When Adam graduated from 5th grade Mandy and I put $200 in a savings account that would be the beginning of his car fund. We explained to him that when he turned 16 and was ready to purchase a car, we would match whatever he had to spend. I had heard Dave Ramsey once share that he did this with his kids, and I thought it was a great idea.
Over the last few years he has done a great job saving his money. He has developed a good work ethic, and started his own lawncare business two summers ago. We’re very proud of him. So a couple of months ago he started researching for a car to buy this coming summer.
A couple of weeks ago my Dad called to say that he was going to sell his 2005 Toyota 4Runner, and he wondered if Adam wanted to buy it. My immediate reaction was, “Yes!”, but I of course wanted Adam to make the decision. I didn’t want him deprived of the experience of shopping for his first car. He said he’d like to take a look at it, and so Pa Max drove it over for him to take a look.
I thought he liked it, but I told Pa Max that we would talk and let him know. About 20 minutes after being back in the house, Adam walked into the kitchen where Mandy and I were talking, and asked, “When am I getting my car?” I guess he had made his decision!
Today we made things official. Though he still has four months until he can get his license, he’s very excited.
He gave Micah a tour of it today. Micah is proud of his big brother!