Top Ways Americans Waste Money, We squander billions in unused gift cards, and waste much more on other questionable choices. 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.
$41 billion in gift cards went unused from 2005 to 2011, worth $6 billion a year, according to TowerGroup. Most of these are considered lost or discarded.
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.
$41 billion in gift cards went unused from 2005 to 2011, worth $6 billion a year, according to TowerGroup. Most of these are considered lost or discarded.
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