PART 1

Think about a financial decision you made regarding the purchase of a big-ticket item or investment within the last five years. Provide a summary on the discussion thread, answering the following questions:

1. What decision did you make?
2. How prepared were you to make the decision?
3. What was your thought process as you were making the decision?
4. What financial information did you need to make the decision and why?
5. What lessons have you learned that you will apply to future financial decisions?

PART 2

Read a post by one of your peers and respond, making sure to extend the conversation by asking questions, offering rich ideas, or sharing personal connections.

Eva Goodwin 

Last year, I made the decision to purchase a vehicle. The vehicle that I previously had broke down and I needed something quick until I was able to save ad get what I wanted. I was somewhat prepared financially for something that would last me about a year until I was able to save more money for a more reliable vehicle. Unfortunately, I do not know much about cars and trusted someone I knew to help me find something for the time being. I had about 2,000 and explained to someone at my church that I was looking for a vehicle being as though her husband knew how to find cars and a lot of people went to him. I didn't know much after their purchase but I knew he could find you what you were looking for. He showed me a 2012 Altima and due to my ignorance, he assured me everything would be pretty good with the car. I gave him 1800.00 for it and by day 2, the car stopped working. Long story short, I have learned to have someone with knowledge of cars with me. I have also learned to always test drive and never just takes someones word, even if you know them and if you're purchasing a used vehicle, always have a mechanic look at it