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The Retirement Newsletter: Don’t do as I do, do as I say
Welcome
Welcome to issue number 183 (36).
This week, I reveal that I cannot follow my own advice.
So, what have I done?
My advice
In issue 177 (30) — Moving from saving to spending — I discussed how we need to move from a saving to a spending mentality in our retirement, and I said:
“I am not suggesting that I go mad and splurge on big-ticket items such as boats and cars (all of which have hidden recurring expenses). ”
And what have I done?
What have I done?
Well, I went and bought a narrowboat. So much for:
“I am not suggesting that I go mad and splurge on big-ticket items such as boats”
I bought a 57 foot (17.4 metre) long, 6 foot 10 inch (2 metre) wide boat. (If you are unfamiliar with narrowboats, they originated on canals in the UK. They were designed to move cargo around the purpose-built canals. These canals tended to be narrow, hence narrowboats.) You can see how it’s all going over at my YouTube Channel and a video about taking ownership: The Adventure…
