💸 Automated Bill-Paying System Inspired by The Automatic Millionaire by David Bach
🏦 1. Use One dedicated Account for fixed/reoccurring Bills
📝 2. Calculate Fixed Monthly Expenses- List & total all recurring bills (rent, utilities, subscriptions).
🔢 3. Divide by How Often You Are Paid. First, take your total expenses. Then divide by how often you get paid each month. 💰
4. Set Up Direct Deposit- Automatically transfer the exact amount needed for bills per paycheck.
-Can’t ? → set up auto transfer from direct deposit account to dedicated bill account recurring every payday.
✅ 5. Push Payments Instead of Pull- Set up bill pay in your online banking to send payments before they are due. – Make payments recurring to avoid missed due dates.
⏳ 6. Schedule a Quick Weekly Check-In- Spend 5 minutes reviewing payments and balances.
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