Automatic Money
You work hard to make your money; don’t make managing it hard too. The goal of achieving Automatic Money is to create a simple, automated system that makes the management of your money mostly hands off; you won’t need to wonder if you’ll have enough to pay bill before your next check, if you’re saving enough for retirement, or if you’re overspending on fun—or not spending enough!
The downloadable graphics below give a summary of how we should go about achieving Automatic Money—you’ll need to check out these issues of The Trident to learn about more of the details necessary to achieve Automatic Money:
Automatic Money—Part I: The 5 Stage Workflow
Automating your money might be the most beneficial thing you can do for your financial life: it organizes your money, cuts down your stress, and requires little upkeep. This graphic lays out the 5 Stage Workflow that prioritizes what you need to do with your dollars before building out the whole automated structure.
Automatic Money—Part 2: The Structure
Once you know what Stage you're in, you can build your automated system that fits you best. This graphic lays out the account structure that keeps things the most simple and shows the direction of cash flow. Rest assured your money will be where it needs to be, when it needs to be there.