Most people do not have specific objectives and plans they wish to accomplish with their money. Most people don't pay themselves first.
Most people buy too much on credit cards.
Most people don't consider the impact of continuing inflation in their planning. Most people pay too much for insurance coverage Most people seek guarantees of numbers of dollars rather than attempting to maintain purchasing power. Most people take unnecessary risks by being too conservative or too venturesome. Most people don't take advantage of methods available to decrease taxes. Most people don't take the simple steps available to avoid probate costs.