Comments on: 3 Practical Ways to Automate Your Finances Today

By: David Carlson

David Carlson — Sat, 04 Mar 2017 23:13:05 +0000

In reply to Andrew@LivingRichCheaply. For me automation is right up there with tracking your spending and budgeting. Once you know the inflows and outflows, it's time to automate those good decisions!

By: David Carlson

David Carlson — Sat, 04 Mar 2017 23:09:40 +0000

In reply to Amanda @ centsiblyrich. We do something similar. Definitely a great way to "automatically" make good decisions each paycheck. It's nice to watch balances build up over time in 401k accounts, HSA accounts, etc.

By: Andrew@LivingRichCheaply

Andrew@LivingRichCheaply — Thu, 02 Mar 2017 20:06:20 +0000

I think automating finances is #1 tip or close to it that I give to people. If you have money automatically go into savings/investing, you’ll save even without you knowing it. Auto pay has also saved me so much time and I know there won’t be any late fees. The Chime bonus card sounds cool…reminds me of the BOA card that did something similar. Card users will save money and get a bonus for saving without even knowing it.

By: giulia

giulia — Thu, 02 Mar 2017 11:17:57 +0000

totally agree!!!

By: Amanda @ centsiblyrich

Amanda @ centsiblyrich — Thu, 02 Mar 2017 02:05:05 +0000

I love automation. We use it for the 401k, HSA, and savings accounts, as well as most of the bills. All savings is taken out on payday, so it takes a priority and we can only spend what’s left.

By: David Carlson

David Carlson — Thu, 02 Mar 2017 01:05:55 +0000

In reply to Syed. Automation can really help with emergency funds, that's for sure. With more and more demands on our time, automating good financial decisions is a big win.

By: David Carlson

David Carlson — Thu, 02 Mar 2017 01:03:33 +0000

In reply to John @ Frugal Rules. Great to hear, John. I love that automating your finances can lead to making good decisions over and over and over - with no thought involved!