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We Blew Millions On Dumb (Awesome) Stuff

Dwyane Wade and Shaquille O'Neal have a lot in common -- they both blew a FORTUNE when they were young ... and are hoping young people can learn from their stupid, expensive mistakes.

The NBA legends sat down with "Shark Tank" star Daymond John for Black Entrepreneurs Day -- to talk to young people about the importance of financial intelligence.

And man, if these stories don't get the point across ...

Shaq says he was so uneducated about finances when he signed his first endorsement deal after turning pro, he blew $1 MILLION in an HOUR -- splurging on expensive cars, jewelry and a trip to Vegas.