I have written earlier that when it comes to personal finance why simplicity is the ultimate personification. Most of the complexity in your personal finance usually creeps in very gradually. If you don’t make efforts to declutter and perform regular housekeeping, you will soon find yourself owning isolated islands of accounts. You might wake up one day and realize how in the world did you reach there. You don’t want to spend your day worrying about tracking multiple accounts or remembering the due dates of multiple credit cards you own.