Are you a smart money manager? Have you saved enough to protect yourself from an economic downturn?

Did you do the right things to prepare for a secure future? In dealing with your finances, you could discover that you have . . .

Too Many Accounts

Growing up, Dad always told me I needed to save money on which to retire.

So I set up ten stock accounts on which to live comfortably until I expire.

As it turns out, this may not have been a smart thing to do.

You see, the economy took a dive, and so the dollars in my accounts are few.

When I go to my broker, it causes great pain.

All ten accounts have had a serious drain.

This makes things quite difficult—little money on which to live.

As you can imagine, so few dollars, all to creditors I give.

I often regret that when this was done,

I had not set up a checking account, named as one.

Nor did I open a savings or money market account or invested in a CD.

In hindsight, I should have put money in a safe in my bedroom wall for security.

And placed cash under my mattress, with some also in the corner of the          
     room—dollars piled in a heap.

More under the couch cushion, and a stash buried in the backyard deep.

Then I should have set up a guaranteed account, that is, one protected for life. 

Doing this would provide continued support for me and my wife.

As I reflect on my plans, I now know what I should have done.

I should not have been so ambitious, at least with one.

And I have no one else to blame for my disastrous fate.

I just did not do it, and now it is too late.

Copyright © 2010 Alan Lowe. All rights reserved.