How to automate your personal finances
by Victoria Song from The Verge - All Posts on (#695JG)
Automating your finances can make it more convenient to pay bills, save, and budget. | Illustration by Samar Haddad / The Verge Few things are more stressful than money. Between paying bills, buying necessities, investing for retirement, and saving up for a rainy day, personal finance can feel like a full-time job. But it doesn't have to be. The best part about online banking is that everything can be automated - even if you're living paycheck to paycheck.
There are several benefits to automating your money. You'll always pay your bills on time, which in turn eliminates late fees and protects your credit score. If you're bad at saving money, you can automatically transfer a set amount per week or month to a savings or retirement account. Budgeting sound like a total nightmare? That can be automated, too.
But while automating your finances can be convenient,...