Monday 17 May 2021


 There's a great car personality called Ed Bolian. I've read one of his books, but he also tells great stories on Youtube. He talks about buying a wrecked Lamborghini from a prostitute. He offered her $30,000 but she was holding out for $75,000. Ed says that "Kimmy was a shrewd negotiator, so we ended up slap bang in the middle at $30,000".

Last week I negotiated my new salary and I was even less shrewd than Kimmy. I didn't know my current salary so I started out by demanding a small pay cut in exchange for a load of extra responsibilities and expectations. I'm glad to say that my boss was honest and generous and the negotiation was postponed until we both understood what I was getting paid. I'm less proud to say that the Financial Director had to explain my payslip to me and that "Gross" doesn't mean what I though it meant - if you make voluntary contributions into a pension.

Richard "Proper Preparation" B

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