Helping Nurses "Live Smarter Not Harder" by Balancing the Mind, Body, Soul and Spirit

Archive for November, 2011

Escapades of the Lost Car

OMG! My husband’s car broke down unexpectedly and it’s a wrap for the car. Our mechanic told us the bad news. Its over! It’s not worth it to fix the problem, which is the engine. It was a 1998 with over 260,000 miles on it. Well, after we said our goodbye’s to our old faithful car, we began the process of finding another car. Just like anyone else we had to look at our finances while we take into consideration the economy in all of it’s instability.

The first thing we had to do is decide is “What can we afford?” This gave us an opportunity to assess, fine tune and re-evaluate our budget. This turned out to be a good thing. We re-evaluated our debt reduction plan, re-assessed our daily and weekly and monthly expenses and incorporated some of our retirement plans. All of this would allow us to see how much new car we could afford.

Now some of us are in the situation where we don’t have to compromise with anyone. Some of us do. In my situation I had to compromise. My husband had his heart set on a particular car. My thought was to get a less expensive car and wait until we paid some of our debt down and then get the car we really love. Well after much conversation, the compromise was a combination of the two. Have a debt repayment plan and get the newest car we can afford to reduce the possibility of car repairs.

All is now happy on the home front. We were able to get the car we wanted and could afford. The debt repayment plan is up and running, and we still have our marriage intact.

Lessons- sometimes unexpected needs come up.
– approach your financial situations logically.
– compromise when necessary but stay true to your priorities.

“Your Journey…It’s all Connected!”

Naomi Jones – Life Coach RN
www.LifeCoachRN.com

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