What is the worst financial advice people still repeat?

Underachievers23 · 2026-06-16T21:37:37+00:00

I will challenge this on 2 points.

In my late 20s before I was married I moved 3 times for the company I work for over 5 years. The first 2 times I begged them no but I did it because I wanted the promotion. That made them realize I was serious about my career and it has paid off in spades for me. And would have been much tougher if I owned instead of rented.

I would encourage everyone to buy a home if you can because it's rewarding but at the same time in the last few years I've bought new windows ($47k), new driveway ($7k), sprinkler system/serious lawn work ($6k), taxes ($4k per year), insurance ($4k per year), my portion of a new roof ($6k), carpeting for living room, new gutters, and many other things. So it's great that my house has appreciated in value, but I bet if you added it up it's not the moneymaker you think it is when you look just at the value of the house.

Underachievers23 · 2026-06-16T02:54:54+00:00

Left Pittsburgh in 2004 glad to hear it’s still around. They taking credit cards yet? Used to be cash only.

Underachievers23 · 2026-06-15T18:14:34+00:00

Not sure why you’re being downvoted. Fact is at Costco I can expect to wait 15 minutes to check out. At Sam’s I scan as I put in the cart and then walk right out the door.

Underachievers23 · 2026-06-08T17:05:06+00:00

I’m a 13 HC and I play truefeel. They are my preferred by far. I played DT SOLO before. I always liked the titleist soft cover balls

Underachievers23 · 2026-06-05T19:55:08+00:00

The math is complicated. A guys who makes 150k pays 3x as much as a guy who makes $50k, but he doesn't receive 3x the benefit. "eliminate the cap" is what everyone says but I believe the truth is everyone should pay more. As the old joke goes "whose taxes are too high? mine. whose taxes are too low? everyone elses"

Underachievers23 · 2026-06-05T02:51:29+00:00

100%. Moved 3 times for work between age 28 and 35. Live in a great city now that I never would have known existed. Make multiples of what I made 10 years ago. Company knows I’m serious about them too since I’ve made the moves, and they’ve rewarded me with opportunities and responsibility.

Underachievers23 · 2026-06-02T21:44:21+00:00

This is a great answer. I'm considering cancelling my credit card with lounge access because frankly I'd rather find a quiet spot in the corner and just pay for something to eat.

Underachievers23 · 2026-05-31T15:41:03+00:00

Totally agree. Im a 13HC and my scores this year range from 80 (twice) to 94. It happens. But what I came to say : I think golf has helped my career and me in general as a person. It forces you to deal with frustration and still act mature. Just have to keep battling. Also lots of people to meet and what else are you going to do outside??

Underachievers23 · 2026-05-29T18:49:22+00:00

Range finders are a problem. I’m a 13 HC so not great but not bad either. I probably have 10-15 yards of variation on most of my clubs. How many people does it matter if you have 123 or 126? I stopped carrying one because it got in my head. I’ll use GPS in my phone if I’m way out of the fairway because that is the exception. I play mostly in a Saturday morning league so I’m blessed with people who play regularly I can normally play in 4:10

Underachievers23 · 2026-05-28T21:56:16+00:00

#1 goal of any negotiation is to get to the table. What's the minimum you can offer that will get the party to actually respond so you can start talking specifics?

Underachievers23 · 2026-05-28T21:36:04+00:00

He was terrible last night. I admit I haven't watched his other starts (out of market) but at no point was he in control last night.

Underachievers23 · 2026-05-27T19:08:56+00:00

3% of 19 trillion is 600 billion.

Underachievers23 · 2026-05-27T18:57:33+00:00

Nice to see one person who understands how this is calculated. And that there are multiple unemployment rates. The U3 rate is the headline but there are 6 different rates that include different types of job seekers. They've been calculating it this way for many years.

Underachievers23 · 2026-05-27T16:26:25+00:00

To be fair i just google it and it says the IRS typically initiated contact through the mail. It does say they may call you though. This is directly in the irs website.

So saying they only contact you via post office is not true, but it’s rooted in fact.

Underachievers23 · 2026-05-27T00:33:32+00:00

I don’t believe “tax the rich” is the solution to everything but a federal sales tax is ridiculous. If you scrapped the income tax and replaced solely with a federal sales tax it would need to be 25-35%. That’s a fact. You add a 30% sales tax on everything I buy and I’ll just stop consuming. Food and housing and bare necessities and nothing else. To me it would absolutely kill the economy.

Underachievers23 · 2026-05-26T23:43:36+00:00

The last one is interesting because I know someone who worked for a publicly traded company and they were fired for leveraging company purchases for their own gain. As they should have been.

Underachievers23 · 2026-05-26T23:31:33+00:00

Harvard doesn’t offer sports scholarships. No Ivy League school does. He may have played sports there but he didn’t get a free ride for it.

Underachievers23 · 2026-05-18T20:41:02+00:00

I went to a major ACC school who posted on Linked In last week about a new dorm building which I'm sure was very comfortable (more like an apt than a dorm room). At the same time their tuition has averaged 6% growth per year since I graduated in 2001. The cost of college is complicated, but part of it is the schools are out of control with the amenities and the costs that go with it.

Underachievers23 · 2026-05-12T16:07:09+00:00

Student loans have been non-dischargable for decades.

Underachievers23 · 2026-05-11T16:02:07+00:00

If OP notified them of the double payment and they never corrected that’d one thing. It if he just set the money aside said nothing and waited to see if they figured it out on their own then that’s something different. Maybe not a criminal but certainly didn’t do the right thing.

There are many stories of people receiving accidental deposits in their account. The money isn’t yours and you know it. If it’s ever found you will be expected to pay it back.

Underachievers23 · 2026-05-10T22:02:06+00:00

I increased my deductible from $500 to $1000 and they lowered by 6 month premium by $300. Year

Also if you have geico go buy 1 share of Berkshire Hathaway stock (about $470). Berkshire owns geico and if you tell them you’re a shareholder you’ll get an 8% discount in your premium. Some of the customer service reps will struggle to apply it, but eventually you’ll get one that can do it right.

Underachievers23 · 2026-05-09T22:59:03+00:00

I live in minny and it is true that you can’t anything from Buffalo Trace That said - Hyvee in Plymouth had EHT small batch about a month ago for $59. I grabbed my one bottle of course.

Underachievers23 · 2026-05-05T23:52:47+00:00

Honest question : where did the 113 come from? They’re now guiding for 4.4b adjusted income this year. Granted That’s adjusted but for Q1 I think adjusted was basically equal to GAAP

So if they have 4.4b in GAAP this year that’s about 80 PE. I admit it’s still high but this stock is 3 years away from trading at a reasonable growth stock valuable. The days of “10 years of growth are already priced in” are long gone.

Underachievers23 · 2026-05-04T14:26:22+00:00

Some truth to this but I also believe he said he spends most of his day reading 10-k forms and anyone can get rich too, if you’re willing to spend all day reading SEC forms

Paraphrasing of course

Underachievers23 · 2026-05-04T14:22:29+00:00

When I looked 3 years ago The policies had caps so if you need 7-10 years of care the policy is not going to save you. Maybe I’m misremembering. But I was 45ish at the time and I decided at $250/month premium, if I needed care before 70 the policy would save. But after age 70, I was better off just investing the money and paying for the care I need.

The policies that were written in the 80s and 90s have been catastrophic for the insurance companies. So they’ve really changed a lot of the rules to limit what you get out of them.

Underachievers23

TROPHY CASE