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Although I consider myself to be a very frugal person, I do have a good share of financial mistakes. Those were not done out of hunger for consumption or to try to "keep up with the Joneses", but out of pure ignorance and lack of knowledge/experience. For example, I bought a used car (on order to save money) that "appeared" to be in good condition but it turned out to be a major lemon. That was my first car and I was right out of college and the car almost broke my bank. After that, I learned that it was always a good idea to spend a hundred bucks or so to take the used car to a GOOD mechanic (instead of Midas) of a complete checkup before buying. That mistake cost me a good chunk of change, but the lesson was learned. I have many other stories of bad decisions I've made about money and I am sure everyone is this board has at least one or two. In the end, as long as you are making more good decisions that bad ones, you are OK.
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