Managing your finances can be a chore. However, if you do it right, you shouldn't need to spend all your time on it. In fact, once you've figured out your budget and systems, you could even set your finances on autopilot.
Australian money photo by Shutterstock
As tips blog Zen Habits points out, it's easy to get overwhelmed by your finances because there can be a lot to cover. When your finances aren't in order, it's a constant mess of due dates, late fees and re-adjusting. Certainly spending time figuring out a budget and changing your habits would be just as time-consuming, right? Actually, not really. Ideally, the systems you set should run themselves, meaning you only have to check every once in a while:
Just as you should take care of your hygiene, you should take care of your bills and savings. That doesn't mean you need to think about it every minute of the day, or even every day … just regularly. Once you start this simple form of self-care, you'll be amazed at the changes you'll see.
That doesn't mean that you don't have to pay attention to your money. It's still worthwhile to pay attention to your bills and watch for extra charges. However, if the thought of creating a budget or managing your expenses sounds like a drag, realise you're probably spending at least as much (if not more) effort to have an unorganised financial life.