50 Weird Ways People Go Broke

40. Living by an Accountant

One of Janis’ financial workshop participants has an accountant who sends him $46,000 per month. He doesn’t know how much money he has in the bank, all he knows is he was a star, and he had a $35 million contract. But if you do the math, he’ll spend about $6 million in 10 years.

“The money’s going to run out because it’s not being handled correctly,” said Janis. “Always know what you have. You can’t assume someone somewhere is looking out for your best interest.”

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