YOU HAVE OPTIONS
- Treavor Dodsworth CFP®, CPA, CKA®
- Apr 18
- 1 min read
Usually by early morning, I could walk you through what exactly I am going to do that day and when - or so I think. Almost always, something goes awry and the plan has to be adjusted.
Sometimes once something is on my list to accomplish I turn it from something I want to accomplish that day to something I have to do that day. That shift from "want to" to "have to" is dangerous.
I oftentimes make that shift with tasks that impact my time- I "have to" to do this and then this and then this- but we can sometimes make that shift with financial decisions as well. We turn items we want to purchase into something we have to purchase when really we typically don't have to purchase anything. There is almost always more options than you think.
Let's go through an example- when it rains water flows off our pole barn and under the doors into our barn. It sits on the concrete floor against some of the support pieces. I have determined I "have to" put gutters on the barn but really I don't. Below are several additional options:
Do nothing.
Improve the door seals.
Slant the concrete better so water flows away from the barn.
Only put gutters on part of the barn.
Tear down the barn.
Move.
The options are almost always going to be greater then you initially realize. While in this case, I plan to go ahead with gutters on the barn, if you convince yourself that XYZ is your only option, you may miss out on something that could fix your problem for lower cost.