Keeping Within Budget | ** An Anonymous Journal **

Thursday, April 15, 2010

Keeping Within Budget

My sister told us that she is two months pregnant. My, that's certainly good news. She is rather worried, though, because an addition to the family would really stretch her budget. The problem is that she has just purchased a new Volkswagen Beetle and wonders if she should sell it for a cheaper used car. She loves the Beetle but it means getting financially tied up to it for the next five years. She was very happy when she paid up her previous car but couldn't resist the beauty of the Beetle though she maintains that it wasn't an impulsive purchase!

I don't think my sister should sell her car so soon after buying it. Even if she had only driven it for a month, the value of the car still has depreciated and it would mean a loss to her. Besides, she is so happy driving it, it would be a pity to sell. I suggested that she try looking for cheap car insurance. It may not save her too much money but it will still be a tidy sum long term. I’m sure every little bit of savings will help.

All these financial worries are exactly why I have pushed off buying my own car. I would like to have one to call my own but since I don’t really NEED one, I will just continue using the family car for now.

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