Saturday, July 11, 2009

LUXURY CARS

My cousin visited me this week and attended his 50th high school reunion. I always enjoy his company and we had an interesting discussion about retirement and finances. We both have worked hard throughout our lives, saved diligently, and invested wisely. But now he said, “It is time to enjoy the money we have acquired.” “In fact” he said, “we (his wife and he) have decided to spend our money, to buy things we want or see.” And he encouraged me to do the same. “Buy yourself a nice luxury car,” he suggested. “You’ve never treated yourself to something really nice and now is the time to do so. This will probably be your last car. So buy something great, a Lexus or Mercedes-Benz with leather seats, etc.”

I know he’s right. Why shouldn’t I do something nice for myself. But all my life my parents taught me that I shouldn’t waste money and so I have always purchased economy cars. Old habits die hard and I can’t see spending lots of money on a car that will get me the same places a less expensive car will. But I will give it some thought. My current car is 10 years old and has only 45,000 miles. I had no thought of even buying a new car for several more years. But maybe I won’t wait and maybe I will buy at least a little better car. But parting with $30,000 or more will be a real emotional struggle,

By Hannah --www.FunnyPhotosContest.com a photo contest for cute or funny photos and photo captions.

2 comments:

bj said...

Hi..I doon't think we have met..I am bj and so glad to meet you.
I, too, am a senior citizen and, yes, old habits and teachings are very hard to change. We live on Social Security mostly and have to really budget our money. However, we have never "lived high" so working with a budget is nothing new for me.
We buy good, used cars..only had 3 brand new cars in my looong life. I am of the idea that as long as my car is running good, it looks half decent...I am happy. Everyone has their priorities, of course, and cars are not on my top list..:O)
Come by to see me sometime...I'd love to share my budget ideas with you...I love thrifting more than anything and have such fun doing it. My entire cottage is furnished with thrift items...and I love it.
xo bj

bj said...

I wanted to sign up to follow you but can't find where to do so ??