Money Monday: The Four Horsemen of Personal Finance

Finance blogger Len Penzo wrote a brilliant piece titled "Beware the Four Horsemen of Personal Finance."

Penzo’s "Four Horsemen of Personal Finance" are as follows: 

• Cigarettes
• Lottery Tickets
• Alcohol
• Dining Out

Cigarettes: Forget the health consequences: Your higher spending level matches your addiction. 

Lottery Tickets are often called a "Stupid Tax" considering the astronomical odds of winning.

Alcohol is much like cigarettes -- soft drinks are about a quarter of the price and you get free refills

Dining Out is five times more expensive than cooking in.