Three reasons not to simplify your financial life

January seems to beg for fresh starts, organizing binges and articles about simplifying your life. In some ways, though, a little complexity is a good thing.

Of course, paring and consolidating your financial accounts, for example, can help you better track your money. You may find it easier to coordinate your investments, save on account fees and spot fraud.

But there are times when less is not more. In my latest for Reuters, three reasons why you may not want to take simplification too far.

In my latest for DailyWorth, a look at seven smart ways to save for retirement.

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