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What do I need vs. what do I want?
In today’s world, many people have problems setting their financial priorities. These people have a problem differentiating from what they want and what they actually need. Instead of buying items that are a necessity, many people in today’s world feel that they must buy extravagant items to keep up with the modern times. As the standard of living in America increases, many people have
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to co-sign for me and place their assets for collateral.
Despite my wish of having a car immediately, I feel that if I am able to wait and save money, I will be able to put more money down and pay less interest rates. Also, by waiting to buy a car, I will put less of a financial burden on my parents. Sometimes, what we want, is not always what we can afford.
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