Good morning, Team! It’s Friday!
I’m rushing through the airport today and I see a middle aged woman wearing a shirt that says “Keep it simple”…
(I guess T-shirts are the new bumper sticker.) People desiring to impart wisdom, that is … assuming you, the audience, are paying attention or if you really give a hoot.
Being the contrarian I have been known to be, I wondered how practical that is (to keep it simple), even understanding the aspirational nature of the sentiment.
I can’t think of much of life (the “it” in the request) allows us to keep simple.
•Money – nope, have you figured out how much is the right amount to: save, spend, make, leverage, invest, contribute to charitable organizations? What about forms of payment? Gift cards for Christmas, Bitcoin, currency exchange…remember when you could spend your Canadian coins at the grocery store? Now my BANK won’t even maintain a counter for my domestic change! I guess I’m supposed to melt it down or put it in a big clear jug for my kids to deal with.
When an investment advisor refers to how they allocate your investments, they suggest “diversifying your portfolio”. Honestly, this is probably good advice for every aspect of our busy, complicated lives today.
•Home ownership – nope, the already decade old mortgage crisis took care of that. Obvious investment choice no more. Who wants a big home when they retire? Now it’s more like to buy or not to buy. Enter “Air b n b” to complicate further. Then there’s sub lease, rent out, tiny houses to build (maybe on a vacation property?), on the other end there is the competition for the $100 million mansions in Southern California. Google it. We’ve now entered into the era of assisted living rather than the 4 bedroom straight to nursing home scenario. Hardly simple.
•Vehicle ownership – nope, if you can get around with shared ride service, bicycle, walk, etc, you can save yourself time, headache, space, and probably money. The very likely answer is you have multiple forms at your ready disposal and you use several of them for a variety of reasons to gain maximum optimization. For instance, I own a motorcycle but it has limited viability in a four season zip code. I love it and ride it almost exclusively for pleasure the 4 or 5 months a year but it’s not my work horse.
Perhaps a little adjustment in our approach is all that is required.
*Instead of home ownership, we need to consider this as taking up multiple forms of residency. Where do you go to stay out of the elements? How many forms at what point and each stage of life…
I travel a lot so within the last year so far it’s been multiple hotels, several resorts, a time share, a motor lodge, family member house, family member apartment, and our house.
*Instead of “our car”, which is deeply personal and often referred to as an expression of our personality, maybe we just look at transportation. Getting from where you are to where you want to be (most often) in the simplest and most efficient manner possible. Within the past 12 months, I’ve used snowmobile,
bicycle, motorcycle, golf cart, personal car, rental cars, Uber, rental pickup, limos, light rail, train, boat, planes-charter and commercial, walking/running, crutches, and wheelchair. Again, not simple.
*Instead of money…think value. Are you a giver or taker? Money is a trap. It’s necessary to maintain order, I get that. Keep score? Maybe. What are you doing to give back, add more than you take? If you place importance on the size of your financial portfolio, you’ve missed the point. Focus on your contribution.
Pardon the extensive musing. I just don’t think any of this is meant to be “simple”. We can choose to ignore the things around us and keep it simple but it’s probably not the best, smartest, cheapest, easiest or most practical.
I’d prefer,
“Open your eyes to possibility, own your journey, place limits on your existence at your own risk and don’t take advice from a T-shirt.”
Have a blessed weekend!