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  • Needs vs. Wants

    I Want My Golden Goose!

    Wednesday, August 13th, 2008

    I am sure everyone has seen the movie Willy Wonka and the Chocolate Factory.  At least twice, right? It actually happens to be one of my favorite movies (the original of course), though Johnny Depp played the role of Mr. Wonka brilliantly. But do you remember the part where the rich girl is in the chocolate factory and she tells Mr. Wonka that she wanted the golden goose and she wanted it now? She even drummed up a high school musical type theatrical, singing and prancing around about everything she wanted. Now I don’t need to remind you of what happened to the little girl, and the many other children that failed to listen to Mr. Wonka.  For those of you who have never seen the movie, the ending was not pleasant to say the least.

    Why do I mention a movie that is ever so innocently geared towards children you ask? Its simple, because most of us in our adult lives can relate to the little girl and her golden goose tantrums, as well as seeing it in our children on occasion. As I have begun to walk down the yellow brick road to debt freedom, I talk to more and more people who believe just as the little girl did, just as I did only a few months ago. Those who have been though Financial Peace University have watched Dave’s video that speaks about this issue.

    So the saying goes, “I work hard, I should get what I want.” Of course you should, but under the right circumstances.  We as a people fail to realize the true consequences of acting impulsively and purchasing things on credit because of the “I earned it” type of mentality. You can probably attest to this if you live paycheck to paycheck. So what can we do to insure and maintain financial bliss while Veruca Salt lives within us? Well here are a few tips in case you feel the urge to have a tantrum like Ms. Salt did in the movie.

    1. Save up and pay cash.

    2. Sleep on it before you buy it.

    3. Wait for a sale, or look on Ebay.

    4. Buy it used.

    5. Ask yourself if it is a need or a want.
    6. Just say no!

    I hope these few tips help you, and feel free to add if you have more ideas on the subject. After all, you don’t want to end up being sent down the “bad egg” hatch for mismanagement of your money, so lets get on the plan and be about the business of creating wealth and happiness!

    Do you have a Veruca Salt moment that you would like to share?  Leave a comment and tell us about it!


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