Frich Confessions: What's the dumbest thing you've ever gone into debt for?

Our mission at Frich is to normalize talking about all things money. So we're launching Frich Confessions - it's exactly what it sounds like 😉

Once a week we will release a new drop of The Spiciest Money Confessions from our community.

Why? Because there's no shame in learning about money through making mistakes! And by sharing our mistakes (or sneaky secrets), we can help each other out. Sharing is caring so drop your Confession here.

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THIS WEEK'S DROP: What's the dumbest thing you've ever gone into debt for?

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🤫 I dated a 36 year old woman and paid for all our dates because she’s unemployed

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🤫 My friend took a $120k loan for wedding, to invite all friends and family members. They divorced after 2 months.

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<div class="frich-tip">Wanna leave yours? Submit it for review here.</div>

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🤫 Spent $700 on scratch off tickets and only won back $60

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🤫 Fell for a crypto scam lost over 100k

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🤫 I have friends who regularly take equity out of their house to go on vacation. Original loan amount was around $200k, but they owe over $800k now.

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🤫 I personally know of someone who won a 75k state lottery ticket. He blew it all on buying more lottery tickets trying to get a bigger win and ended up with nothing.

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<div class="frich-tip">Think your confession is spicier? Submit it anonymously here!</div>

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