Stupid ideas come in all sorts of packages. Bad debt, various loans, purchase decisions, and delayed savings. Most people reach the age of 65 with little or no savings. They live off social security and what little else they have. Is it any wonder the golden arches are filled with workers in their golden years?

Anything that wastes your money or prevents you from becoming debt free can be a stupid idea. The best way to save and invest money does not include sending it to creditors each month. Only when it