trasnslate to arabic.The advice often given to young couples starting off in life is “Not
to buy what you cannot afford”. The same basic advice should be
heeded by many. If you cannot afford it- then do not buy the item.
But what of investing in your own future in terms of an investment
in your personal education or training as well as investments in
your own personal career. Is this not getting ahead in life? Is this
not money well spent? Even if you have to borrow and go into debt
is this not money well spent?
If at the end of the day , year or decade you will be much further
ahead in position , salary as well as benefits in addition to “job”
and “personal” satisfaction is this not money, time and effort well
spent and allocated. ? Indeed it is and can well be.
In the case of your education a dollar borrowed now will result in
better jobs- that you will most likely find more challenging and
enjoyable , and have a lot more financial reward than a job on the
status scale – say as a bus driver or a technician doing oil jobs at
your local Wal-Mart. In the case of a vehicle or car loan it may be
a godsend. If your vehicle is not reliable – then how can you show
up on time keep your job without an image and reputation of reliability? Not only do you want to keep your employment and
income associated with the job but also the job references from
your employment superiors for use with other employers for better
positions and pay, or for promotion within your present
organization. You may even run into a case of promotion within
your present firm to another branch office or plant. Not having
reliable transport may limit your promotion offerings and
flexibility. In addition, if you take out a loan to purchase that
vehicle, you may well have upscaled and upgraded your car or
SUV, from the models that you most likely would have purchased.
By doing so, and driving a higher grade auto model, you may well
appear as a more established, senior, more experienced and
established employee as well as individual. Fortunately or
unfortunately in life most comes down to appearances and
perceptions.