Time for a change

Have you ever spent more time on a task than you originally anticipated? It may have been a result of a dozen different things, but it is likely that you spent it because you were able to afford that time.

The same goes with money. If you have extra, you will want to spend it.

Want to sort out your finances? No, you don’t need to invest in Bitcoin. You can, but it’s not the best way to make sure your financial situation is in good shape.

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Why Automation is the Only Way

Do you trust yourself? Human brain is so complex. One minute you may be swearing that you will save the cash for that gift you always wanted. However, the next day you see a good bonus and forget all about your promises.

That’s why automating the process is the easiest and actually may be the only way to finally sort your finances. Especially now when technology will help you in every step of the way.

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How to Automate Your Saving

First of all, you need to know what are your goals. Are you saving for college? Do you want t super cool new bike? Whatever it is, find out what it costs and work your way backwards depending on when do you want to reach your goal.

Let’s say that you end up with a need to save $300 every month. What you could do is go to your bank, open a new account and ask that every time you get a salary, $300 would be transferred to your new account.

Or, if that’s not an option, look for apps that can automate saving for you. For example, Digit (if you are a U.S. citizen). The app will analyze your spending habits and put away money from your account to an insured account at Federal Deposit Insurance Corp. You can set up the app as you like, but that is exactly what you should be looking for.

Don’t wait until the end of the month to save what’s left. Most of it will already be gone. Instead, find an app that will do all the heavy lifting behind the scene.

If you don’t see it in your account, you won’t spend it.