The First Car – Can certainly make money Got it and What it Does For Me


All the talk about the funds for the clunkers program made me think of my first car. Young man things have certainly altered and not just with respect to buying autos.

My father made a deal when camping that he would match whichever I could come up with to buy this first car. From this time period, I earned the initial nickel I was saving. My allowance, back in days gone by, was two bits (twenty-five cents) a week.

My spouse and I grew up on a ranch next to a small no more town referred to as Ventura. Ventura is about 25 miles south of Christmas\ and Barbara and sixty miles north of Los Facets on the California coast. Just the area was mostly lawn. Today all that beautiful, prosperous soil has been paved up to sprout houses. The state was and still is as alongside perfect as you could get and it would seem people prefer melanomas for you to melons.

I earned several of my money picking a single crop or another. The bounty-picking memory that supports in my head involved walnuts. When I was about eight a school chum offered us a “get rich quick” structure, or so I thought. Her household owned walnut orchards plus it was harvest time. The girl told me we could earn 5 dollars for every bag associated with walnuts we picked. Within the early sixties, five dollars was big money. I thought I ought to be able to get a minimum of a couple of bags in a day. 10 or fifteen dollars for any day’s wages, that was simply too good to be correct. Of course, I knew nothing about picking walnuts, my family was at citrus and avocadoes.

We certainly learned about picking walnuts that day. The walnuts were shaken out of the woods onto the ground so they needed to be picked up. A good number of the nut products hadn’t shed their external shell so those needed to be shucked. There is something in all those outer skins that stains your hands a ghastly yellow-colored. And, those bags had been really big. By the end of our own backbreaking day, my friend and I also had managed to fill 1 bag between us. Our own fingers looked like we had already been smokers for at least a hundred many years! Not surprisingly, that was my very first and last stint as a walnut picker.

At 60 my grandmother passed away. The girl left me 100 shares associated with AT&T. Unlike today, in those times companies paid dividends along with management answered to them. Currently, shareholders take all the chance and the executives pay themselves lavish salaries instead of rewards. One hundred shares of commodity don’t seem like much right now but back then those give paid me $240 per annum in dividends. That was enormous for a kid my era. Unlike today, back then, investors were rewarded. I had never listened to the word compounding” but the element I did. It just seemed like typically the smart thing to do.

By the time I used to be seventeen I had saved up $1, 300 dollars and I recognized exactly what I wanted. From the time period, I was a very little girl My spouse and I loved horses and ended up riding one as soon as I used to be allowed. Originally, I thought Required a pickup to bring my tack in. Then again I discovered the Chevrolet El siguiente Camino. It was love instantly. The best of both planets, it was a car with a sleep. Perfect! Now that was sleep for hauling equipment least you get the wrong idea.

I think my dad was somewhat dismayed when I announced I had saved up $1, 300 and was willing to buy my new auto. Now, he had to pay out his share. You probably believe $1, 300 is no big deal but you would be wrong. In the current dollars, it’s probably a lot more like $10, 000.

I’ll always remember the evening my father stated, “Let’s go see with that car”. I was so thrilled. We headed off straight down Telegraph Road to Fillmore and William L. “Chappy” Morris Chevrolet. The car dealership still exists today however Chappy is no longer with us.

Strolling into the lit-up display room was exciting in itself. However to be there to pick out the new car, well which was beyond the beyond. When I state, “pick out” I avoid mean wander around a massive lot looking for a needle within a haystack. I mean looking at the catalog and choosing the color, the seat covers, the actual carpet, the engine, the actual transmission, and other options. Common Motors took that purchase and made that car only for me, just the way I needed it and it cost simply $2, 600.

When you listen to people talking about how each of our standards of living has gone down a whole lot in the last forty years I think this kind of story really illustrates what exactly they are talking about. For $2, 1000 GM promised me typically the moon and they delivered. My spouse and I don’t think there is an equivalent that you can buy. But if there were a similar car/truck you’d most likely pay eight times as much and have to adopt what was on the lot.

My dad could have easily just granted me the car but they always insisted that the children work for what they acquired. This was not a bad thing. My spouse and I learned self-reliance. Self-reliance is the same as freedom. I never assumed I had to depend on men for my survival as a general rule women of my age did. It simply never struck me I couldn’t provide for myself personally. Most women were trained to consider they had to have a provider. Seeing that I think about it I need to always be thanking my father for being this sort of “jerk”.

Back in the sixties men and women saved to buy what they wished. We didn’t take issues for granted and we really treasured what we got. It seems, due to Madison Avenue, in the last two decades people have gone berserk using credit. They have bought every little thing they wanted when they wished for it without having earned the idea. Now General Motors is actually bankrupt and people have become captive to their creditors. It truly is to be able to believe this has happened. A really wonderful time in America offers slipped away only to become remembered by old fogies like me. Read also: