The Simplest Way to Organize Your Finances in Just 10 Minutes

  Do you have 10 minutes? Because if you have 10 minutes, we’re going to tell you the easiest way, the quickest way to organize your finances. If you only have 10 minutes. Yes. So we’re going to help you do these couple of things that you can implement, like right away. Able to start getting your money systemized and organized, which is really a great feeling. Okay.

All right. So you’re thinking, wow, I’d really love my finances to be organized. But every time I start thinking about what to do, I feel overwhelmed or I would rather does that mean highly. No. Thank you. And so if you just do this one thing that we’re going to tell you, then you’re going to feel like everything is so much more organized and systemized. Immediately.

Well, and you may be looking at your finances and your bank and going well, everything’s fine. I have one account. I know it’s happening and I’m good. Like everything’s great. Right? No. But what if it could be better? Like what if there’s another way? It’s a different way to do and organize your money and systemize it.

And you just maybe have never heard of this a magical way again. What do you think? Well, I feel like when you say that, it’s like it reminded me of that cartoon. Have you guys seen the cartoon of the dog and he’s at like the counter? I don’t know if he has a beer or coffee. It’s up to. It’s interpretation. And there’s fire everywhere in the background. Everything’s burning down. And he said, everything is fine.

And that is what I heard. When you said that. Because it remind and it also reminds me. So if you think you’re one, you’re, your finances are organized and it’s going really well. I think about like, is there. Your closet before you ever clean out your closet, or maybe you, you look up an organization method or how to declutter and your closet quote unquote is working.

Quote unquote is fine, but there is such a better way. That’s going to make it easier to get dressed, easier, to feel like a million bucks. Either easier to know exactly what clothes you have easier to walk in your closet. That could be a thing too. Yeah. More space, more, it looks better. It feels better.

Like that’s what we’re talking about with this, right. And sometimes you’re just too close to it that you can’t see a different way because this is what’s been working quote, unquote, working for so long and you’re like, well, it’s fine. I know my routine. I know my way. And it’s good. This is as good as it’s going to get. We want to help you with is that I think there’s a different way.

It could be, if there could be a better, more improved way to deal with your finances and hopefully we’re going to share a couple tips. Yeah. Okay. So. The simplest way, you’re going to your mind’s going to be blown if you’ve ever listened to our podcast again or before. Separating your accounts is so you know, we’re going to call it revolutionary because it’s definitely outside the box. It’s definitely not something that I actually have never heard a single other person say it when it comes to the personal finance space, but what we want to do, the first thing, this is the first thing that’s going to make.

The biggest difference is you’re going to separate, you’re going to have two checking accounts and you’re going to keep one checking account only for your bills only. Your Bill’s going to be in this account. Nothing, no other transactions are happening in this account. It’s going to be a game changer. I think that that is one of the hardest things for our clients is when we talk about having one account strictly for bills, they like what I, but I have a debit card for that account.

So obviously that means I’m going to keep it on, man. Obviously that means I’m going to use it for emergencies or whatever. And it’s like, no, the idea is to have, so if you do nothing else with your money at all, We ask you to get two checking accounts. One for spending one for paying all your bills and your dad’s okay.

That, and that in itself is going to be completely game changing and it is going to transform the way that you handle your money. Yeah. I’m going to pause Zach, sorry about this. But I feel like we could actually just speak to some of this. Copy. When we’re talking about this, right? Like why it’s going to make them feel better because we have it in here somewhere. Here. So okay. Yeah, because

 if you’re like most people you have one account and it’s got your spinning, it’s got your groceries in. Subscriptions, and there’s just so much going on. You never really know what’s happening. There’s different due dates. Swiping. Yeah. And you’re like hoping swiper, no swiping. Yeah, exactly.

And it’s actually, it’s, it’s overwhelming and it’s exhausting, right? So, and here’s the thing and you make good money, but you, maybe you feel like. I’m not sure if I’m going to, if all the bills are there’s enough money in there for all the bills throughout the month to come out or not, I’m not 100% on that. And it’s annoying. And that’s what we see is people are going to make purchases.

And they’re like, I think I looked at my bank account. I see money, but I’m not really sure if I can use it. Or when this bill is coming out or did it already come out or, and how much, how many more bills are yet to come out this month? So there’s just a lot of questions that you’re trying to, to answer in the moment of going to pay for something.

And so what we’re trying to do is remove all that. By having an account that strictly pays bills and does nothing else. And you’re not spending out of the account. You are removing all of that, questioning all of that frustration, anxiety of wondering what your money is doing. Yeah. And it’s like like we talked about the closet, it’s just chaotic.

It’s. It’s unorganized, it’s cluttered. Right? And because of that, it feels like your money is sort of controlling you instead of the other way around. Right. You should be controlling your money. You should know exactly what’s happening. It should be easy. You know, I think. I keep going back to this, but one of the one of the motivations see as your closet organized is to know when I walk in everything fits everything’s fabulous.

I have great options. I know what the options. I just feel good about it. And the same thing with organizing and decluttering your accounts is I look at that bills account. I know everything is covered. I don’t have to worry if something’s gonna bounce. If something, if you know, if something is not going to get paid on time or whatever, because that is all taken care of.

And all I really have to do. With my hands is figure out the spending and not, not mess up the spending part of it. Yeah. I mean, And guys, the reality is, is I don’t want to speak for Shannon. Cause I think I’ve heard her say this before, but like her and I literally check our bills account once a month.

That’s it. And the reason for that is just to make sure that the bill, the amount that came out is what was listed on the bill. Invoice or receipt or whatever. Right. And that’s it. But you can get to that point. I have otherwise, otherwise, besides that one time a month, I have no idea what’s happening in my Bell’s account and I don’t care to. And I don’t, you know what I mean?

Like, it doesn’t matter because I know that the exact amount of money is going in there to pay the exact amount of bills that I know that that are coming out and that is it. Yeah. Like there’s nothing else. And so this is what you can do when it, when we’re talking about it being 10 minutes. You just set up an account. Or actually might use the one you already have and whatever the bills are that you have all month, you’re just going to make sure enough of your income stays in that account to pay them.

All right. So you, you list out all your bills and you keep that much money in the account, and then everything else is going over to that other checking account. And Vanessa mentioned, you can get more sophisticated. You can start to set, subdivide it into gas, grocery spending, restaurants, whatever, but you don’t have to do that right away. The number one thing is just separated so that when you go to look at each account, like Vanessa said, you don’t really have to look at the bills, but even in the beginning, you will. And you just see bills, check, check, check.

They’re all coming out. But when you’re trying to figure out, do I have money to eat out, then you are just looking at your spending. You’re not looking, you’re not having to deconflict your bills or your mortgage, or, you know, your utilities. You’re not having to de-conflict that you can just look, I have $500 left until next paycheck.

I need, I need about $200 of groceries. So I have 300 bucks in gas or whatever. That’s a little less. Messy messy. And that’s the first step. Yeah. And if you do nothing else, like if you don’t, if you listen to our system and you’re like, okay, savings, buckets, all that, like this is too much for me.

This one thing of opening up the two accounts and having one for savings, one for spending is going to be awesome. So we recommend doing that. That is really going to be the simplest way to organize your money. Yep. And so what you can do is if you want, you can go to budget SES. Dot com for SaaS bills and you can get a free masterclass on how to set up the Bill’s account specifically because it, you know, it’s, you probably, maybe you could figure it out, but we’ve already figured it out for you.

We know exactly what you need to do. And there are some nuances, like Vanessa said, like that debit card for the bills car cannot be usually for spending any more. So there’s some little trips and tricks that we go through in that masterclass. That you can use and, and take advantage of to set it up correctly and, and feel really confident about it. So don’t forget, it’s a bunch of ses.com for slash bills.

You’ll get a free class. It comes with some extra bonuses if you finish the class. Right. So it’s really good. A lot of information. And if you have any questions about it while you’re taking the class or anything pops up, email us@helloatbudgetbesties.com. And we will help you out. Yeah. And the LA the last thing I want to say about this is it’s, it’s organized.

It does organize it is the simplest way to organize your finances. Just separate them. Literally put one thing over here. And one thing over here, it’s so much easier to figure to look at and figure out. But it also, I, I remember the first time one of my clients said something like this and it was it was interesting.

She’s like for the first time ever, I went on vacation, I didn’t worry about bills being paid. Like, you know, because we’re so used to being Michael managing our budget and our bills. Bogged down by. Yeah. And she didn’t, she just went on vacation and she’s like, the bills account was doing its own thing.

I had this money that we had already planned for me to spend on vacation and I didn’t have to worry about it. I didn’t have to think about it at all. And that we want like your life. Yeah. That’s the life we want for you. And your life is also very busy. Even if you’re not on vacation, you don’t need to be worrying about this and this’ll help you the first step to get organized, have this bills account, have all your bills over there being paid automatically, and then everything else we can work from from there.

Yes. And so again, the idea is all your money comes into the bills account. And from there you’re paying your bills and then you’re, you’re transferring out to a separate spending account. Okay. All the money that you’re going to use for spending for the month, that is going to be the game changer.