The Immense Benefits of Taking Command of Your Finances

Apr 4, 2024

Dave Ference, JD

The Immense Benefits of Taking Command of Your Finances

(3 minute read)



If you are living a life of quiet desperation, which has been made worse by your finances, it’s time to take control of your money. By “taking control” we don’t mean that you should spend more time worrying about your finances, we mean that you should assert your will over your money, and become its master, rather than its slave. If you do, a flood of powerful benefits will flow into your life. Below, in no particular order, are some of the most consequential benefits. We concede that the list is long, but that’s precisely our point. As you read, just imagine that this list accurately describes you. Internalize the fact that this list describes many individuals who live and work in your community. Most importantly, many of those individuals are middle income workers who, despite not being multi-millionaire hedge fund managers, are financially independent.



1) Develop self discipline. Making a conscious, deliberate effort to control your finances cultivates self discipline.


2) Reduce stress and anxiety. Being underwater financially is extremely stressful and takes a heavy toll both physically and mentally. 


3) Preserve your marriage. Yes, we said it. Many divorces are caused by financial issues. Don’t allow money to harm your most cherished relationships. 


4) Create a safety net. In the event of illness, accident or job loss, you have a buffer. 


5) Avoid paying interest. You can earn interest or pay interest, it's entirely up to you. 


6) Home ownership. There aren't many things more satisfying than owning your castle. 


7) Afford a vacation. You need to be able to reward yourself with a getaway.


8) Provide for retirement. It will arrive quicker than you think, get started right now.


9) Increased confidence. An infusion of courage for your mind and spirit. 


10) Protect your  family. Nothing more satisfying than taking care of the ones you love. 


11) Informed decision making. Your capacity to engage in an educated risk benefit analysis is dramatically increased. 


12) Freedom. Cannot place a monetary value on this. 


13) Loan others money. Imagine being in a position to actually loan money to others. 


14) Secure a good credit score. More negotiating power and higher credit limits.


15) Increased access to loans. You open up a world of options and dramatically improved terms. 


16) Money to cover taxes. If you happen to owe the IRS even more, it's sitting there. 


17) Afford insurance. The ability to protect yourself and your loved ones from the unknown. 


18) Maximize tax savings. Paying more than you owe is unacceptable. 


19) Take advantage of rare opportunities. If unique opportunities arise, you can capitalize. 


20) Own yourself. Rather than being owned by someone, or something, else. 


21) Financially literate. Become fluent and open your eyes to an entirely new world. 


22) Increased capacity to track expenses. Discover where your money is going and why. 


23) Eliminate the hassles of being broke. An entirely new quality of life. 


24) Creation of a spending plan. Control who, what, when, where, why and how.  


25) Pathway to financial security. There are some rules of the road, embrace them. 


26) Estate planning becomes a reality. Create something that will endure beyond your life, a legacy that benefits and comforts those you love.


27) Financial planning becomes a reality. Impose your will upon the future rather than being at its mercy. 


28) Join the 9% of the population who are millionaires. You would be very surprised how many middle income workers achieve this financial milestone through discipline.


29) Organized life. The quickest path to increased productivity. 


30) Not dependent upon credit cards. Taking advantage of credit on your terms, not theirs. 


31) Change psychology. An entirely new mindset and energy about money. 


32) Ability to talk about money without feeling sick. Enough said.

 

33) Donate. It's empowering to contribute to the causes you love.


At TrueView, we created a simple cash flow system for the purpose of empowering individuals to take control of their money. We transform your checking account into an intuitive cash flow system with our automation, unlimited virtual accounts, expense reports, credit card tracker and credit card payoff account. Our system provides real time updates, 24 hours a day, 7 days a week, to keep you apprised of any transactional changes in your personal finances. Our credit card payoff account allows you to set aside money, in real time, to cover your daily charges so that you are never blindsided by the sticker shock of your monthly statement. It replaces the need for a budget and sits in the palm of your hand or on your desktop or tablet. No changing banks or credit cards, we meet you right where you are. Best of all, our system carries a price tag of 27 cents per day. If your personal finances own you, and are negatively impacting the quality of your life, the decision to switch to TrueView should be very easy. Put us to the test with our 14 day free trial offer.



Let's do this!