Money doesn't have to be boring! Each week, CreditBloggers.com takes a look at the lighter side of the personal finance world in a series called Funny Money Friday.

Hello to those few of you at work today before the holiday weekend! Can you believe that we are only a few days away from 2007? That means it is time to start thinking about New Year's Resolutions!

Getting out of debt, increasing your savings, improving your credit scores...there are plenty of good ideas for resolutions available (and we'll be talking about them in detail next week). But this is Funny Money Friday, so we're going to instead show you some resolution ideas that you should certainly avoid for the New Year.

Really Terrible Financial Resolutions for 2007:

1. Replace your current online passwords with something easier to remember...like "password."
2. Close all your credit cards accounts in an effort to "clean up" your credit report.
3. Debt, glorious debt.
   
4. Move your savings from a high yield savings account to a standard bank savings account; it makes sense to earn an annual percentage yield that is lower than the rate of inflation.
5. Why not file for bankruptcy...it sounds fun.
6. Cash out your 401(k) savings to get that water ski boat you've always wanted.
7. A free laptop just for opening up a credit card account! That sounds too good to be true. Where do I sign up!
8. Reserve your paper shredder exclusively for the purpose of making festive confetti.
9. So, you're saying that there is money in Nigeria that the minister of accounting needs some help with?
10. Beanie Babies are a solid foundation for a long-term investment strategy.

Share your ideas for terrible financial resolutions in the comments section below. Happy Friday and best wishes for a prosperous New Year!