1165: To Automate, or Not to Automate by April Dykman with Get Rich Slowly on Personal Finance Automation Downsides

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🗓️ 18 May 2020

⏱️ 10 minutes

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Summary

April Dykman with Get Rich Slowly shares her thoughts on to automate or not to automate. Episode 1165: To Automate, or Not to Automate by April Dykman with Get Rich Slowly on Personal Finance Automation Downsides J.D. Roth has been reading and writing about personal finance for a decade. Today he’s financially independent, but ten years ago, his money life was a disaster, with over $35,000 in consumer debt. He started turning everything around in 2004. By being the boss of your own life, you, too, can be the master of your own financial fate. The original post is located here: https://www.getrichslowly.org/to-automate-or-not-to-automate/ Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:00.0	If you've been feeling overwhelmed with anxiety lately, try listening to a guided meditation on the Meditation for Anxiety Podcast.
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0:16.5	feel lighter and happier. So subscribe for free today to the Meditation for
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0:26.0	your favorite podcast player.
0:30.0	It's a minimalist Monday edition of optimal finance daily, episode 1165,
0:35.1	to automate or not to automate by April Dyckman with Get Rich Slowly.org.
0:40.9	And I'm Dan, I am your host, a very happy Monday to you. Hope your week's off to a great start.
0:46.0	This is the show where I read to you from some of the best personal finance blogs on the planet.
0:51.0	And have you heard our other podcasts yet?
0:53.0	Because we've got optimal living daily, which covers minimalism, personal development, and productivity,
0:58.0	plus three other shows as well. So if you like today's episode, you'll definitely like that show too. Just search
1:04.6	for optimal living daily wherever you're hearing this show to find it along with the other
1:08.7	shows. But for now let's get right to today's post as we optimize your life.
1:15.0	To Automate or Not to Automate by April Dyckman with Get Rich
1:21.2	Rich Slowly.org Lately I've been giving my personal finance systems a lot of thought.
1:27.0	What is the best way to track my expenses? I've yet to figure it out.
1:31.0	Am I allocating my savings in the way that makes the most sense? Should I automate more or less?
1:37.0	Right now I'm both automated and unautomated. Payments for cell phones, my yoga studio membership, Netflix, and charity, for example, are automated,
1:45.5	as are my transfers to savings and savings sub-accounts. The payments for bills like
1:50.3	individual health insurance, gas service, and car insurance require paper checks for
1:54.8	various reasons. Automating sounded smart, but lately I've been wondering if automation isn't making
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