"Recently, I was asked by a person interviewing me for the single best – and the single worst – piece of personal finance advice I've ever heard.
The best was easy — spend less than you earn. The worst? I listed several, and thought of more later on.
Here are eight terrible pieces of financial advice I've been given with a straight face over the years.
For each one, I'll spell out why it's wrong and also rewrite it into genuine good financial advice."