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Automate your savings and investments to ensure consistency and discipline from "summary" of Financial Freedom by Grant Sabatier
Setting up automatic transfers is the best way to ensure that you consistently save and invest your money. By automating your finances, you remove the temptation to spend the money instead of saving or investing it. When you manually transfer money each month, there's always a risk that you might forget or decide to skip a month. However, with automation, you can set it and forget it, knowing that your money will be saved or invested without fail. Consistency is key when it comes to building wealth over time. By automating your savings and investments, you create a habit that becomes second nature. Just like brushing your teeth or going for a run, saving and investing should be a routine part of your financial life. Automating this process makes it easier to stick to your plan, regardless of any distractions or temptations that ma...
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