewhere walkable. Only buy stocks you're happy to hold for five years or more. A good test is "if the price crashes, would I be excited to buy more?"

[–] Hubi@feddit.de 0 points 1 year ago (2 children)

Coincidentally, having cars as a hobby has been the worst financial decision of my life lol.

[–] fluke@lemmy.world 0 points 1 year ago (1 children)

Hobbies aren't supposed to be about whether they're a good financial consideration, they're about passion, self fulfillment and looking after yourself.

[–] Hubi@feddit.de 0 points 1 year ago

This is of course true, but sometimes what you're getting out of a hobby is not worth the resources you put in.