By Trent Hamm
A few days ago, CNN Money posted an article listing ten giant money wasters. Here they are, in summary form:
1. ATM fees
2. Lottery tickets
3. Gourmet coffee
4. Cigarettes
5. Infomercial impulse buys
6. Brand-name groceries
7. Eating out
8. Unused gym memberships
9. Daily internet deals
10. Bundled cable or phone services
Undoubtedly, each of these can be a huge money waster. They can each add significant and unnecessary expense to your purchases.
At the same time, almost everyone will look at an item or two on this list and think that specific item is not a money waster. You’ll see something that you yourself do and immediately think of it as a good use of money.
Here’s the truth. That list... More...
