We all know at least one person who has squandered his or her money and ended up in dire financial straits, leaving parents, friends, or a spouse with the burden of bailing the individual out. But it doesn't have to be this way! Judging from what people who have ended up as such have told me, I've narrowed down the reasons why people go broke to two primary ones: 1. They want to show off : Some people have a compulsion to have the latest and greatest. Whether it's the newest car or smart phone, they're not satisfied unless their stuff has all the bells and whistles. They wouldn't be caught dead with something that doesn't have the Louis Vuitton, Coach, or Michael Kors logo on it. What these consumers fail to realize that premium brands come with a high price tag. What's more, it's easier to become more oblivious to just how much you're spending when you're using plastic rather than paper. Is it any wonder these people rack up ever-increasin...

I've noticed a trend when poring over my Facebook Wall posts: It's usually women who love submitting posts about anything and everything in their lives, from pictures of the foods they eat at restaurants to videos of their newborns. Yet, most men don't seem to share this inclination to publicize everything. Sure, they post pictures and other content here and there, but not to the same degree as their female counterparts. Is it that women are simply trying to outdo other women? It's a well-known fact that women size each other up all the time. Women keenly observe how other women dress, their bodies, their hair, and even their mannerisms. Whether in the workplace or at the club, they are always in competition with each other. Now, that's not to say that men aren't competitive with one another, but I've seen it happen more often with the fairer sex -- and the latter tend to be less subtle about it. I've noted in earlier posts that Facebook is becom...