Friday, February 24, 2006

Money Styles - Spender or Saver

Hi:

When we think about how we gather our assets to retire, it's interesting to consider spending styles.

Many theories about psychological money styles ask interesting questions.

One simple exercise is to determine if you are psychologically prone to spend or to save. If those two styles were placed at either end of a long line, where would you sit?

The answer will have impacts on your money available for retirement and also in your ability to enjoy that money.

It is also very interesting to figure out your partner's style. If you have diametrically opposite styles, you may have had a troubled money relationship. That is, unless you have so much mondy you don't have to worry about it. If only!

M.

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