Hi Heather,

Once again I am delighted at the thoughtfulness of the comments my readers have. Thank you for sharing your experience and your sons experience with the Baby steps.

As I read your comment, I’m reminded of a dilemma I’ve been facing as someone who is constructing a personal finance course. The tug of war between “simplicity” and “efficiency”.

Dave’s program is very simple and that means a very large group of people can understand and follow it.

As I point out in the article I don’t think his advice is “efficient” or optimal. But one thing I will never deny Dave is his ability to get people to change their behaviour, which is the most important aspect of turning your finances around.

the simplicity-efficiency dilemma is one I will continue to think through as I believe the right balance is critical.

Thanks again for the lovely discussion.

Ben

Sharing personal finance lessons I’ve learned on my journey from debt to Financial Independence. Join my weekly newsletter: http://bit.ly/3oQESwh

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