Comments on: The Psychology of Automation: Building a Bulletproof Personal-Finance System

By: Jefferson

Jefferson — Tue, 07 May 2013 23:25:56 +0000

I don’t know if it’s just me or if everybody else encountering issues with your site.

It appears as though some of the text within your posts are running off the screen.
Can somebody else please comment and let me know if this is happening to them as well?
This could be a problem with my browser because I’ve had this happen before. Many thanks

By: Aboud

Aboud — Thu, 14 Feb 2013 18:25:27 +0000

How about setting up a “float” amount in your checking account that’s equivalent to a month’s worth of bills? That way, deposits on top of this amount is what feeds the automation system.

By: Aboud

Aboud — Thu, 14 Feb 2013 18:20:44 +0000

I hear you…

The best workaround is to just keep a “float” in your checking account that’s equivalent to one month’s worth of bills. That functions as the minimum balance that the account should never drop below of. That way, regardless of what dates you set, expenses and savings/investments feed off any income that arrives on top of the float.

By: Anni

Anni — Tue, 20 Nov 2012 23:54:19 +0000

Where do you find an account that automatically moves money around by percentages? Or are you assuming salaried income? My net pay can vary as much as 10%. How do you deal with that? Also, how do you account for irregular/annual expenses in an automated system.

By: will

will — Sat, 22 Sep 2012 14:39:32 +0000

I enjoyed the article! As a new entrepreneur I’m having enough trouble managing my time and don’t need the added stress (and time suck) of micro-managing my finances. Automation here I come!