Systematize Your Finances

(2 minute read)

How much money have you lost to inefficiency? The difference between success and failure can be razor thin. The purpose of this question is not meant to humiliate or incriminate, but instead to cause a moment of self reflection in the hopes of eliminating bad habits that bleed out hard earned dollars, rather than capture them. Put another way, what would a 10%, 15% or 20% increase in annual savings mean for you personally? For many, such an increase would serve as a springboard to financial freedom.

Capitalize On Brain Power & Ingenuity Of Others

If inefficiency is something you hope to avoid, then the injection of proven systems into your personal finances should be a high priority. The benefits are more than just promising, they are transformative. What tends to make systems so effective is the fact that intelligent, problem solving minded individuals, have dedicated a significant amount of time and energy developing them. The challenges you encounter in managing your finances are not unique. It would be foolish not to avail yourself of their ingenuity, sweat and genius. Outlined below are some of the many tangible benefits of systematizing your personal finances. 

Consistency

The adoption of systems provides consistency. This is important because consistency fosters a disciplined mindset. Systems tend to be convenient, which means reduced effort or difficulty and they are very easy to replicate.

Structure

Systems lend themselves to clear thinking by establishing very defined processes, structured tasks and activities that are goal specific. This is reinforced by the very notion that systems only exist to accomplish specific goals and objectives, not for their own sake. Systems streamline tasks and processes, making them much faster to accomplish.

Metrics & Autopilot 

Systems are focused on, and driven by, results. They function as metrics, making it much easier to measure success and/or failure, and to troubleshoot problems. Highly effective systems create smooth operations, many of which run themselves or can be automated. Operations which are on autopilot free up valuable time and energy.

Better Decision Making & Organization 

A better system likely means better decision making. Established systems are accountable and allow for follow up to measure their effectiveness. Once systems have been built into your personal finance routine, they do not require conscious scheduling. This translates into a much more organized flow and builds confidence. There is a peace of mind that comes with the certainty that your established systems are accomplishing their fundamental objectives. 

Allows For Experimentation 

Systems allow you to take control of those aspects that are systematized. More importantly, systems often allow for experimentation and/or manipulation in a well controlled environment. The system serves as a baseline from which you can experiment. Such experimentation can bring important answers to speculative questions or propositions. Predictability becomes much easier once speculation is removed. Finally, an effective system brings much needed awareness to otherwise potentially clouded thinking.

Everyone Already Has A System 

One of the primary reasons that you should embrace an effective, proven system is because you are going to embrace a system of some kind anyway. Managing your personal finances requires some form of action. There is no escaping it. The question is not whether you will embrace a system, but rather which system you will embrace. Make sure the system you embrace is effective and efficient.

Embrace A Simple, Proven Money System 

TrueView is committed to the simplification and systematization of managing your personal finances. What you need to know is exactly how much money you have available and precisely what it's for. Not much else matters. Our automation, reports, virtual buckets, credit card trackers and credit card payoff account sync together to transform your checking account into a simple money system. We are committed to your financial success and would love to be a small part of building you dream. 

Let’s do this!