If you feel like you’re wasting money or that you just can’t get your spending under control, you’re not alone. In a popular video on his YouTube channel, personal finance expert George Kamel, who works with Dave Ramsey, explained that people waste almost $2,000 on average per year on impulse purchases.
This is money that people could use toward more purposeful financial goals, like paying down debt or building their first emergency fund. Here are several things people waste money on, according to Kamel. While it’s not an exhaustive list, you could get your 2026 goals off to a good start by cutting out several of these items.
