Today’s post on the real costs of poor planning comes from Mr. Apathy Ends. When you get a chance, check out the great articles he is writing on his blog or follow him on Twitter @Apathy_Ends.

“By failing to prepare, you are preparing to fail.”

―Benjamin Franklin

Last month, we were having a few consistent quality issues at work. While mistakes do happen – repetitive simple mistakes do not go unnoticed at most companies. After a few discussions my boss gave me a book called 
The Checklist Manifesto. The author is a renowned surgeon named Atul Gawande, and the book focuses on using simple checklists to avoid mistakes:

“We have accumulated stupendous know-how….. Nonetheless, that know-how is often unmanageable. Avoidable failures are common and persistent, not to mention demoralizing and frustrating, across many fields-from medicine to finance, business to government. And the reason is increasingly evident: the volume and complexity of what we know has exceeded our individual ability to deliver its benefits correctly, safely, or reliably”
The Checklist Manifesto – Atul Gawande

I think my favorite example in the book is about a hospital that had incredibly high infection rates for a common procedure. Before implementing a simple checklist in their operating rooms, their rate was higher than 75% of the hospitals in the nation. After 3 months, the infection rate was down 66% and outperforming 90% of the hospitals in the nation.

Our lives are incredibly complex, juggling full time jobs, bills, family, friends, kids, pets and maybe even a side hustle to make some extra cash. The same way surgeons know certain techniques can prevent infection, you know last minute purchases can cost more money. Unfortunately, both things still happen.

Poor planning has cost us thousands over the years, if not tens of thousands, a few examples that come to mind:

Out of town wedding – forgot pants – Nothing like having to buy a new pair of dress pants because you failed to pack yours for a wedding.

Vacations – Sunscreen is a lot cheaper at your local store than the beach resort, nothing like 250% markup!

Gifts – Anniversaries and birthday parties sneak up on you, I have paid for expedited shipping more times than I care to admit.

Late Fees – Redbox is usually a pretty good deal……it’s not a good deal if you forget to return the movie (I own a $30 copy of a crappy movie that I will never watch again).

Then there are the obvious planning misses in everyday life, which seem insignificant at the time but can add up to large sums of money. Being a Personal Finance blogger, I try to apply everything I learn to my current financial situation and if a checklist can work to keep people alive in dire surgical situations, I bet it could help me save a few dollars.

When reviewing our most recent credit card statement, I focused on costs that were a direct result of poor planning. Unsurprisingly most of them were related to food and being on the run during the summer – to try and help us, I threw a few simple checklists together.

A few checklists we are adopting


Go through this after work to prepare for the next day

  • Lunch packed
  • Coffee made – (we are cold-press drinkers)
  • Juicing vegetables prepped (we make fresh juice every morning before work)


Go through this Sunday – mostly to prepare for another week of work

  • Grocery shopping for planned meals
  • Clothes cleaned/folded (easily my least favorite thing to do)
  • Review appointments or commitments  for the week
  • Review our plans for next weekend – Do I need my fishing gear ready? 
  • Dog food – We use Amazon so we need 2 day notice


  • Review bank/Credit Card statements for inconsistencies, unknown purchases
  • Check credit score
  • Ensure all bills are paid
  • Check auto-transfers for saving/investing accounts (I have had a few of mine randomly shut off)

Most of these items are directly related to personal finance, some of them align with time management or as Matt put it – being EfficientIf I did not find a way to become more efficient, I wouldn’t have time to start blogging and connect with a ton of like minded people. For that reason alone I think it is worth using a checklist.

Take Away:

If you see repeatable financial or time wasting mistakes in your life, set up a few simple checklists to run through at scheduled intervals. You will see improvements if you can follow them and if you want more proof I highly recommend reading the entire book.

Do you use a checklist to plan or prepare for the day, week or month? Anything I missed in my checklist that could benefit everyone?

Thanks for having me today Matt!

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