Confession
Dear readers,
Since I moved into the house, I have purchased the following things: 50" Plasma, large leather couch, Crate and Barrel side tables/coffe table/media stand/audio towers, high end sound system (where my reciever alone costs more than the most expensive 5.1 system you can get at Target), large Samsung refridgerator that has a really cool blue display, nice black large expandable dining table with 4 chairs that total more than the table, a sweet Weber grill, Elfa systems for 2 walls, and a few pickup truck loads of stuff (bed frame, tables, dresser) from IKEA.
:(
On the one hand, my place is about as efficient and functional as it can possibly get. Since most things are scalable and of fairly high quality, I don't suspect I will be buying replacements for them for the next 20 years.
Thankfully, I won't be in debt that long. I will outline my payment plan for you later today/this week.
- All purchases made on 2 credit cards (0% on purchases)
posted by Dave @ 10:34 AM
6 comments
6 Comments:
I just checked your net worth and saw it is half of what it was last month?
Please tell me you aren't spending more than you make!
No no. Don't worry. I've been around these blogs far too long to be that silly. CLOSE. But not quite.
The net worth drop is primarily due to a shuffling of money that occurred when I bought my house. I added a "debt" to my parents which they don't expect back/know about. They "gave" some funds to me but I plan on paying that back.
In Action
Stop buying so much stuff. You don't need it.
I love your blog, but come on,
NCN
This comment is part of the 100 Comments Series over at No Credit Needed.
Thank You for your confession, it makes the rest of us who are afraid to admit the purchases that we know are bad for us feel better.
Best of luck with the new place! It's difficult to fight the urge to fill up the house as soon as possible...we've been doing our best over the past 3 years to improve a room at a time as we have the money to do so. That strategy doesn't always win, however....
Our house-furnishing strategy is to do the whole house as cheaply as possible, then slowly upgrade things room by room. That does mean a lot of low-end furniture at first, but I'll never look at a credit card bill and go "Uh-oh," nor will I have empty rooms in my house that could be used for something.
Post a Comment
<< Home