Maruel Queenneth Jean M.

Miel

January

9,

2015
FINANCE 33

BE

308
Prof. Cedric Ian Carlo Petalorin

2:30-3:30

Dream House and Dream Car

I, myself have dream house and dream car. Im always dreaming of owning
my own house and a car. Every time Im imagining having those will also make me
think of how I could have those expensive things. Imagining how expensive they are
to have given me an idea that I should have a better and stable job so that I can
save enough money to buy those things. Owning those things is a very easy
decision to make but difficult to achieve. Because we should be financially capable
before and after owning a house and a car.
For me, I should first save money enough of buying those expensive things
than having those while paying installments. Because I dont want to own things that
can be taken away from me after several months or year because of not paying the
full amount.
For me, there several steps that I should follow so that I can have my dream
house and dream car.
1. Have a better and stable job.

I should make sure first that I have a better and stable job with an
appropriate salary. Because if I could not have a better and stable job how
can I save money to have those expensive things.
2. Start saving money.
Start saving money even if Im new in that job. A little amount of
savings as a start are better than not to save. Because after several months I
can increase the amount of my savings.
3. Decide how long you need to save money before buying your dream house
and dream car.
I should decide if how long I will save for the house and the car.
Because it is not a lifetime to save before having those things. For me, maybe
5-10 years is enough.
4. Know how much I can spent on buying your dream house and dream car.
I should know how much I will spent in buying my desired house and
car so that I will know how much I should save for it.
5. Give a portion of your saving to your dream house and dream car.
After knowing the amount to be save, give the portion of that amount
for the car until that such amount meet the needed cash for the dream house
and car.
6. Buy the dream house and dream car.
If the savings is enough, buy the dream house and car so that I can
save again for other things I want to buy.

These are the steps that I will follow so that I can have my dream house and
car. But I know that there are many things to be consider and I know that it is really
difficult owning such things.