I've dreamed about this car since I was about 10. The
Happily, I can afford to buy this car today - but with the age and expensive parts I'm afraid I can't afford the maintenance. So, I’ve decided that I need 2 cars. That way, if the 911 needs work it can just sit and wait until I can gather the $$ needed and I’ll still have my truck to get me to work without a crisis and for hauling the kayak, etc.
Clearly, 2 cars is a luxury (and could be a mistake). So, to help assure that I am not being foolish I’ve decided that I can only buy one if I have 100% cash. And, I’m not allowed to divert any monies that I’ve already committed to my 401K and saving for a house.
Today I’ve started a Porsche specific savings account and happily deposited 5 percent of what I estimate the car will cost. I’ll report on my progress as I’m sure this figure will ebb and flow along with the demands of my real life.
I’m excited about the prospect of owning my dream car and equally curious to find out if when I have 100% of the money in hand will this still be my greatest material desire.
Wednesday, January 24, 2007
Dreaming vs. Planning
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2 comments:
How fun to saven for that. Hope you get there!
Awesome! We should all have one of these accounts. I will eventually start one for a restored '67 Camaro.
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