I had an interesting discussion with a care provider today regarding new protocols. I asked for an explanation at to”the why” behind the change from traditionally accepted care. Her response was “we have new protocols in place to improve care”. She politely responded to my questions but had no evidence to support how the new protocols have improved care or outcomes. She understood how to carry out the protocols and algorithms very well but struggled with the ability to explain why those protocols were even put into practice. That is becoming the norm. Here is an algorithm or protocol or box to check. If you do those things you are participating in “best practice” and should feel confident in that process. As I was leaving work I encountered 41 posted protocols, guidelines, recommendations, etc. I counted 12 steps. 41 approximately 8×10 posted papers of processes I should be following in 12 steps. Are you kidding me? I have an advanced degree and over 30 years of experience and can find no way to keep up with the new posted papers and protocols. For every development team that is creating an easy to follow guideline or algorithm there are thousands of people trying to make decisions as to the best way to proceed for thousands of other people. We spend so much time trying to account for every possibility that we end up with a very confusing dysfunctional process. Investing should not be a complicated difficult protocoled milieu of information. Following simple proven actions will lead to great results. Adhere to the core investing principles you have been taught and do the simple things consistently. More importantly strive to understand why you are adhering to those principles.
Mom$ Money
New book on its way!!! Build wealth for you and your family. Learn to invest wisely with your children. Gain financial strength and freedom through increased knowledge. You are not “just a mom” . You are not “just a … anything”. Having control and autonomy with your financial condition is an incredibly freeing feeling. Overcome your fears by increasing your knowledge and making good choices to gain freedom and flexibility. You can do this!!!
Wealth Instincts 