123. Automate your Finances!

Even while he worked as a professional in the Financial Services industry, Andy Hoffman struggled to make conventional budgeting work at home. This struggle led him to create a system that is centered around automation, not budgeting, to manage his personal finances, and from there develop a course that teaches others to do the same. On this episode of CFO at Home, Andy and Vince discuss some of the principles of his course, and implementing a system of automation for managing your money.

Key Topics 

• Expanding the use of automation in our finances (2:22)

• The importance of being cash flow positive in order to automate (6:30)

• Managing your finances through automation (11:32)

• The positive impact of automation on our money behavior (21:30)

• The advantages of using multiple bank accounts to manage your money  (26:28)

• The importance of consistency (Dollars over Dogma) (30:37)

• Money Mistakes (35:09)

• Andy’s free resource (36:55)

• Automating with a Variable Income (37:24)

Resources  

• https://www.andyhoffman.me/

• Automaticmoneyflow.com

Ways to connect/follow

• Andy Hoffman - Instagram

• Andy Hoffman - Facebook

• Andy Hoffman - Twitter

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