Search Smart Spending:

What was your dumbest purchase ever?

Posted Mar 10 2008, 08:55 PM by Karen Datko
Rating:

"DebtKid," feeling buyer's remorse about his 1 a.m. purchase of a Nintendo DS Lite that has since been gathering dust, is holding a contest for the stupidest purchase ever. He's gotten quite a response from readers and other bloggers. The winner will get his DS Lite.

We'll give you a few of the highlights. "Krninco" at Compulsive Debtor's Finance Blog has several doozies: a $400-plus bowling party for her daughter, "Mini Me," (and to prove that she wasn't too extreme, krninco provides a link to a St. Petersburg Times story about parents who threw a $3,000 birthday party for their 1-year-old, complete with a publicist).

There's also the $5,000 piano "purchased in hopes that one day Mini Me would become Mini Mozart," and Beauty, a hugely expensive bichon frisé that bites and leaves little presents on the floor "to show you she can." Oops, we almost forgot to mention that krninco bought a $200 car seat for the little dog.

"Seasicksquid" at Seasicksquid's Cookie Dough recounts a tale of youthful misspending. She and three friends were supposed to go to a Coldplay concert in Detroit, but she forgot to buy the $50 tickets before they sold out. So she ordered four nonrefundable tickets online for $600 each. Only one of her friends repaid her. "We had a fabulous time in the end, but I don't think it was worth the 1,500 odd dollars that it cost me, plus all the interest," she writes.

Amanda at Me vs. Debt got sucked in by a phony debt-counseling service that took her $400 fee and disappeared. "Singlemomindebt" spent nearly $1,000 for a treadmill that soon became "the most expensive coat rack that I'll ever own." She and her boyfriend split up and she let him keep it so he could sell it and give her half the proceeds. A fire in his apartment destroyed it. It felt "the burn it never got to experience through use," she writes.

Comments

 

Marriage License

I have made a lot of stupid purchases over the years, but the most  expensive ones have been an air purifier for more than $500.00 which is collecting dust & a set of kitchen knives for almost $800.00

Diamonds!  If you've ever tried to resell one, then you know what I'm talking about.  The diamond industries are marketing geniuses.  They've convinced us that the only way to prove your love is through a diamond.  The more expensive the diamond, the more he loves you!  Ha!  How else would you get morons to dish out 3 months salary to own something so small and useless? Well, it does garner comments of "Ooo, sparkly!", but that's about all it does. And recently, DeBeers is having to pay lawsuits for price-fixing and limiting the supply of raw diamonds on the market. They claim diamonds are expensive because they're rare and in short supply.  But think about it, diamonds are nearly indestructable, so every diamond that has ever been pulled out of the dirt in the history of mankind is still around.  When people die, where do their diamonds go?  As you can see, a diamonds' rarity is just a creation of the diamond industry.  Oh well, somebody has to keep the diamond industry insanely rich...  I've been one of their lemmings...twice!!  Duh, and duh again....

I purchased a $600 dyson vacuum only to get it home and realize that the box was filled with three old blankets and a gallon of liquid soap. Luckily, the store did believe me and they refunded my money.

The last hit of meth I bought from a narc.

Beer, Drugs and women all in excess

An Olldsmobile new.  We know what happened to them.

a timeshare in Florida...$10,000 we paid to receive "free" tickets to Disney.  Had it for 8 years...never used it...and make myself sick every time I think about it.

My dumbest without a doubt was buying a mobile home several years ago on a rented lot. Now that I'm married and not living there, I'm still stuck with both the home and the lot (too expensive to move right now). Everyone tells me I shouldn't have bought it but where were they when I bought it? :)

A Crafmatic bed- $8000.-  when mattress needed replacing- $1500.(twin)-  so threw away full bed after a few years- now, buy new bedding every 5 yrs for a fraction of price

Send a Comment

Comments must be directly related to the blog entry. Comments with offensive language will be deleted. Your e-mail address won't be displayed.

(please, no HTML tags. Web addresses will be hyperlinked):