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The Process is Not Necessarily the Solution

I do enjoy PostSecret because so many of the “secrets” resonate in some fashion or another with me, and one this week did hit home:

Process is not necessarily a solution

It’s intriguing to consider individuals so dedicated to crafting “To Do” lists that it becomes their primary focus. However, the implications for financial planning must be contemplated.

If you dutifully collect data about your Financial Life using whatever tools you have available but never really examine the data, you are only collecting receipts!

I have Quicken Data from 1999, but I don’t regularly run the Spending Reports to see where my money is going—not very often. It might be better to review them more frequently to gain better insights into my finances.

Sometimes the Journey is more important than the Destination, but if if you catch yourself obsessing about how you collect your financial data, and the importance of collating the data, without worrying about why you are doing it, you might be on a Fool’s Journey.

Canajun Finances Home » The Process is Not Necessarily the Solution

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  1. I see the above list follows the two most important rules:
    always put something you’ve already done as the first item on the list
    always put something very easy that you’re definitely going to do as the second thing on the list
    It’s much more satisfying when you can check things off quickly

    I think most of us know what we need to do with our finances months or even years before we actually get motivated and do it…..which reminds me, I really should move that $2000 out of my Canada RSP one of these days……

  2. I use lists too. It keeps me organized and focused. I try to not let information keep me from doing things. Too much data can be worthless.

  3. Flashback to my old Nortel days…….

    Activity is not a measure of success. These days I am obsessed with the 80/20 rule, and trying to do most things within the first 20%. The rest is noise….

    Good post, got me thinking…..

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