Happy new month.

Idon't say “Thank You” as often as I should and I doubt I'm the only one.

In fact, I'm starting to believe that “Thank You” is the most under-appreciated and under-used phrase on the planet. It is appropriate in nearly any situation and it is a better response than most of the things we say. Let's cover 7 common situations when we say all sorts of things, but should say “Thank You” instead.

We often ruin compliments by devaluing the statement or acting overly humble. Internally, you might think this prevents you from appearing arrogant or smug.

The problem is that by deflecting the praise of a genuine compliment, you don't acknowledge the person who was nice enough to say something. Simply saying “Thank You” fully acknowledges the person who made the compliment and allows you to enjoy the moment as well.

Being late is the worst. It's stressful for the person who is running late and it's disrespectful to the person who is waiting.

It might seem strange to thank someone for dealing with your hassle, but that's exactly the correct response. Most people stumble in the door and say, “Sorry I'm late.”

The problem is this response still makes the situation about you. Sorry, I'm late. Saying “Thank You” turns the tables and acknowledges the sacrifice the other person made by waiting. Thank you for waiting.

When someone comes to you with bad news, it can be awkward. You want to be a good friend, but most people don't know what to say. I know I've felt that way before.

Often times, we think it's a good idea to add a silver lining to the problem. “Well, at least you have…”

What we fail to realize is that it doesn't matter if you don't know what to say. All you really need is to be present and thank them for trusting you.

Feedback can be very helpful, but we rarely see it that way. Whether it is an unflattering performance review from your boss or an email from an unhappy customer, the standard reaction is to get defensive. That's a shame because the correct response is to simply say, “Thank You” and use the information to improve.

Sometimes criticism isn't helpful at all. It's just vindictive and mean. I've written about how to deal with haters previously, but one of the best approaches is to just say thank you and move on.

When you thank someone for criticizing you, it immediately neutralizes the power of their statements. If it’s not a big deal to you, then it can’t grow into a larger argument.