September 7; Is A New Model Always Better? MANAGEMENT BY THE BOOK: 365 Daily Bible Verse & One-Minute Management Lessons For The Busy Faithful
Chapter Nine: Finance; September 7
Whoever loves pleasure will become poor;
whoever loves wine and olive oil will never be rich.
|Is A New Model Always Better?|
Your Business Professor celebrates two anniversaries each May.
The two constants every man needs.
(For some men, the order may not be important…)
There is a bar bet that Your Business Professor always wins.
A gambling bet was never actually placed. But if one were, I would win.
I bet my car has more miles on it than yours.
Charmaine and I are moving into our 2nd quarter century of marriage toward that death do us part part. The other anniversary is also a milestone approaching three decades.
Alert Readers know that Your Business Professor drives one of those indestructible German tanks. (Let’s not call it a panzer.) You are thinking,
How did he do it? How did he survive all those years?
Without a coffee cup holder…?
Yes, those old Teutonic transports did not have cup receptacles. It wasn’t an issue of frugality. The Germans do not believe that people should drive and drink…coffee. Ergo, no coffee cup holder in that old model.
So the ride has been a series of spilled hot fluids. And I would do it again.
The late Financial Expert Larry Burkett believes that a man should own but one car and run that car ’til the wheels fall off then repair and repeat. Replacing is poor stewardship of resources.
It is also Biblical and is based on the Babe Bargain: A man should be the husband of but one wife.
A car and a girl. What more could a guy want? Larry Burkett continues,
Let’s face it. The majority of new automobile sales in America are made because of the buyers’ wants, not needs.
Often they are just tired of their cars; they look old and out of date, or they need repairs to put them back into top condition, or their neighbors or coworkers have acquired new cars.
If financing is necessary at this time to buy a car, begin immediately preparing and saving in order to buy the next car with cash. Larry Burkett, Major Purchases: Housing and Cars, Christian Financial Concepts, p. 43-44
In May of 1987 Your Business Professor bought a new car. Two lifetime investments; two May anniversaries.
Whoever loves pleasure will become poor; whoever loves wine and olive oil will never be rich. Proverbs 21:17