Personal Finance News Wednesday 10/3

Phil's Personal Finance Tip of the Day:

13 Ways Americans Throw Away Money
By Jill Krasny, Gus Lubin and Shlomo Sprung | Business Insider – Mon, Oct 1, 2012 12:33 PM EDT

Blame the government or blame the economy, but Americans should also blame themselves for their declining net worth. We waste a whole lot of money. Seriously, over half a trillion dollars.

This list is based on estimates due to limited available data, and the true total is surely higher. We included things like cigarettes and gambling, even though some would claim they are are worth their cost. This is a personal finance site after all, and these are costs you can cut.

To read the entire article from Business Insider:
http://finance.yahoo.com/news/13-ways-americans-throw-away-money.html


Scripture of the Day from Dave Ramsey.com:
2 Corinthians 2:14 — But thanks be to God, who always leads us as captives in Christ's triumphal procession...

Please listen to the Dave Ramsey show live on WOR 710 from 2-4 PM EST. You can also listen to the 3rd hour 4-5 PM EST. at Dave Ramsey.com.