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Discuss A Major Purchase And How To Financially Plan For It. I Wrote About Buying A Laptop

403 words - 2 pages

With college search approaching and graduation from high school, I have considered one major purchase. A laptop computer would benefit me in future years and will not put me behind on my budget if I manage this purchase responsibly. My search began when I noticed a sale through business flyers in the mail. Many stores have different sales weekly that include different types of warranties. My pursuit for a computer would have to be well-planned and well research. With proper planning this purchase will not put a burden on ...view middle of the document...

I eradicated the store with the fee and was left with the remaining two. After close research of the two stores, I noticed one advertised that they matched competitor's prices. However, the other offered one-year free technical support. After contemplating both stores and careful discussion with my parents we decided to purchase my laptop from the store with the free one-year technical support. After taxes and service charge, the laptop put a 1049.99 hole in my bank account. After careful research I believe I got the best deal for that amount of money. With a loan that I took out with my parents I will be able to reimburse them by late December. My current employment averaging approximately 400 dollars a month will leave me to accomplish my goal if this trend continues. The reason for my major purchase right now is only because of my interest in back to school sales. With my careful planning and financial procedure, this purchase will not affect my current bank account status. My present money in the bank, thankfully, will not change. This money will someday build up for another major purchase, hopefully, a new car.

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