How To Afford Those Big Purchases

how to afford those big purchases, pay cash for big items

Making larger purchases can be scary – especially when your not sure how to afford those big purchases.

Recently our family decided it was time for an upgrade on new furniture for our home (watch the video to see why it was time).  My husband and I knew the need for new furniture was coming and we were proactive when it came to saving and making sure we got a good deal.

I’m sharing with you three steps in teaching you how to afford those big purchases without sacrificing each month.  The best part?  If you follow these steps you’ll be able to finally stop using credit cards to pay for those big ticket items and start paying cash.

In today’s video, get ready with me as I chit chat about how we recently afforded new family room, kitchen and other furniture for our house.  Plus, I’m sharing how we’re getting by during this limbo of selling old furniture while waiting on the new pieces to arrive. You can watch online or down below:

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Resources mention in today’s video:

How we use our sinking funds

organize your sinking funds

 

How to set the right financial goals for your family.

 

How To Set The Right Financial Goals, financial goals, meredith rines, meredithrines, merelynne, budget blogger, financial freedom, set financial goals, afford anything you want

Need more help?

Ready to start paying cash for those big purchases? Grab the Sinking Funds Checklist to help you go from credit to cash.  This guide walks you through setting up the right sinking funds for your family, knowing how much to save and then teaches you how to easily track your progress.

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Meredith Rines, MBA, CFP®, a budget and financial strategist helping families pay off debt and live the life they've always wanted.