10.) Accrued bank interest
John Glenn had over $1 million owed in bank interest from his 1984 run. His campaign committee was open for 22 years until the FEC administratively terminated it in 2006. Compound interest is a killer — even in presidential politics.
Brad Crate is the Founder and CEO of Red Curve Solutions and was the CFO of Mitt Romney's 2012 presidential campaign. Thinking of submitting an op-ed to the Washington Examiner? Be sure to read our guidelines on submissions.