It was the month of December of the year 2013; I was stressed out, depressed and at times I even felt sick. December 21st was right around the corner and I was struggling to gather the money that would keep me from living in my car or worst-case scenario, in the street. Ever since I was in grade school, I hoped that by the time I was 22 years of age, I would own the latest model car of the SLK class Mercedes Benz. I always imagined of how great that day would be, but at the same time I was concerned about how expensive that car is.
Today, I am 24 years old, and in the past two years I had owned a 2012 Mercedes Benz SLK350 roadster car. I really enjoyed owning this car, for the fact that it was sporty and luxurious looking, at the same time I come to realize that there is a price to be paid in order to own this car. Today, I realize how buying the car of my dreams has really impacted my life. About seven years ago, I got my first job and I started saving money so that I could buy myself my dream car, which has always been an SLK class Mercedes Benz.
At that time I was living with my parents, therefore, I did not have to worry about paying any bills. The only things that I had to worry about paying were, my food, and that was only if I wanted to go out and socialize, my cloth, and gas. I was saving about $400 to $450 out of my paycheck every month then, after one year of savings, I had saved a total of $5,200. I thought I had a sufficient amount of money saved up for my dream car’s down payment. I found out that it was not enough, because I did not qualify for the fact that I was young and I had no credit.
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So for the next four years I kept on saving the same amount of money every month. After the four years of saving money, I finally collected the sufficient amount of $20,000 to use as a down payment for my dream car. I had actually saved a total of $25,000, but I kept $5,000 for myself, because now I wanted to have my own apartment. After going through all this sacrifice, I finally had my own 2012 Mercedes Benz SLK350 car. I love this car for the fact that it is very sporty and very luxurious, I also love the smell of its leather seats, the sound of its powerful but smooth engine and that it is convertible too. This car made me feel alive it made me feel complete, I cannot say enough about this car. I had finally done it, I had finally accomplished my goal, and there was nothing more that I had in mind because my car fulfilled my mind. This car is so fantastic that it motivated me to go out a lot with friends; it motivated me to go out to the movies, expensive restaurants and to the beach. This meant that this car made me waste a lot of money, so much that I started running out of it.
Two months before I bought my dream car, I moved in to my own apartment. This meant that I now had to worry about paying bills along with my car payment. Having my own apartment was a necessity, because there was no more room for me in my parent’s home, my younger brothers were growing up and needed their own privacy. But, having an expensive car was not a necessity. Six months of owning my dream car, I started to realize that my car’s monthly payment was becoming an issue to me, because I also had my apartment bill, light bill, water bill and my food expenses.
I became so tight on money that I could not go out to eat with my friends anymore. I was so concerned because in order to keep on paying for my bills, I needed to get money out of my savings account in order to complete the amount needed to pay my bills. I started stressing out when I was seeing that money was coming out of my savings account, and none was going into my savings account. I knew that it was only a matter of time before all the money in my savings account ran out.
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As for any college student the usual expenses of; school, personal life, food, entertainment, and leisure activities is enough to make you broke or for most of us, in debt. It is Thursday night and the weekend is here but your wallet is full of bank receipts and there is not any cash to been found. Your friend just told you the agenda for the night which involves; dinner, pre-game, party, and then ...
I started to put in some overtime if any, at my job, just to relieve some pressure from my savings account. Therefore, I stopped liking to go to work everyday; I felt that I was only working to pay for my car. I felt that I was sacrificing my joy, my goals, my life basically, because I could not do anything that I considered to be fun anymore, and just because I had to work to maintain my sporty and luxurious car, this whole situation started making me feel depressed.
I was in this situation for the next year and a half, until finally, in the first week of December of the year 2013, the money in my savings account ran out. I needed to make a decision, a quick decision. My rent was due on December 21st and in that same month my apartment lease was about to end, I needed to renew or move out. I did not have the money to pay for my apartment, therefore, I could not renew. I did not have anywhere to go, my only options were to live in my car or worst-case scenario, in the street.
So, it became clear to me, I had to let the car of my dreams go. I finally went to the dealership and traded my Mercedes Benz SLK 2012 for a $23,000 car. I ended up staying with about $4,500 to spare and no more car payment. I kept my apartment and my problem was fixed. After this experience, I come to realize that buying the car of my dreams brought a great sense of joy and accomplishment, which by the way that feeling was only momentary as you can see by my experience, because it then brought stress and depression.
