CNBC.com has a feature on Chris Reining, an IT worker who wanted to have a $1 million portfolio by the time he hit 35.
According to the article, he was in his late 20s when he came up with the goal, and at 35, he reached his million dollar goal.
How’d he do it?
Reining, who runs a popular blog, automates everything from his loans and bills to short-term savings and retirement accounts.
“I automated my money years ago, and the benefit is I don’t have to make decisions about where my money should go, how much I should invest, what I can spend, do I have enough savings, and so on,” says Reining.
Thanks to his automation, he’s already a millionaire, and at the age of 37, he retired.
Open the full article in a new tab … and then come back here and learn how you can automate your finances with these links:
- Automate your short-term savings
- Automate your long-term savings
- Set your bills to be paid automatically
- Know when to re-automate your finances
- Save on your debt with automation
