As a child, most people were told to apologize for whatever the infraction was. Can you do that to your bank account, your investments, or wallet?
Here are some things you might apologize for …
To your bank accounts:
I’m sorry I’m overdrawn again this week, but I really “needed” that pair of designer shoes.
To a checking account, sorry I thought you would be ok living a cushy life in the bank. I know you get no exercise and it would be better if you could run around with other money to earn some interest.
To your investments:
Hey 401K I really did think that the micro-widget would catch on. It was a great deal at only 15¢ a share when it went public. Really, I thought it would be the next big thing.
I didn’t forget about you 401K it was just that I, have been spending a lot more time with my credit cards and I have been giving them more of my money.
To your wallet:
I thought you understood, I don’t like to carry around a lot of cash so I use my credit cards often. That way you stay thin and sleek. I was really looking your for your health.
American Amalgamated Commercial Bank said I would earn a lot of points if I used you like cash, Credit Card. I believed them and so that is why your magnetic strip is almost gone.
Really, I thought you could go the distance Cash, I should have used you with a coupon or shopped around, but I didn’t.
You can always poke fun at your mistakes in life, but when you make money mistakes they are often more dire consequences, such as being in debt or not adequately preparing for your future.
Laugh at these apologies, but also think about how many of these may come close to being the truth.
If you have some serious apologies to make to your money, go to Mymoney.gov for additional resources.