To buy or not to buy that is the question

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By Bahiyah Shabazz, MBA

Most couples are opposites. One is a saver while the other is a spender. This also holds true for our household. I must say that we’ve come a long way. My poor son has learned whom to ask depending on how badly he wants an item.

Since I’m extremely frugal and my husband thinks the yellow brick road leads to a money tree it’s important we talk about our finances. If not, it would be a disaster. We’ve incorporated a weekly financial dialogue, which has saved the relationship from a financial meltdown. Each weekend, we create a weekly budget and discuss our personal and financial goals.

Recently, our conversation has been about a new vehicle. NO!!!!!! Although, I knew this conversation was quickly approaching I wanted to close my eyes and wish it away.

Chrysler 300 photographed in USA.

My husband has had his vehicle for eleven years. Yes miracles do happen.  However, the dependable luxury vehicle is slowly fading away. Since he’s been wanting a new car for the past three years…he’s elated to have an excuse to purchase another vehicle. I, on the other hand, don’t want a car note.

Should we take a moment to visit a car lot or purchase a work car for him? A work car that we can pay cash and call it a day! Of course, I would say the latter if I was the only person making the decision.  So here we are with decision-making.

It’s time to present the case. We both have talking points and objections.

Once we deliver our points it time to discuss the obvious. What is the miles per gallon (mpg)? There’s no secret that gas is drastically increasing. The weekly gas fill ups is a huge bill within itself.

If we considered purchasing his ideal vehicle instead of a work car, we would budget for a car note, increase car insurance, large gas bill and maintenance.

Since, I’m not the one to fold easily he’s got a lot of convincing to do. Let’s see what happens!!

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“Love yourself enough to support yourself.”

© SMG, LLC

About Bahiyah Shabazz 1003 Articles
Bahiyah Shabazz is one of the nation’s leading financial experts on the art of maximizing your growth. She's a wealth building expert, author, speaker, financial advocate, magazine and online columnist.

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