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  1. 05-21-2008, 08:10 PM #1
    lovestolaugh
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    Default I am so proud of my DS!

    My DS12 has been saving up for an Xbox 360 for over a year. He has saved his birhtday $, Christmas $, allowance and even started mowing lawns to earn extra money. He finally has saved enough for the Xbox Pro brand new, $350 plus 5% tax. I suggested he look on Craigslist before he spends his money. He found an Xbox 360 Elite, practically brand new which retails for $450 plus tax and he only paid $350 flat. He is so proud of himself! He got a better system for less than what he would have spent for a lesser machine. He has learnd a valuable lessen about depreciation! We had the whole converstation about new car buying compared to used car buying too. He was shocked at how much people, as he put it, "get ripped off" buying new!!! WooHoo! He get's it!!!!! Just had to share!

    Live - Laugh - Love

    2012 Goals:

    1. Build up EF.
    2. Lose weight.
    3. Quit smoking.
    4. Stay within my monthly budget.
    5. Continue paying down debt.
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  2. 05-21-2008, 08:18 PM #2
    Frugal Nurse
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    That IS a big "GETS IT"!

    and a huge purchase!
    I can not beleive that he really wanted an XBox ... even after saving his hard earned money!!

    wow!!!!

    Now.. you know what would be interesting to post on.

    how he treats it.
    how long it lasts
    how he feels about it in a month once the novelty wears off.... was the purchase worth it?
    If he sells it later.

    stuff like that.

    It would be an interesting learning process about the value of things, the cost of 'stuff'. the priority of the purchases.

    I don't have an xbox- and the last game I played on the TV was "Atari tennis"... so- maybe this XBox is some fantastic thing. I don't know. lol!
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  3. 05-21-2008, 08:34 PM #3
    lovestolaugh
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    I have a feeling that he is going to be taking excellent care of it!!!! He saved his money for a pair of shoes he wanted back in the fall and he takes such good care of them. They only cost $20!!!!!!! I will definetly report back to you guys how he feels about the purchase after some time has passed! The funny thing is that he has the system but no games for it! He will have to earn more money to buy used games. It will be fun to see how that goes!!!! Hopefully his buddies will let him borrow a game or two for awhile! If not, he has a whole summer of cutting lawns to look forward too!!!
    Live - Laugh - Love

    2012 Goals:

    1. Build up EF.
    2. Lose weight.
    3. Quit smoking.
    4. Stay within my monthly budget.
    5. Continue paying down debt.
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  4. 05-21-2008, 08:39 PM #4
    G'MaDebbie
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    That is a heck of an accomplishment! You have every reason to be proud of him! Good job mom!!
    When the world knocks you to your knees, remember that your in the perfect position to pray.


    DR Plan
    BS 1 $1000/1000
    BS 2 working on those medical bills ......ugghhhhh
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  5. 05-21-2008, 08:46 PM #5
    Nishu
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    Congrats, you should be proud!
    ~Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.~

    ~The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.~
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  6. 05-21-2008, 09:43 PM #6
    jamie79
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    good for him!!!
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  7. 05-21-2008, 09:48 PM #7
    northernmom2boys
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    you should be very proud of him
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  8. 05-21-2008, 10:10 PM #8
    LuvMyHubby
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    Good for him. With that kind of determination, he will have saved up enough money for a really decent used car before he is even old enough to drive.
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  9. 05-21-2008, 10:36 PM #9
    Michelle68
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    That's great! And it sounds like he got a great deal. You should be very proud of him.

    --Michelle
    ~ Michelle



    Wife to DH--
    Mom to DS--
    and DD--

    Avatar picture--Taken at Comanche Lookout Park, San Antonio,Tx. April,2010
    Mortgage -- $53,077.24
    March Emergency Fund Challenge-- $100 /$200
    ----------------------
    "The time to save is now. When a dog gets a bone, he doesn't go out and make a down payment on a bigger bone. He buries the one he's got." --Will Rogers
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  10. 05-22-2008, 02:40 AM #10
    Dutchie
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    Way to go.
    You are rightfully very proud of him.

    I know from the experience of my kids that everything that they had to pay for themselves by working, and working really hard, they have appreciated and really looked after.
    *Avril*



    Mom to Laurens (30), Timothy (26), Dimmen (24), Lloyd (23) and Fiori (21).

    May - no spend days 8/15
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    May - no eat out 13/15
    May - baking 1/1
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  11. 05-22-2008, 03:43 AM #11
    mmy2grls
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    That is great he saved and got a good deal
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  12. 05-22-2008, 03:40 PM #12
    zakity
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    Wow! Very impressive.


    My 12 year old wants to save for a Wii. All his friends have a Wii.
    Beak-1996, Toad-1998, and Q-1998
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  13. 05-22-2008, 07:47 PM #13
    Jskell911
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    My DS did the same thing with buying his Wii. It is such a wonderful experience to watch them go through this epiphany, isn't it? Tell your DS great job and we are all so proud of him!
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