Lots of people want to change lots of things to help improve their lives, like….
Kid’s behaviour
Health
Relationships
Work
Investing
Consequently, many different strategies will be attempted. But few will be stuck to, and the effort has made the hole a little bit bigger.
Why can’t we adhere when only things that we can commit to in the long run, are going to make any difference?
I bet you anything you like it’s because it is not convenient and simple.
I like to keep reasonably healthy and have had many failed gym memberships. Gyms, it turns out, are not convenient or simple for me.
Simple and convenient for me is walking the dog, or kids. This is what works for me (that and not having biscuits in the house).
It’s the same with money. No financial plan and investment strategy is worth a dime unless it is convenient and simple.
In 30+ years of doing this I have yet to meet anyone who has achieved that without the help of a financial planner.
Or understood the real payoff of convenience and simplicity.
Freedom to pay attention to something more worthwhile, like…..
Kid’s behaviour
Health
Relationships
Work