Using Tools Is A High Order Skill

Humans and some animals use tools. 

Tools add power. They allow you to magnify strength and skill.

Tools accumulate our experience. They are a condensation of all the effort that has come before. They package technique and technology. One of my great-grandfathers was a carpenter. He might not understand a Sawzall at first but he would soon learn to use it.

Nail gun. Easy one. Using screws instead of nails. Again easy. Prefab beams. Laser levels and distance measurement. There is little that he used still in use.

I remember asking one of the older partners in the accounting firm how they got along without a photocopier years before. People did the work instead of machines. Much harder.

There are more tools than what you find at Home Depot.

Meditation is a tool. So is yoga or running. Financial tools are numerous. Relaxation, motivation and entertainment tools abound.

Each helps us share in the experience of those who came before.

Farm tractors are expensive

I talked to a farmer recently. He told me big tractors run roughly $1,000 per horsepower. A 300 horsepower tractor seems expensive at $300,000, but how much would 300 horses cost? Who would feed them and clean up after them? One person can operate a tractor, feed it, clean up and be home for dinner.

Pay attention to your tools.

Find if you have enough and the right ones. It is not smart to reinvent them. It is not clever to refuse to use them because of price.

Always consider the full range of costs to avoid them. Doing nothing has a cost too.

Tools are your friend if you use the right ones and use them well.

Don Shaughnessy arranges life insurance for people who understand the value of a life insured estate. He can be reached at The Protectors Group, a large insurance, employee benefits, and investment agency in Peterborough, Ontario.  In previous careers, he has been a partner in a large international public accounting firm, CEO of a software start-up, a partner in an energy management system importer, and briefly in the restaurant business.

Please be in touch if I can help you.  don@moneyfyi.com  866-285-7772

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