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  • Writer's picture Treavor Dodsworth CFP®, CPA, CKA®

#125 - Simplicity


Occasionally when I am thinking about what to write, I ask myself, “What is something that I need to hear right now?” This would be one of those posts.

Sometimes simplicity is best. Sometimes less is more.

For whatever reason, during this time of year, both my wife and I get really antsy. I am used to having quite a bit going on between work, church, and other life engagements. At the start of the year, everything slows down for me for about four weeks.

I sometimes add complexity during this time. For example, from a financial perspective, we tried to buy an investment property (we didn’t end up buying due to some home issues). For those of you who own a home, you know the home buying process is particularly time-consuming (especially if you are taking out a mortgage). Even though we didn’t purchase this home the overall process still added quite a bit of complexity to my life while we were pursuing it.

There is the possibility adding complexity to your financial picture will increase your overall bottom line but still not make sense to pursue. What I sometimes fail to consider is the opportunity cost that is lost in time, mental energy, etc. That time and mental energy shouldn’t be discounted.

This post is simply a reminder to remember that while complexity is not always bad sometimes simplicity is best even if it means you have less. There is an opportunity cost to complexity in lost time and mental energy.


Interesting Article(s) or Video(s)

  • At least part of my uneasiness during this time of the year has to do with what Jeremy discusses in this article. The false underlying idea to always be pushing.


Thank you for reading!


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