Comments on: 4 Ways Millennials Can Put Their Finances on Autopilot

By: LewisandWife

LewisandWife — Sun, 17 Jan 2016 18:32:06 +0000

Not over automating is a good recommendation. Also, some people have different strengths for example I’m really good at saving in general but when it comes to retirement investing, it’s a huge fail. I have to automate that of I might never do it. My bank teller just said, sometimes you have tot trick yourself into saving that money.

By: Erin @ Journey to Saving

Erin @ Journey to Saving — Tue, 29 Sep 2015 05:59:53 +0000

The Mill Street Times Yes, love that! Setting up automatic payments at the beginning of the month is a great idea, along with putting the money in a harder-to-access account.

By: The Mill Street Times

The Mill Street Times — Tue, 29 Sep 2015 04:18:07 +0000

I could not agree more. I’m a huge fan of automating savings. It’s particularly helpful when you automate to reach savings targets. Practicing automation techniques can also teach you to live on a certain amount of money. Leave yourself with a set amount each month. This way, you’ve “paid yourself completely first”, and you have no choice but to spend what you’ve left yourself with. Also, a super helpful tip is to put your savings in accounts that are hard to get. This way it’s tougher to cheat by accessing the money for when you want to break your budget.

By: Erin @ Journey to Saving

Erin @ Journey to Saving — Tue, 29 Sep 2015 03:00:50 +0000

Eyesonthedollar Ha, there are definitely a few things that still require checks, sadly.

By: Eyesonthedollar

Eyesonthedollar — Tue, 29 Sep 2015 02:50:31 +0000

I automate everything I possibly can. I still have to write a check to pay for my daughter’s dance lessons and that’s annoying enough. Thank goodness for being able to do most everything electronically!

By: Erin @ Journey to Saving

Erin @ Journey to Saving — Mon, 28 Sep 2015 20:39:41 +0000

Hannah UnplannedFinance Nice! Keeping records is an absolute must. It stinks to get a strike against you when you were actively trying to pay, but technology wasn’t cooperating.

By: Erin @ Journey to Saving

Erin @ Journey to Saving — Mon, 28 Sep 2015 20:38:39 +0000

ShannonRyan Yes! It definitely helps solve the problem of late fees. No one wants to get dinged $25-$30 every time a payment is late, and of course, if you forget about the payment entirely, that could lead to other consequences. Definitely agree we always need to go back and take another look at our finances when things like salary change.