How to avoid auto attachment.

I recently read a story about a young father and entrepreneur.

Things started going well with his business. His income seemed to only be going up. So, he took out a loan to buy a Nissan GT-R.

He and his son loved to drive that sports car. It was the biggest little toy a kid, or a grown man, could ask for. They’d take it out, turn on all the bells and whistles, and zip around going over 100 miles per hour.

Things inevitably took a turn for the worst in his business and that dad decided he needed to sell the car to keep things afloat.

His son cried. The dad still misses the car. A lot of emotions were wrapped up in this four wheeled package.

Reflecting on the story the dad laments that kids shouldn’t have to worry about their dad’s businesses staying financially solvent.

True!

Ideally kids have some financial security and don’t need to worry about money.

But you know what they don’t need?

Sports cars.

I don’t mean to judge this dad. I think he learned a valuable lesson. The point of his story is it lit a fire under him to fix his business and personal life. So, good came out of this material attachment.

I just can’t help but think that it would be better to never have given your young son the chance to grow so attached to such a big unnecessary toy.

Kids need stability more than luxury.

They need a father to be an examples of forgoing excess to provide security.

It’s not glamorous but avoiding debt and living well within your means is the simplest most assured way to do just that.

If you have a need for speed, start small.