October 22, 2012
Dr. Claude Toland
A time in my life in which I had to make a personal decision was when I purchased my first home. It was a hard decision to make because I was single with four children and only one income. I have worked at my job for a year and a half and have recently gotten a raise. I was getting tired of renting and wanted a place of my own for my children. There were several steps that I knew I had to do in order to purchase my home. The first step was to identify the problem (Bateman & Snell, 2011). This was an important step that I had to make. I was renting my home when I could be buying one instead. I needed a bigger home for my children. I also had to estimate all my finances. The second and third steps of (Bateman & Snell, 2011) did not meet any of my needs for this decision. The fourth step was making the choice (Bateman & Snell, 2011). I decided to get a three bedroom double-wide with two bathrooms. This would give us enough room and it also was affordable for me to handle on my income. I found a lot to rent that had water included which worked out better for me. The fifth step I implemented the decision (Bateman & Snell, 2011) to purchase with a lender that I was able to afford on my income. I had also found home insurance that was reasonable. Finally, the sixth step was evaluating the decision (Bateman & Snell, 2011). After looking back, I saw that I had made a good decision. I love my new home. It is bigger and there is more room for my children. I was unsure at first about buying a new home. I was worried about not being able to do it on one income. My plan was similar to the decision-making process that was described in our text (Bateman & Snell, 2011). I was able to go step by step in planning the purchase of my home. It let me look at all the options that I had available and helped me be able to decide carefully on my purchase. If...
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