Automating your Money

Are you constantly stressed about unpaid bills, forgotten subscriptions, or unexpected expenses depleting your savings?

You're not alone in this financial chaos. Sudden expenses can disrupt your financial stability, forcing you to dip into savings or accrue debt.

The stress of remembering numerous bill due dates can lead to costly late fees and a hit to your credit score.

Those $5 and $10 subscriptions might not seem like much, but they accumulate, silently draining your budget.

Are you constantly stressed about unpaid bills, forgotten subscriptions, or unexpected expenses

depleting your savings? You're not alone in this financial chaos. Sudden expenses can disrupt

your financial stability, forcing you to dip into savings or accrue debt. The stress of remembering

numerous bill due dates can lead to costly late fees and a hit to your credit score. Those $5 and

$10 subscriptions might not seem like much, but they accumulate, silently draining your budget.

Imagine a life where bills are paid on time, subscriptions are monitored, and you're prepared for

unexpected expenses without lifting a finger. That's the power of automating your finances.

Financial automation is setting up systems to manage your money seamlessly, ensuring bills,

savings, and investments are taken care of automatically. By automating your finances, you

eliminate the stress of manual money management, avoid late fees, keep track of subscriptions,

and steadily build your savings for unexpected expenses.

Ready to regain control and bring order to your financial life? Let's dive into the comprehensive

guide to automating your finances and ensuring financial stability and growth.

Here are the steps you need to take to automate your finances:

STEP 1: Receiving your check

- Opt in for a direct deposit if you’re not already. Avoid paper checks at any cost, they will

slow down money going into your account.

- Have notifications for when you get paid so that you can be aware of the money going

into your bank account.

STEP 2: Budgeting

- Determine what your budget is depending on your monthly expenses that you will

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guaranteed pay for every month (rent, food, transportation, etc.).

There are several types of budgets out there, but you need to pick one and stick to it (we

have a page just like this one, but specifically for budgeting in detail).

- Choose a budgeting app to help you automatically budget (we recommend ours).

STEP 3: Automating

- With your app of choice, you may or may not be able to automate all of your finances in

one place, but with Jackpot Automations, you can!

- Connect your bank account to the app safely as well as any investment accounts or bill

collectors. Now your finances should all be accessible in one place.

- Review your previous transactions and subscriptions and adjust as needed

- Once the end of the month hits (or subscription period hits), you now have the option to

pay all bills and subscriptions in full or cancel or dispute any charges all in one place

STEP 4: Attacking goals

- Ensure that you have your financial goals set into the app (savings, investing, etc.). The

app should set out a plan and keep you updated on how much effort is needed to

achieve the goal as well as if you are ‘on track’

- Goal setting is also automated, so no need to jump through hoops and calculate!

STEP 5: Review and rebalance

- Your app should give you notifications on how your finances are doing overall

Is your budget on track?

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- Are you overpaying for subscriptions?

- Have your subscriptions gone up?

- You invested $X amount so far this year, here’s how you are performing

- You are spending X% less than you did 2 months ago, good job!

- Etc.

- With Jackpot Automations, you will have this and more!

- Depending on how you are doing financially, you may or may not want to adjust your

budget and goals over time, but the app should automatically present you the results.

With these steps, you’ll have set up a system where your money is automatically sorted, saving

you time and preventing financial oversights. Start your journey to financial stability and freedom

through effective and effortless automation today!

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