Purchasing A Brand-New Car - Some-Thing That's Tough To Do As A Father Or Mother
Parenting is a difficult & demanding job. It's also a job that you cannot retire from. Even when your kids are grown, living on their own & earning an income, you still feel a sense of responsibility and a need to give advice. We have found that our kids are once again excited about our input. For a few years any-thing that we said held little to no value to our children but now that they have finished college & are taking on more responsibility for themselves they're eager for advice - you can give them good advice on a myriad of financial topics, like how to get rid of debt.
Our oldest son is very independent. We not ever had to help him get rid of debt. He has always been such the very hard worker & is the most sparing of our children - that's why getting rid of debt was never an issue. He liked to save cash and is a great comparing shopper. He has never been one that has felt that it is imperative to have brand name clothing or shoes. He has an extremely practical side to him. Due to this I was surprised when he told me that he wanted to buy a brand-new car. He has always been the one to speak about how speedily new motor vehicles depreciate and how you not ever make up for that depreciation. When I brought that up to him he said that he didn't care. He is making a good income & he has scrimped & saved his entire life, so he wants to purchase a new vehicle as a treat for the hard work he has done. He said that he knows that whenever he chooses to get married and to establish a family he might not be able to afford to purchase a new car so he wants to do it now.
I told my spouse about the chat I had with our son. My spouse was dismayed that our son would go in to debt for a brand-new motor vehicle. He thought there were other ways he could spend his money. I told my husband that at the start I felt the same way, but then I remember the first & only new motor vehicle that I purchased. It was pleasurable to know that I was driving a car that nobody else had driven. Once we were married and started our family we could not afford a new motor vehicle, we always bought program vehicles to get a better value and additional apparatus. After listening to me my spouse agreed that everyone should own at least one new vehicle in their lifetime.
A couple of weeks went by before our son drove up to our house in his new motor vehicle. He chose to buy a new car that's a hybrid. He is getting great gas mileage and the motor vehicle has a nice sporty feel and look to it. He said that the reports are good for the car to hold its re-sale value, and there are enough of the hybrid cars on the road so most of the bugs have been worked through. It is neat to see how proud he is of his capability to purchase a brand-new motor vehicle and save money at the fuel pumps.
Purchasing A Brand-New Car - Some-Thing That's Tough To Do As A Father Or Mother
Parenting is a difficult and demanding job. It's also a job that you can't retire from. Even when your children are grown, living on their own and making an income, you still feel a sense of responsibility.
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