How to Automate Your Finances (Money on Autopilot!)

In this episode of The Personal Finance Podcast, host Andrew explains how to automate your money so it runs on autopilot. He emphasizes that most people aren't bad with money, they just lack a proper system for wealth building. Andrew introduces a system to automate finances, which includes setting up a flow-through checking account, automating investments (employer match, HSA, Roth IRA, 401k, taxable accounts, and 529 plans), automating bill payments (via checking account or credit card), automating spending tracking with tools like Monarch Money, and automating savings goals using a bucket method with high-yield savings accounts. He also stresses the importance of a 10-minute monthly review to ensure all automations are functioning correctly and to make necessary adjustments. The goal is to reduce financial stress, eliminate procrastination, and free up time for more valuable activities.