My favorite personal finance writer, Jonathan Clements, explains how to throw away a fortune in 7 easy steps:
1. Delay savings
2. Shun retirement accounts.
3. Forfeit the employer match.
4. Buy active mutual funds
5. Carry a credit card balance.
6. Buy a new car every 3 years.
7. Remodel your home.
Read the details at: http://online.wsj.com/articles/throw-away-a-fortune-in-seven-easy-steps-1410653131?mod=WSJ_hpp_sections_yourmoney