Can I Afford It?

A while back I was surfing channels and I got sucked into watching part of a Suze Orman show. Ordinarily I cruise right on by when I see her annoying presence on television but I stopped anyway. In the same way I can't stand Keith Olberman on MSNBC I still can't help but stop at it now and then. Maybe to remind myself how repugnant he is I don't know. Anyhow as annoying as Suze Orman can be (and mind you it's not anywhere near being in the same league or flavor as Olberman) I got sucked into it watching this segment called "Can I Afford it?". It was actually rather interesting because people call in with all these ideas in mind for things that they want to buy. Then they say what their income is, what their savings are, and how much debt they have if any. Suze then reviews the situation and gives them her approval or a denial. Most of the time she denies people and most of the time it's pretty obvious why. I felt better about my financial position in life after I watched this. A lot of people out there have a lot of debt and not enough savings. This one guy wanted to buy a horse for 6 grand I think and she denied him. If I remember all this right I think he was 58, he had 7K/mos income and debt-wise I think a mortgage. Then he says that he has $2000 in stocks and didn't mention any retirement savings. What the heck? Your 58 dude! Your in serious trouble if you want to retire anytime soon and now you want to buy a horse that cost more money than you have saved?

In don't need Suze Orman to tell me if I can afford stuff or not. I could buy everything on my wish list tomorrow if I wanted to but it wouldn't be a very responsible thing to do. I labeled it "materialistic" for a reason. I'm going to buy the stuff I can afford and save for the rest or maybe just forget about buying those items altogether in the short term. It's called priorities and thankfully I have mine straight.