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Going along with these goals, the following is a Yakezie blog swap post from Derek at Life And My Finances, where he writes about his journey to debt freedom, money savings, and investing for the future. Check out my post When Splurging Was the Correct Thing To Do over at his site today!
At first, I was completely opposed to the idea. Since we were focused on getting out of debt, I did not see how spending $1,000 would get us to our goal. However, I enjoy messing around with technology, and was still intrigued at the idea of getting the best SLR camera on the market.
- Food = -100
- Wife’s play money = -150
- My play money = -100
- Gift money = -100
- Sell the laptop = ($200 gain toward camera)
Jacob’s Thoughts – Listed below are my random thoughts as I was reading this article.
- @Buying a good camera – I definitely agree! Buying a good camera like this can be a great way to get started with your own photography business. I have several friends that have side-businesses photographing weddings. They get paid over $5000 per wedding, and many times, they’ll get flown around the country to the wedding location.
- @Planning for the big purchase – I applaud the way that you all cut back in other areas in order to save up money for purchasing the camera! It seemed like you all executed it perfectly. This is a great lesson for us all to learn – that it’s all right to splurge if 1) you have a logical reason and 2) you take time to plan out the purchase and don’t just do it impulsively with a high interest credit card!
***Photo courtesy of http://review239.com/images/20101123/3689/canon-eos-7d-18-mp-cmos-digital-slr-camera-with-3-inch-lcd-and-18-135mm-f.jpg