Kenyans open up about the poorest financial decisions they have ever made and regret up to date

Majority of people love money and hope to be rich one day. As a result, everyday, millions of people around the world take risks, invest their hard earned money, sweet and blood, even abandoning their families and sacrificing their health, all in their attempt to make it big.

No wonder stories of scams and con men never get old because no matter how long they have been in existence, some people will still fall for them.

The situation is not any different in Kenya and Sub-Saharan Africa where millions of Kenyans daily take risks, borrow loans and invest their hard earned money in businesses, schemes and projects hoping against all odds to be rich.

That may be what prompted one David Ndirangu to post a simple question about financial acumen in Facebook which has since generated a lot of discussions with over 600 comments and counting.

What is the poorest financial decision you've seen someone make? He posted at Builders & Co-Creators, a Facebook group meant to empower the world to build and where members share joys and challenges of their physical projects.

Well, within seconds of posting the comments started trickling in and here are just a few painful decisons.

"I once started building a five floor apartment Without proper plan on how I would get money to complete it. I relied on 'pending' jobs. Stupid but I have learnt."Rayhan Otieno

"Using Helb loan to purchase home theatre back in campus and ended up applying for special exam due to a huge fee balance."Irene Edward.

"Offering services then asking for down payment ya half then the other half in a week, huh nilikula block."Nyambura Irungu.

"Giving a relative a 100K loan. He developed "amnesia" hakumbuki borrowing the money and doesn't see how he could have borrowed the money from. For the money to reach him it had to go thru two other people, were it not the case I would have thought I was going nuts! Never ever again!" Wanjiku Faith Yule Mpole

"Ati kusave kwa Mpesa,kidogo kidogo hauna credit.Leo unanunua ya 20 ukisema "si nitarudisha tu" Within a week saved money ziliishaisha kimpango. " Brighter Butalia

"Investing three million in an up country house you only use in Xmas holiday twice in five years."Geogito Mainahandro

"Quitting a job without a backup."Mark Njeri

"Investing in a business without proper market research."Robert Njue Ireri

"Taking over ¾ of my helb loan to help a collegue pay fees coz helb yake ilikua imechelewa then atanirefund akipata helb yake..its now 3 yrs ata nimegive up na kufuatilia hizo pesa"

"Borrowing from mshwari to pay kcb mpesa then borrowing tala to pay mshwari.Is a scam is a merry go round" Sam Uel.

"Take loans to simply have fun is idiotic!!! If u don't have....then u don't have. Hustle hard n grind till u get it."Charles Rebman.

"Doing business with my closest relative I ended up giving it to him to avoid family conflicts.Lkn a lesson well learnt we can only share oxygen."Nicholas M. Gitahi .