Learning to Love What You Have: A Life Without Debt

One of the best ways to become and remain debt free is to simply learn to love what you already have. It’s human nature to be swayed by the glitter and gloss of new items. You drive past a new car lot and think, “Wow, those cars are so great.” Or you walk into Target and you see the big new TV with a great picture or the linen set that perfectly matches your bedroom. It’s easy to think that these things are much better than what you already have or that they will somehow fill a need you think you have. But what about your old stuff? Is it really that bad or are you just falling in lust with the glitzy new thing?

I drive a 1993 car with 140,000 miles on it. Could I jus


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2 Responses to Learning to Love What You Have: A Life Without Debt

  1. Stephan says:

    This is definitely a lesson that everyone should take to heart. There is a huge difference between wants and needs, and for the most part, the majority of things we spend money on each year fall into the wants category, not the needs. As long as you have a car that runs, a new car would be considered a want.

    although i have never used costco to purchase a car, i am a member and would certainly consider it the next time i have to get a car. The Costco membership has been very much worth it since i got it, so i expect that their car sales program is of equally high quality.

    Preferred Financial Services

  2. tes says:


    I was going through this just this morning. I’m having the unexplainable desire to have a new PDA phone that I’m not sure if I really need. I was just amaze with the features etc. I had a difficult time convincing myself that the stuff that I still have still works perfectly fine and I don’t need a new one.

    Always consider “NEEDS” vs “WANTS”

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