This piece is part of my 2016–2026 archive migration. Some original formatting, content, and external links may be missing, changed, or not be optimized.
Many things (including your ideal lifestyle) are attainable today
All You Need Today Is A Downpayment
To live an opulent or luxurious lifestyle in today’s society, all you need is a little money down, and you can pay the rest of the total at a future date.
Credit, loans, and financing have paved the way for people with modest means to live above their means – incredibly easily.
Unfortunately, this level of financial access has created numerous financial catastrophes because people have forgotten what it means and looks and feels like to live below their means.
Instead of waiting for ideal financial circumstances and having to subject yourself to financial sacrifice, you can pretty much buy what you want if you’re not entirely failing financially.
Businesses will try to help out even the worst candidates to get approved for loans, credit, and financing, so they can financially trap them further. They want you to be indebted to them because that is in their best interests.
The Guy Who Bought A 200K Car
A guy bought a $200k vehicle and put $20k down because that was all he could afford at the time.
He still has a whopping 180k to put down before that car is paid off.
Maybe it’s not the end of the world for him, but how often have you overstretched yourself for something you didn’t need or couldn’t afford?
Ultimately, the downpayment lifestyle only leads to one thing: more debt.
And for the most part, the more debt you have, the less wealth you have unless you leverage it to build wealth and more assets.
However, most people acquire more liabilities than assets.
Do You Want To Delay Your Wants?
If you want to buy something, how often do you want to delay the purchase before setting yourself up for a more favorable financial position?
Be honest with yourself.
Does waiting feel good to you? Is it hard to implement financial boundaries and say “no”?
Why not finance?
Why not swipe your credit card?
Why not take out a loan and expedite the acquisition?
Most people will never build wealth because they don’t know how to say “no” and delay the purchase.
But you can do the opposite. If you do, you’ll notice a significant positive trend in your financial situation.
This content is for informational purposes only — not professional advice. Consult a qualified professional before making any major decisions.