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One recent trend has been the increase in the size of flat screen televisions. I remember when a flat screen was selling for about $15,000. Now one can enjoy a flat screen television for as little as $174, if you choose to buy a 19 inch T.V. But we don’t choose the 19 inch do we? The flat screen is an up and coming status symbol of middle class success. When I say large, I mean 60 inches and above; televisions that can arguably take the place of a movie theater. Best Buy offers an 80 inch Sharp flat screen television for about 5,000.
Is bigger better? Do the inches you have really count? I am talking about televisions here. Do we really need to have so much T.V. in our homes? The real question is do you have the equivalent amount of funds in the bank?
If the answer is no, then we may want to check our priorities. Having a T.V. that cost $2,000 with a bank account balance of $100 shows a lack of financial planning. It may be time to take a look at our values and spending habits. A $3,000 T.V. and nothing in the bank is not a good look.
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