I have previously railed against the concept of the Bucket List with Buck the Fucket list. Someone on the web brought up the concept of the Anti-Bucket list. A list of things that you never want to do. I can wrap my mind around this idea, as due to my paranoid nature, I have a long list of things I never want to do (e.g. Pick a fight with Mike Tyson) or a financial anti-bucket list.
What things financially do I never want to do (or ever do again)? I will try to keep this list shorter and hope you all will join in with comments.
The Anti-Bucket List
- Declare bankruptcy, no matter what anyone says about how there is less stigma around declaring bankruptcy, I don’t ever want to do it.
- Get a Pay Day Loan, yes, I am still harping on that one as well. If I reach the point where I need this service, I am not sure what happened to me, but I will be very unhappy. I won’t have a point for get a loan from a Loan Shark. Assume this is the same entry on the list.
- Buy a new car that cost more than my first house, I don’t care how many hot women will throw themselves at me because of my phenomenal vehicle (because they assume I am rich), I view a vehicle as a means of transit only (although the bus I took for a while cost twice as much as my first house).
- Collect unemployment insurance, I am not sure this is genuinely on the list. I was unemployed for a year, and was never “eligible” to collect it. I suspect I never will collect EI, just by default.
- Get a reverse mortgage. I just can’t see how this would be a good idea either.
Are there other things we should be adding to the Financial Anti-Bucket list?