Ha! Now I am no financial wizard my friend, but two things I know and practice!
If you cannot afford it. Don't buy it. And when you buy it get the biggest discount you can for cash Lol.
The second is to have no debts. Even if you have to sacrifice, avoid debt at all costs!
And the third one is to put some money away every month.
Great of you to lead that young girl and she sounds willing to learn. She is lucky to have you around and who knows, maybe she can become a good leader?
We all had to start somewhere.
Blessings!
Can I add another?
Spend less than you earn.
She's a good girl, young and very naive but she'll get there eventually if she works hard and educates herself. I try to guide her, and others a little, offer support.
Thanks for commenting sir, much appreciated.
I like your humbleness and I think that you will be a great influence in the lives of those that you help.
Spend Less than you earn.
This is a given, else no money can be put aside every month.
A pleasure to communicate with you sir.
Blessings!