10 Ways Smart People Are Stupid About Money

Wise up and hand on to your hard-earned cash
By Sophie Goldstein,  Newser Staff
Posted Sep 6, 2007 1:08 PM CDT
10 Ways Smart People Are Stupid About Money
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(Newser) – Hey, smarty. You went to an Ivy League school and you have a respectable job, so why are you broke? The Consumerist points out 10 money-suckers that plague otherwise intelligent people:

  1. Paying your bills late
  2. Overdrafting and ATM fees
  3. Traffic and parking tickets

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  1. Memberships—to gyms, museums, Netflix, and the like—you don't use
  2. Subscriptions to magazines you don't read
  3. Letting food spoil in your fridge
  4. Wasting electricity
  5. Letting money sit in a checking account
  6. Buying DVDs you never watch and clothes you don't wear
  7. Paying too much for cable
(Read more lists stories.)

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