Tuesday, 29 Apr 2008
I recently read The Number by Lee Eisenberg. In it, he defines four different types when it comes to retirement planning – the procrastinator, the plucker, the plotter and the prober. (Click here for definitions.)
Personally, I think I fall somewhere between plotter and prober. I’m definitely a number-cruncher. I get a great deal of enjoyment (maybe TOO much – LOL) from creating spreadsheets and planning my path to my own “number”. However, I have defined what I want retirement to look like and I think I have a pretty balanced lifestyle in terms of living for today vs saving for tomorrow.
I suspect a large part of the population falls into the two first two categories – procrastinator or plucker, which can prove troublesome. I can’t imagine how it feels to wake up one day at age 50 or 60 and realize I have no idea on how to retire.
So which type are you and if you’re one of the first two types, what are you going to do about it?
October 7th, 2008 at 3:10 PM
I have to agree with you – if she’s already had a car repo’d, she’s got no business getting another one with YOUR money.
I once had to sell a car to a friend that wanted me to cosign a car loan for them. He actually paid me back for the car, but there’s NO WAY I’m co-signing for something with someone I’m not married to!
If you had a spare car lying around (I know, that’s hardly likely), you’re better off giving her the car than loaning her the money.
November 4th, 2008 at 7:32 PM
You made the right choice.