Word count:
"Can two walk together, except they be agreed?"
Book review: Things I wish I'd known before we got married
The other 80 Percent
(From where we stopped yesterday)
Why do we use credit?
Because we want now what we cannot pay for now. In the purchase of a house, that may be a wise financial move. We would have to pay rent anyway. If the house is well selected, it will appreciate in value. If we have money for the down payment and can afford monthly payment, such a purchase is wise. On the other hand, most of our purchases do not appreciate in value. Their value begins to decrease the day we buy them. We buy them before we can afford them. We pay the purchase price, plus the interest charges for credit, while the article itself continues to depreciate in value.
I know that there are certain "necessities" in our society, but why should a young couple think they must obtain in the first year of their marriage what it took their parents thirty years to accumulate? Why must you have the biggest and the best now? With such a philosophy, you can destroy the joy of aspiration and attainment. The necessities of life are relatively few. They can be met on your present income. I am not opposed to aspiring for more and better "things" if these can be used for good. But I am suggesting that you live in the present rather than in the future. Leave the future joy for future accomplishment. Enjoy today what you have today.
To be continued tomorrow by God's grace
#Amos:3:3
#goodmorning
#anniesentcares
#newsongsontheway
#songsofvictory
#planyourfinances
#wisdommatters
#garychapman
#favouredday
Gracedrelationshiprecipe@blogspot.com
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