Saturday, July 21, 2007

Simplicity

We sometimes like to develop complex plans as if their shear complexity somehow guarantees that we have spent the appropriate amount of time in planning to ensure success.

However the more complex the plan the more likely it is that something will go wrong. It becomes like a house of cards that crumbles at the slightest puff of wind.

Simplicity is the first foundation of a good plan. For example if our goal is to put away money for retirement, a new home, vacation or new car then the plan is simple. Spend less than we make and invest the difference.

The plan is measurable on a weekly, monthly and annual basis. If we are up to our eyebrows in debt then start by allocating a set amount per week; say $10 and pay that first, then your debts and live on the balance. This still maintains the plan as stated.

The plan stays simple no matter what level you take it to and the only thing that changes is how to implement it. Clear focus, persistence, periodic review, and adjusting to circumstances are the other foundations for successful completion of goals.

If we have a complex goal then break it down into simple manageable pieces and we will be able to monitor it and adjust it quickly as we will need to do.

Simplicity is the key.

What would you add to the list?

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7 conversations:

Random Magus said...

Simplicity really is the key but people somehow always choose complications - be it in plans or people or lifestyle.
One of my favorite authors Somerset Maugham proves simplicity is most powerful. Yet in writing often writing simply and getting the meaning is far more difficult.

Peter Haslam said...

Yes Random Magus getting to the essence or simplicity is difficult but well worth the effort

Artyfax said...

I cannot agree with you more. Simplicity has always been a target for my thinking and my art.

Complexity is a curse of the modern world and needs to be controlled

John

Peter Haslam said...

Thank you John for your addition and it is also what I strive for

Comedy + said...

I have done this very thing, and what I added was a reward each month. It wasn't much, but it was something to look forward to. It was a taste of what will be after all the debt was payed off. It kept us focused and on track while we paid off a very large amount of debt that took years to do. We have always used the KISS method in our life since then...Keep It Simple Stupid! Have a great evening Peter. :)

Peter Haslam said...

Well said Sandee. I have always liked the KISS principle. Not always successful :)

Michael said...

Learn one new thing everyday. Could be a new word, a computer hack, maybe just some trivia.

Keep on thinking about the islands.