Table of Contents

Introduction Comment

Procrastinate Comment

Keep Large Amounts of Cash Comment

Don’t Have a Household Budget Comment

Overspend on unnecessary items Comment

Rely Blindly on Advisor(s) Comment

Think 1% Fees are Small and Therefore Inconsequential Comment

Fail to Communicate Openly and Fully with Spouse/Partner Comment

Fail to Get Employer’s Matching Funds in Retirement Plans Comment

Accept Default Investment Fund Choices in Retirement Accounts Comment

Don’t Have a Partnership Agreement Comment

View Financial Decisions as ad hoc or Random Comment

Fail to Collaborate/Cooperate with Professionals Comment

Invest in Wild Schemes Comment

Invest in Assets They Don't Fully Understand Comment

Listen to Well-Rehearsed Sales Pitches Comment

Buy Too Much Insurance Comment

Buy Unnecessary Bells and Whistles on Insurance Policies Comment

Think You’re Smarter Than the Internal Revenue Service Comment

Accept Financial Advice from Peers or Mentors Comment

Assume you will qualify for PSLF (public service loan forgiveness) Comment

Impulsively Elect Forbearance or Deferment on Student Loans Comment

Succumb to Grass is Greener Syndrome Comment

Cut Corners to Save Time Comment