Automate

5 Mistakes that Led Me to Financial Automation

Nobody’s perfect, right? I’m not, you’re not — and we’d be kidding ourselves to think if we were. And when it comes to money, we tend to make decisions emotionally instead of rationally, often becoming our own worst financial enemy. But it doesn’t have to be that way. You know that, and I know that. […]

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Are You Your Biggest Savings Enemy?

When it comes to managing your financial success, there’s no one more qualified to make decisions than you. (Yes, not even many fund managers.) But even though it’s up to you to plan out and execute your financial goals, you may be getting in the way of your own success. Let me share a story […]

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How Automating My Debt Payments Saved Me Serious Money

We often talk about financial automation as a convenience. Instead of having to remember to pay your bills before their due dates, they’ll get paid automatically. But for some bills, there’s actually a financial incentive to automating your payments. While some service providers (like Sprint) may give you a one-time credit for automatic payments and […]

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The Once-in-a-While Fund: How it Works

If you’re like me, you’re always surprised at how expensive that car insurance bill is or how much you really owe in taxes. The expenses that you don’t pay on a monthly basis can often sneak up on you before you have the money to pay them. These bills could include: Insurance (auto, homeowner’s, renter’s) […]

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Hi. I’m Jason and My Finances are on Autopilot.

Hello there, and welcome to Automatic Finances! My name is Jason and, yes, my finances are on autopilot. What does that mean, exactly? Let’s see… My bills pay themselves every month I automatically save for retirement without trying to time the market My paycheck goes straight into my bank account every two weeks My short-term […]

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The Financial Cushion: Why You Need One

For your central checking/debit account, it’s crucial that you have a financial cushion as a safety net for your transactions. What’s a financial cushion? An amount of “extra” money to ensure you don’t run out when all of your automated transactions occur. By having this safety net in your main checking account, you’ll avoid the […]

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