There are a few big ticket items in life. The biggest is probably the apartment or house we stay in. Another one is a car, for those who choose to have one. I know this may not sit well with some of you going by some of the response my blog post on the topic got but children are big ticket items too. Another thing that could become a big ticket item for some is the cost of insurance.
In all these, consume because we have to but if we over-consume, we are jeopardizing our finances. Do the necessary research before committing to any big ticket items. An apartment, a car, children or insurance. You name it. Don't just jump into it and think that things will sort themselves out.
The following is an email from a reader who wants to share with us why it is important to know what we are buying and if we have all the facts before making a decision: ......