The 3-Question Test for Any Major Purchase

Makeda walks through the exact decision-making framework she used when her car died and she needed to replace it fast. This matters for service business owners because the same three-question test she uses for personal purchases applies directly to business investments: software, team hires, office space, or equipment.

In this episode:

• Why Makeda financed a brand-new Chevy Silverado with an 84-month loan despite owning a mortgage-free homestead, and how she determined it was a strategic debt decision rather than an emotional purchase
• The three non-negotiable requirements framework: how to separate actual needs from assumed categories when evaluating any major purchase, whether personal or business
• How a $8,000 repair bill on a car worth $6,500 became data instead of disaster, and why action reveals truth faster than research alone
• The math that showed a full-size truck cost less than a minivan while delivering more capacity, and how end-of-year incentives, veteran discounts, and inventory timing created the opportunity
• Why the same vehicle would have been a splurge before launching Seed & Society but became business infrastructure after, including content creation, speaking engagements, and potential revenue from equipment rental or hauling services
• The strategic debt decision tree: when to pay cash versus finance, how to negotiate no prepayment penalties, and why an 84-month term with a two-year payoff plan can make sense

Who this is for: Service business owners who need a repeatable framework for evaluating major purchases and want to understand when financing makes more strategic sense than paying cash.

Take the free AI Employee Report: eleven questions, about three minutes, and it names where your business is leaking money, time, or options, plus your first move. Take it at audit.seedandsociety.com/?src=podcast

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