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‘You need only watch episodes of Judge Judy’: I’m in my 70s. Why do people keep making the same avoidable financial mistakes?

“Consider some familiar examples of poor decisions: accumulating credit-card debt or failing to plan for retirement.”

✦ Extractive summary — built from the sources' own reporting•From 1 source•1 min read•Updated October 26, 2026, 4:15 PM UTC
Key points
  • MarketWatch: ‘You need only watch episodes of Judge Judy’: I’m in my 70s. Why do people keep making the same avoidable financial mistakes?

“Consider some familiar examples of poor decisions: accumulating credit-card debt or failing to plan for retirement.”

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