How can I automate my finances?

Home Forums Organize Your Finances How can I automate my finances?

This topic contains 6 replies, has 7 voices, and was last updated by  regie14 3 months, 4 weeks ago.

Viewing 7 posts - 1 through 7 (of 7 total)
  • Author
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  • #619

    Jeff Rose
    Key Master

    What steps are necessary to get your finances automated?

    What are your favorite tools that you use?

    #648

    Carrie
    Key Master

    One of my favorite tools to automate my finances, is to use an online bill payment app like Pageonce. Once you link all your bills, you can pay them right from your iPhone or Android. It’s awesome – and stops all the late fees.

    Automation is definitely key to keeping my finances organized!

    #733

    Joan
    Participant

    Ahh! Now we disagree! I am a big fan of MANUAL work on my finances to pay down debt. Automatic thinking is what got me here, and focused thinking is what’s getting me out of it!

    #737

    Mike Collins
    Participant

    I’m not a huge fan of automatic bill payments. I’d rather pay them manually each month so I see them and make sure there are no errors, plus doing it that way makes me “feel” it more and motivates me to cut unnecessary expenses.

    On the other hand automatic saving and investing is a great way to build wealth. If you have money pulled into a 401k or IRA automatically you’ll be less likely to forget or spend it.

    #757

    jenhemphill
    Participant

    I do both.  I put my bills and savings on autopilot minus the bills that vary from month to month.  Those I do manually.  I also have my notebook where I check off the bills, savings, etc to make sure as Mike said that there are no errors etc.  I do this twice a month and it works great for me!

    #769

    clgp1953
    Participant

    I have automated everything through my bank and have no fees for using on-line banking.  With on-line banking, I have never had a late payment-I always have proof of the payment being sent.

    I am in the habit of checking my bank balance twice a day-I track expenses and know exactly what the balance should be.

    Tracking expenses makes things like budgeting easier; it is easier to know if there has been banking error, etc. After a while it becomes automatic and intuitive.

    #3820

    regie14
    Participant

    Bill payment apps is really a good apps in fact i am using it too cause right now i end up working in a shipping services at http://www.promail.fi/

Viewing 7 posts - 1 through 7 (of 7 total)

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