That's what my 19 year old stepdaughter asked the salesman of a furniture store recently. She'd told her dad she'd found a living room set she wanted and it cost $2000. He cautioned her about getting in over her head and she insisted she could pay for it. She gets a lot of overtime and makes very nice money for someone her age. We were concerned about this large expense since she's on her own, has a car payment, insurance, etc. but she's of age and will spend her money as she sees fit.
However, after her talk with him she got to thinking about his words (and presumably the wisdom of them, lol), went to another store and found a set she liked just as much that was $1600. She told the salesman she'd pay $1000 cash for it and he agreed! Then she said something to the effect of, "Okay, I'm giving you a thousand dollars of my money for this set. What can you do for me?" He apparently was a little surprised and hesitant but threw in an extended warranty and arranged for free delivery. A few days later she found out her overtime was cut way back and her paychecks are substantially smaller, though still very good.
I still think she spent too much but how wonderful that she considered her dad's words, rethought her plan, came up with a better one, and seems to be learning.
We're giving her Dave's Total Money Makeover book and an envelope system. Certainly that will be money well spent!
"What can you do for me?"
December 2nd, 2009 at 06:27 pm
December 2nd, 2009 at 08:20 pm 1259785231
December 2nd, 2009 at 08:34 pm 1259786058
December 3rd, 2009 at 04:18 pm 1259857090