I remember a few years ago, I had the opportunity to purchase some land.
It was about 22 acres of farmland with some drainage creeks through it, but it sounded like a good deal.
I wanted to do this deal. The thought of becoming a land owner was really appealing to me. After all, God stopped making land a long time ago. Plus, it would be really cool to say, “I’m a land owner.” and “I am an owner of land.”
I approached my wife about buying this land. Oh, man! If you are a married man, LEARN this lesson – ALWAYS seek your wife’s input on decisions!
She asked a really tough question, “Where are you going to get the money to buy it?”
I told her that I wanted to borrow the money. I showed her how we could turn this into a pretty profitable investment.
The problem? My assumptions were all wrong. What I thought could do with this land, I could not. As we went through the numbers and as Jenn asked more questions, it became very clear that this would be a major negative financial event in the lives of Joe and Jenn.
I was just a few days away from making a bad decision, but I was able to avoid it by getting Jenn involved and putting the facts on paper.
What decision do you need to get your spouse involved in today?