Gold, shamrocks and wishes come true. It’s that time of year when we think about what riches or treasures may lie at the end of the rainbow….

The first “treasure” that comes to mind is when people discover the convenience of their first credit card. At first it seems like an endless supply of free money, but those who fall prey to the temptation of spending more than they can afford to repay, soon discover that their new-found treasure is anything but.

A second “treasure” that many homeowners discover is the “miracle” of re-financing, otherwise known as using their house as an ATM. Living beyond their means year after year maxes out countless credit cards and lines of credit, to the point where all of the money they saved by paying down their mortgage, needs to be pulled out of their equity to pay off their debts.

Other hard-working folk fall prey to unexpected expenses, playing the lottery and not planning for retirement. There’s no time to look for a rainbow when you’re running from one rain cloud to the next!

Everyone’s definition of treasure is different, but for so many people, treasures beyond the intangible, cost money… money that they often don’t actually have.

And so the leprechaun wisely observes, the only pot of gold is the one we create for ourselves through saving and using credit wisely as part of an overall plan for our money.

Your gold card may seem like a pot of gold, but as all clever little leprechauns know, things aren’t always as they seem.

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