I've been meaning to for years

I took a peach pie over to my friend’s house last weekend. This seemingly mundane activity sparked quite an interesting conversation:

Friend: I have been meaning to make a pie for years.

Me:        Really, years?

Friend:   Well, summers go by really fast.

Me:        Pie doesn’t really have a season.

Friend:   Maybe I’ll make a pie next year.

Me:        You can make a pie in like an hour!

Friend:   I don’t have a pie server.

Me:        Well in that case, you’d better wait.

On the way home, I was thinking that if my friend can come up with multiple excuses not to make a pie, imagine how many excuses there must be to avoid money management. You are probably thinking that my friend’s excuses not to make a pie are lame, right? Well, I think most excuses are. For example, I asked a few people why they aren’t doing what they know they should be doing with their money. Here’s what they said:

-Times are tough right now.
-I need more time to research my options.
-I’m looking for a new job.
-I think I’m doing okay.
-I haven’t had a chance to go in and update the software.

Pretty lame, right? What’s your excuse?

 

Kim McGrigg is the former Manager of Community and Media Relations for MMI.

  • The Consumer Federation of America (CFA) is an association of nonprofit consumer organizations that was established in 1968 to advance the consumer interest through research, advocacy, and education. Today, nearly 300 of these groups participate in the federation and govern it through their representatives on the organization's Board of Directors.
  • The National Council of Higher Education Resources (NCHER) is the nation’s oldest and largest higher education finance trade association. NCHER’s membership includes state, nonprofit, and for-profit higher education service organizations, including lenders, servicers, guaranty agencies, collection agencies, financial literacy providers, and schools, interested and involved in increasing college access and success. It assists its members in shaping policies governing federal and private student loan and state grant programs on behalf of students, parents, borrowers, and families.

  • Since 2007, the Homeownership Preservation Foundation (HPF) has served as a trusted, neutral source of information for more than eight million homeowners. They are partnered with, and endorsed by, numerous major government agencies, including the U.S. Department of Housing and Urban Development and the Department of the Treasury.

  • The mission of the U.S. Department of Housing and Urban Development (HUD) is to create strong, sustainable, inclusive communities and quality affordable homes for all. HUD works to strengthen the housing market in order to bolster the economy and protect consumers; meet the need for quality affordable rental homes; utilize housing as a platform for improving quality of life; and build inclusive and sustainable communities free from discrimination.

  • The Council on Accreditation (COA) is an international, independent, nonprofit, human service accrediting organization. Their mission is to partner with human service organizations worldwide to improve service delivery outcomes by developing, applying, and promoting accreditation standards.

  • The National Foundation for Credit Counseling® (NFCC®), founded in 1951, is the nation’s largest and longest-serving nonprofit financial counseling organization. The NFCC’s mission is to promote the national agenda for financially responsible behavior, and build capacity for its members to deliver the highest-quality financial education and counseling services.