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Wasteful spending sinks budgets.

What is the silent killer of your budget? Wasteful spending: those innocent looking, indiscriminate, small purchases."A small leak can sink a great ship." - Benjamin Franklin

What is the silent killer of financial success? Wasteful spending - those innocent looking, indiscriminate, small purchases. They are purchases that seem small and inconsequential on the surface and buy you a few moments of enjoyment. It is especially tempting to make small purchases when you have the cash in your pocket! How often do you actually track your spending on these small items? You may be surprised at how much is leaking out of your budget!

Steve Roy, "The Dumb Little Man", lists wasteful spending as one of his "Five Reasons You Will Always Be Broke". You can read the full story here.

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