- Personal Finance
Simple Things of Life
We live in a culture where we all want the next best thing. We as a people seem to have a fascination with having the newest shinniest product out there even when we can't afford it. This is a problem that plagues many of us, we want what we know that we shouldn't have, at least not yet.
Why do we do this to ourselves? I consider myself lucky to have been raised in a home where debt was looked down upon, and I was taught the value of a healthy emergency fund. From my background I can't fathom why anyone would willing go into debt, especially if it is for some trivial thing that is just wanted instead of needed.
You might say that you need the newest iPhone, but I can assure you that you do not need the newest iPhone. The one that you got six months ago that is still working perfectly well will do you just fine. I have had my phone for four years now, and I am still just as happy with my phone as I was the day that I got it. Since my phone is still working I can't imagine wanting to upgrade.
It is not just phones that people want to constantly upgrade. We want to upgrade our house, update our car, etc. But why, we say it is because we want to display status or some other thing like that. Before we go any farther I would like to ask yourself one question. Why do you think anyone else would care about what kind of car you drive or the size of the house that you live in. Sure they might like it while they see it, and likely even comment about it. However, these people you are trying to impress will have forgotten about your purchase long before you get it paid off.
If the people whom you are trying to impress won't remember your posessions anyways, why then do we keep buying them like there is no tomorrow. I propose that we as a people return to the time when we could better enjoy the simple things. There is nothing wrong with just sitting with your buddies on the tailgate of your truck drinking a nice sweet iced tea. This can be a great time, and you are more likely to remember your time together than the nice car that your friend has parked in the driveway.
Not only will these simple things in life be something that is more memorable, but you also won't have to be paying for it for years to come. In my books it is always to drink a sweet tea with friends than it is to try to show off with something that is only valuable because I paid a lot for it. No debt will always trump any feelings I could get from buying a fancy car, or a fancy house. Note this doesn't mean that I will buy my first house without a mortgage, but I do plan to.