How I Manage My Finances To Save Time

Are you wondering how to manage your finances to save time? Handling your finances can be difficult and stressful, it doesn’t have to be!

If you simplify your finances, you can spend more time doing the things that you love. Also, you will save a shitload of time and you will have less stress.

I Am With One Bank

I can understand that you want to have more than one checking and one savings account, there are many reasons for doing so. You can get a higher interest rate or make sure that your emergency fund money can’t be touched.

I Automate My Payments

The number one thing to do is: I pay myself first – meaning that I first put a set amount to the side for investing and crowdlending.

I Try To Pay (Semi-)Annually

Mostly what I pay annually are some subscriptions and my health insurance. The discount you get for paying annually is mostly 5-7%, which makes it reasonable to pay at once and be done with it.

I Put Reminders In My Phone Calendar

When I’m sure I will forget something that is coming up, I create a reminder in my phone’s calendar.

I Invest In ONE Diversified Fund

Almost all of my investments are in ONE fund, VRWL Having everything in one diversified fund makes investing for (early) retirement very easy.

Pay off your debt

No matter what kind of debt you have, paying it off will simplify your finances a LOT. You will have less stress, free up money for other purposes, and more.

Create a budget

It’s important to know where your money is going and setting targets related to that. Creating a budget that works for you is extremely important. It’s easier to stick to your budget in that way for sure!

Work with cash only

Many people swear by working with cash envelopes and paying everything in cash. It would simplify your finances a lot, since you don’t have to worry about any payment or credit card debt.

Try and cut expenses

When you cut expenses, it means that you are saving money and you have less to worry about. Since I cut my expenses, I manage to live on half my income – and I’m sure you can do it too!