The longer you keep the junk in your trunk, the more it costs to dump it.
I’m in the final stages of a major construction project. As we wrapped up work inside, trash began piling up quickly. Earlier this week, I tossed a load of cardboard and debris into the back of my truck, planning to take it to the landfill. But I put it off. In the meantime, sunny skies turned into days of heavy rain across East Tennessee.
Since the landfill charges by the pound, that cardboard soaked up water like a sponge and suddenly my procrastination was about to cost me.
The kicker? It was completely avoidable.
There’s a clear financial lesson here. When we meet new clients, we often spend time sorting through what I call financial clutter – those lingering items that have been set aside to deal with “later.” Maybe it’s an old IRA you meant to roll over three years ago. Or an outdated insurance policy that needs to be updated or maybe canceled altogether. I bet you can think of your own version of this.
The clutter itself isn’t the real problem. It’s a symptom of something more costly: procrastination and inattention.
On my project, I knew I wasn’t an expert. Acting as my own contractor, I paid close attention to details because the cost of mistimed deliveries or mismanaged subcontractors could have been huge. I leaned on experienced professionals – electricians, plumbers, and carpenters – many of whom I knew through my local church. Their expertise and advice helped me keep the project on track, from the early phases to the final finishing touches.
That same principle applies to your finances. At LeConte, our advisers specialize in handling the details that can weigh you down or cost you more if left unattended. Before procrastination adds unnecessary weight to your financial life and extracts a costly price from your financial position, let us help clear the clutter and align everything with your goals and purpose.
