Today I’d like to talk about setting up some automation in your personal (and small business) finances.
This is something I’ve developed over the years, and you might already have as well … but if you haven’t, I’d love to share some how-tos with you.
Some benefits of automating:
- You don’t have to make a bunch of payments, deposits, or transfers each week.
- You don’t have late payments or interest fees.
- Your savings, investments and even debt payments can all be put on autopilot, so that your finances get better without having to do anything.
- You minimize the work and worry, and therefore make the whole process less troublesome.
All that said, it should be noted that you can’t just “set it and forget it.” You still have to monitor things, and tweak as you go along. And ideally, you’ll review things regularly so that you’re constantly finding things you can reduce or eliminate in favor of savings and investments.
I hope you enjoy the video!
Watch the video above, or download it here to watch on your device/computer.