Wed, 04 Jan 2012 10:26:47 GMT | By Jason Buckland, MSN Money
The worst money lies we tell ourselves

Do any of these lines sound familiar?



In a bid to shed the status quo this year, MSN presents a rundown of some of the worst, self-perpetuating money lies we tell ourselves, and how you can avoid committing the same financial follies in 2012. (© iStock photo)
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  • In a bid to shed the status quo this year, MSN presents a rundown of some of the worst, self-perpetuating money lies we tell ourselves, and how you can avoid committing the same financial follies in 2012. (© iStock photo)
  • "But I get rewards when I use my credit card ... " - The worst money lies we tell ourselves (© iStock photo)
  • "Look how low the monthly payments are ... " - The worst money lies we tell ourselves (© iStock photo)
  • "It's interest-free for 12 months ... " - The worst money lies we tell ourselves (© iStock photo)
  • "I don't make enough money to save ... " - The worst money lies we tell ourselves (© iStock photo)
  • "It's on sale ... " - The worst money lies we tell ourselves (© iStock photo)
  • "If I make any more money, I'll lose my benefits ... " - The worst money lies we tell ourselves (© iStock photo)
  • "But it's free ... " - The worst money lies we tell ourselves (© iStock photo)
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The calendar now reads 2012, which means a new year and a new lease on our cash. This will be the year we save more. This will be the year we spend less. This year, damnit, will be the one we finally figure out how the TFSA works!

Of course, for many Canadians, 2012 won't be any of the above, and chances are many broke Canucks will leave the New Year just as they entered it. But fear not. In a bid to shed the status quo this year, MSN presents a rundown of some of the worst, self-perpetuating money lies we tell ourselves, and how you can avoid committing the same financial follies in 2012.

* Bing: What financial goals should you set for the New Year?

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