Remember to KISS
Every once in awhile my husband will yell out KISS, and he’s not looking for a smooch. Whether talking to himself, sharing the sentiment with one of our two daughters or directing the message to me – he’s referring to the acronym: Keep It Simple, Stupid.
Although I’m not a fan of the term ‘stupid’ the acronym is a good motto to remember for many things in life – including our finances.
First, a bit on the origins of the KISS principle. Coined by the US Navy in the 60s and the idea behind it was that most processes or systems work best when kept simple. A similar sentiment is Leonardo da Vinci’s quote of “Simplicity is the ultimate sophistication.” The KISS principle remains true with design engineers in the U.S. military and in the field of software development today – simplicity should be a key goal in design, and unnecessary complexity should be avoided.
I started thinking about KISS when it comes to some of the endeavors we take on – namely when taking on something new or when dealing with multiple dimensions of one area. Sometimes it’s easy to take on more than we’re capable of doing when we’re excited about something. The result is going overboard rather than laying out a smart plan with the right partner.
Imagine you just finished watching a YouTube video about the benefits of strength training. You think to yourself – that is something I’m going to start – so you start planning – alone. You join a gym, buy new workout clothes, and buy a case of protein shakes from Costco. You research the best exercises for your age, body type and goals. By the time you make it to the gym, you’re simply overwhelmed with all the research and can’t start and stick to a routine – despite your great intentions. Plus, you cringe at thinking about all the money you’ve already spent ahead of making any changes.
For many things in life, a simpler, small solution may be better than a complex one because simple solutions are easier to maintain and help reach your goals.
Financially, simple solutions aren’t always as, well, simple. Nor are they easy to navigate. If you think about it, numbers are everywhere and infused in all aspects of our lives. A short list of examples could include managing investments, planning for retirement, paying for college and figuring out how to buy a vacation home – and that’s not even mentioning your monthly budget. Sometimes there are just too many financial components to manage and that’s why we’re here as your financial planning partner.
We look at all the aspects of your financial life and make a plan to help maximize your potential for achieving life’s goals. When working with us, it’s not just about the information we share, it’s about having a partner to navigate life’s twists and turn. Specifically, we’ll
- Create a comprehensive financial plan and help keep you accountable to achieve your goals and dreams.
- Coordinate details regarding cash flow, tax strategy and estate planning.
- Stay up-to-date on tax law and economic changes to ensure you’re maximizing opportunities and keep you heading in the right direction.
This is all on top of acting as a sounding board and providing counsel and advice on a variety of life issues. And maybe the best part, we’ll create a plan that is customized to you, keeping it simple and attainable. You’re not alone, reach out and connect anytime. That’s what we’re here for.
Written By Rachel Gorretta