I had an interesting conversation today at work. I explained that I had been to the BBB and I was wishing I could get a motorcycle. My co-worker asked why I didn't, to which I said I bought what I could afford. My co-worker thought I was nuts and that I could just go to the dealer and get credit. The dealer would be glad to work out a deal he said. I think his attitude reflects the financial problems that's occurring today. Too many people buy on credit and abhor the idea of saving your money and then purchasing what you want. People insist on instant gratification and refrain from discipline. It's sad to think that I may be part of a minority.
Wednesday, October 01, 2008
You Can Get Credit Too Easily
I had an interesting conversation today at work. I explained that I had been to the BBB and I was wishing I could get a motorcycle. My co-worker asked why I didn't, to which I said I bought what I could afford. My co-worker thought I was nuts and that I could just go to the dealer and get credit. The dealer would be glad to work out a deal he said. I think his attitude reflects the financial problems that's occurring today. Too many people buy on credit and abhor the idea of saving your money and then purchasing what you want. People insist on instant gratification and refrain from discipline. It's sad to think that I may be part of a minority.
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