Financial Decision Part II:
As a kid I saved up any money I received from birthdays/Christmas’s and I envisioned a goal that I had in mind. Which was to buy myself a video game for my Nintendo system. I still remember that day on a Saturday when I told my mom to take me to the hobby/toy store on Broadway in 180st in NY city. If I can recall the day I must have frustrated my mom cause as soon as I walked in I was steered away by the numerous options of toys and games. I have always been a bit indecisive when it comes to making a final choice with my money. It’s the darn value vs. cost dilemma I struggle with still till this day. I can not recall the exact video game I purchased as this was many years ago, but this one action helped me see a new side of myself that I knew would be ingranied within me forever. As the years passed I visited that hobby store time and time again to continue purchasing that new toy that intrigued me without ever going into debt. Thinking back now if I had better guidance with financial matters, I could have saved at least 20% of my income, but then I would have never been the owner of as much cool GI Joe’s, Transformers, or Thundercat toys that I desired.
If you can take away one thing from this, it is to save up first as I did and then buy what you need/want. Credit cards didn’t exist back then and loans were not as prevalent as they are now. This one decision in a weird way made me the person that I am when it comes to money and I feel that the companies that run our society want us to do the exact opposite. Spend first then pay later plus interest. Only you can stop that downward non-productive cycle.
Now after reading this what would you like to share? Comment now and feel better about yourself for releasing information that is/was important to your past life thus helping you shape your current financial mind-set and or perspective.
Adding up the best financial decisions year after year is another way to watch your money!
Image is Time + Money = Goals graph.
