Planning Works Because ….

There is an immense difference between a vague image and a 4k hi-def version. Vagueness permits confusion, even causes it. The interpretation of the image could lead almost anywhere. A clear picture permits purposeful action and a way to tell if it s working.

Dr. Benjamin Hardy has a new book coming in June 2022.

Be Your Future Self Now: The Science of Intentional Transformation

From the pre-release information it address this point and it applies to all of life, not just financial things.

Here is the image that makes the point.

How much action should you take based on the left image? Probably not a lot. Is that dark space in the middle a road or a river? You can act more accurately and sooner if you know the terrain details.

Planning and imagining lead you to where you want to be and they can help you see the obstacles. You are much more likely to achieve what you want if you understand some questions, the what do I want, who’s involved, when do I need it, where will I be, and what opportunities and obstacles does that present, why do I want it, why do I not want other conflicting things, and what do I have or will I have to get it with.

You can have several what do I want answers, and likely do. That forces you to prioritize. That requires you to allocate resources. Decision making and follow up on those decisions becomes important. When the image is vague the follow up is impossible because the original decision was neither clear nor measurable.

The bit to take away

Give yourself a chance. Be clear on what you are trying to do so you can learn more about the situation as you proceed towards your goal. No one gets it right the first time they decide. The more clear your image though, the closer you can come.

Do you think a chef creates a complex meal without any preparation or planning? Meals are easier than life.

An image and a plan with few details can have ambiguous meaning. Ambiguity reduces the chances of success.


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I build strategic, fact-based estate and income plans. The plans identify alternate ways to achieve spending and estate distribution goals. In the past, I have been a planner with a large insurance, employee benefits, and investment agency, 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. I have appeared on more than 100 television shows on financial planning have presented to organizations as varied as the Canadian Bar Association, The Ontario Institute of Chartered Accountants, The Ontario Ministry of Agriculture and Food, and Banks – from CIBC to the Business Development Bank.

Be in touch at 705-927-4770 or by email at don@moneyfyi.com

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