One of the areas that I often see clients get hung up on is that they associate certain funds with a particular use or value. In reality, all of the money you have is your money to be used for anything you need to use it for. This association is known as mental accounting. Basically, what this means is that people place different values on the same amount of money. While not always a dangerous habit, there are certainly instances where it can be dangerous to your financial wellbeing.
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