Ep 64 Should You Automate Your Finances? Pros and Cons Explained

Wealthy After 40: Personal Finance, Financial Freedom, Debt Payoff, and Retirement Savings for Gen Xers

In this episode, I explore the pros and cons of automating your finances. I cover key areas like savings, investments, and debt repayment. I also share how to set yourself up for success by having a solid plan before automating.

00:00 Introduction: Is Automation the Answer for Better Finances?

00:27 Personal Story: My Cash Envelope System

01:52 Creating Your Own Financial System

02:30 Benefits of Financial Automation

04:21 Addressing Common Concerns and Misconceptions

07:26 Key Areas for Financial Automation

10:09 The Importance of Having a Plan

13:32 Conclusion: Is Automation Right for You?

Mentioned in the Episode:

Episode 003 - How Using Cash Envelopes Saved Us During Financial Crisis

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