Think About it Overnight, Dear
After Grandpa Troutman died, Grandma had to provide for three children alone. However, she managed to balance the books with careful management and a simple financial policy that has passed down through the generations, thinking about big purchases overnight.
I remember the first time my mother repeated this bit of wisdom to me. I was about to buy my first car. The dealer told me this was the best offer I was going to get and I had to buy it right then. I was sure that if I thought about it overnight, I would lose the car, but there were other cars and other dealerships, so I agreed to follow her advice. Bright and early the next morning, the dealer called to offer me the same price he offered the day before with lower financing. Ever since then, I think about major purchases overnight.
The other day, my sister’s husband decided to buy her a car for her birthday. Of course, before they signed the paperwork, my sister wanted to think about it overnight and the next day they shopped around a bit more. Although she didn’t get to drive out of the dealership in her shiny new car on her birthday, my sister saved four thousand dollars when she got her car at another dealership the next day.
