West Loop Financial LLC‘The One-Page Financial Plan’ — Simple, But Not Simplistic – West Loop Financial LLC https://www.westloopfinancial.com Evolutionize Site Wed, 19 Aug 2020 20:50:49 +0000 en-US hourly 1 https://wordpress.org/?v=5.1.22 ‘The One-Page Financial Plan’ — Simple, But Not Simplistic https://www.westloopfinancial.com/2015/04/27/one-page-financial-plan-simple-not-simplistic/ https://www.westloopfinancial.com/2015/04/27/one-page-financial-plan-simple-not-simplistic/#respond Mon, 27 Apr 2015 09:00:06 +0000 http://evolvemypractice.com/?p=1860 Simple is hot, even fashionable. But in many cases, it’s for all the wrong reasons. Simple is easier to pitch, explain and sell, and therefore also easier to receive, understand and buy. But when simple devolves into simplistic, becoming a one-dimensional end instead of a user-friendly means, it’s no longer an advantage and may actually...

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]]> Simple is hot, even fashionable. But in many cases, it’s for all the wrong reasons. Simple is easier to pitch, explain and sell, and therefore also easier to receive, understand and buy. But when simple devolves into simplistic, becoming a one-dimensional end instead of a user-friendly means, it’s no longer an advantage and may actually be doing damage. Not everything can be turned into a tagline, a rule of thumb or a short cut.

Therefore, when my colleague and New York Times contributor Carl Richards first asked me a couple years ago to think about what a financial plan might look like if it was constrained to a single page, I was skeptical. After all, I’d dedicated my life and work to helping people, primarily in their dealings with money, wholly through the written and spoken word. The fullness of that education seemed impossible to responsibly confine to a single page. Then I read Carl’s new book, The One-Page Financial Plan.

Read the rest of the article on Forbes.

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