How long did it take you to acquire the things you have?

United States
December 27, 2012 5:46pm CST
How did you go about doing that? I think a major problem with many people my age is that they forget that it took for example our parents, grandparents years to get the things they wanted. Like a new car you want, dream home, with all the furnishings and decorations, etc. Many people my age want things now, and so they go into debt big time to get things now. It will take me a long time like the older generation to get what I would like to have.But I would like to do it by saving and buying things here and there. I won't have a full furnished home with all the matching decor all at the same time. But I will have patience and take things one step at a time. It is too stressful to go thousands of dollars in debt.
3 people like this
11 responses
@olliekobra1 (1826)
28 Dec 12
You are right people nowadays seem impatient and that they are too quick to spend money they dont really have and go into debt. I like to save up my money and try and buy things out right, if i cant afford it i dont buy it simple. Companines nowadays are always offering people credit to get more money out of people so we end up spending more.
• United States
18 Jan 13
I agree. That is the thing. Going into debit means it's money we don't have. We have to borrow from the bank and then what if something happens and we can't keep up with the payments. We end up losing what wasn't ours and ruining our credit. So we definitely have to be careful and not try to keep up with everyone else and what they have.
19 Jan 13
That's true and because we have just had Christmas and because of the recession people have had no choice but to borrow more money so it looks like the credit companies win again. It seems like nowadays people need to do overtime or have a second job to earn money or else they are struggling and still greedy companies continue to raise there prices its wrong. A good strategy is to save as much money as you can and put it in the bank if you can.
• United States
28 Dec 12
I tell you this,I put my living room furniture on layaway. I piad on it for a few months. like three I think and it was $699 and I padi if off and brought it home. I have an account with fingerhut,and I bought stuff and my bill was $50 a month and I always paid $100 and they increased my limit and I still make those kinds of payments. I saved up money and went out shoping for stuff like table coverings,curtians and more. we are about to buy a bedroom set for the bed. I want a good one so I am willing to spend the money. I save my mylot money for months and shop with that as well.
1 person likes this
• United States
18 Jan 13
I'm glad to hear that you are able to buy things that way. That is a great way to get a living room furniture. I will have to keep an eye out for things like that. I'm glad that you have a good account with fingerhut and that they increased your limit. That is awesome. I hope that you will soon find a bedroom set. I hope that we will eventually get a new one we need one.
@kitila (4)
28 Dec 12
it is differ from one person to another some people do take a long time to acquire example when you dig your farm while expecting to reap in a certain time intervals example six months so you will acquire it after such period of time and so on. I you want to obtain a degree in university while you are now in primary level it needs a time to reach university level, you have to proceed with the school til you finish secondary education till you reach university level where you may start your studies until you obtain your degree. Therefore if the nature of what you want to acquire do need little amount of time it can be and if do need so long time then it will take long time.
• United States
18 Jan 13
Yeah it depends on what each person wants to acquire. It does take time and effort to see results. If we are persistent and don't give up we can have confidence that we will see good things. Some things do take longer than others when we are thinking of a career. We will just have to have patience and keep working at it.
• Greece
28 Dec 12
That is so true Dominique and the needs have grown more demanding with each generation. When I got married I had no fridge, no home, no fire, no telephone just the basics to manage from day to day. When my daughter got married she had all those things from the beginning, so the things she bought were what I would have described as luxuries. Now it is granddaughter's turn and she has all mod cons including some pretty pricey electronic gear - there is a major difference however, she is renting with little prospect at present of buying her own home. I bought my first home about 4 years after I got married, myu daughtr bought hers almost immediately. I think your course of action is sensible and if you save for things you appreciate them so much more and the downside of getting everything at once means that they will all need replacing all at once!
• United States
18 Jan 13
Yeah that is what I mean.This generation tries to have so many things at the beginning of each new phase of their life. Whether it's moving out on their own,getting married, or having children. Most want the best and newest of everything when it comes to those life changes. That is a good point that you bring out that most of those things will need replaced at the same time and that will be spending out a whole lot of money at the same time.
@allknowing (73355)
• India
28 Dec 12
It did take time to get some of the things that I wanted and among them the most noteworthy have been the foreign trips and my dream home which I designed. They came about at the right time as we had planned everything well.
1 person likes this
• United States
19 Jan 13
I'm glad to hear that you were able to get the things you wanted within the time frame you set. It is great that you are able to travel to different places. And being able to design your dream home I'm sure was spectacular for you and your family. I'm happy for you.
@jkli123 (67)
• Singapore
28 Dec 12
Hmm. I agree with you that our generations wants just too many things. But it cannot be helped as the times are moving at a extremely fast rate and people must get new things in order to keep up with the times and the fashion or trends of the era. Doing this things may take much time and if you have patience, one can definitely get what they want
1 person likes this
• United States
19 Jan 13
Yeah it is important that we be patient and we try not to get into debit. There will always be someone who has more or better than we do. When we realize this and appreciate then we will not feel the need to have to be like everyone else. But we can be balance and get some things we would like to have.
@ARIES1973 (9539)
• Legaspi, Philippines
28 Dec 12
This is a very good plan to pursue. I am also planning of having a lot of things but as of now I still have to prioritize my children's education. hopefully, after they are all finished with their studies, I can also have enough fund to get what I am dreaming of. But of course if I became successful with my online career. I can have it earlier. Have a nice day!
1 person likes this
• United States
16 Jan 13
Yeah it is important that we keep our children and what we want for them as a priority. It is our responsibility as parents to look out for them and support them as much as possible. I hope that your online career will be a success as well. Keep working to achieve your goals and I hope that you will see them take off.
@dee777 (1418)
• South Africa
28 Dec 12
Dominique, I think the answer lies in planning and to focus and NOT be distracted. Plan 'do-able' things and put a time-frame to it. Focus on only that one particular thing before you move on to another. Do not allow people to stress you about mark-down prices on other items to buy that will put you into debt. Debt is a killer, and you are still young, so draw up a list, plan and stay focused.
• United States
16 Jan 13
Thanks! I appreciate that. Yeah I do not want to have a whole lot of debit. I'm sure that it really does stress people out. I only have a small amount of debit with our car payment but that is enough for right now. I would rather save and buy than go a lot into debit. It will just take more time this way.
@thesids (22351)
• Bhubaneswar, India
28 Dec 12
Hi Dominique This year I gifted my wifey a laptop. Didnt cost much - was only 600 USD. But as I have been ill and at home since 2008, without a regular job and more of regular medical expenses, I still managed to save the amount and surprise her. It took me about a little more than a year to achieve it. We have finance facilities available with the sellers but I did not opt for them just because these are not so very good for people who do not have regular earnings. I cannot say that these finance things are good or bad but I have seen many people do wonders with them and similarly many who fall victims to them... So I guess it is how you manage the show and what is the purpose of your opting for the debts.
@babyeve (1051)
• Seychelles
28 Dec 12
It takes a while these days because money is an issue most of the time. When you look back, back in the days things were difficult but it was cheaper and it was way easier to make sacrifices. Life is stressful these days for all of us who are struggling.
@jodylee (968)
• United States
28 Dec 12
Two Thumbs Up! Debt is foolish! I have been working hard over the years to accumulate my possessions. My husband and I have been together for 14 years and married for almost 9. We have a mortgage on our home and that and my school loans are the only debt we have. We just recently bought him a new to him SUV that is beautiful, but we did it with cash! My car is not pretty but it runs and we are now saving for my replacement. We go without some things but honestly not much. We save and buy what we need :) Good for you for being patient, you will appreciate your possessions much more that way!