- Organize in one place (Spending Plan software) all your bills (amount, frequency, next time due, acct#).
- Have a spending plan for each bank account.
- Enter expenses once, no more creating a new budget each year.
- No more “this bill comes from HIS wage and then bills comes from HER wage”.
- All income is deposited in BILLS account to cover all bills 1st, then excess funds are transferred to other spending or saving accounts.
- Timing leverage of incomes and expenses.
- See your spending plan always 12 months in advance. Up to 10 years.
- No more keeping due dates of bills in your head. Enter expense once and just adjust, when needed.
- Know all your bills in the next 12 months will be covered.
- Know the ‘right’ (exact) starting balance required for your bills account.
- Automate all your bills because you will know they will be covered. No more late fees.
- Pay your bills only when they are due. No more installments, as they cost you more anyway.
- Pay your annual bills annually and quarterly bills quarterly. Keep your money in your bank account longer.
- Know early (months in advance) if you will be short in the Bill account to pay a bill
- Make a plan to re-adjust plan to ensure future bills are paid.
- Decrease your interest on your mortgage by putting your Bills/Savings accounts into an offset account.
- Virtually test your future spending in your plan 1st, instead of real money.
- “Dear Spending Plan, can I afford this large purchase?” VS spending actual money and then wondering how you will pay for it.
- After entering expenses and income, see how much money remaining you have to “give a job”.
- Give every dollar a job so it doesn’t leak from your wallet. Have a plan for every dollar.
- Gone are the days of spending money you didn’t realise you had. Plan to spend it on your really wants.
- Know every day of the year what your bank balance should be to cover expenses.
- Know if you have too much money in your bill account. Transfer extra to another job or spend.
- Quick weekly money management – compare spending plan account balance to your actual account balance in as little as 10 minutes a week.
- Be accountable in software if you stayed to your plan the past week, etc. Adjust if necessary.
- No more tracking your spending that is in the past (it’s gone). We forward plan your future spending.
- Too much in the Spending Plan account? Then you have choices what you will do with that extra money.
- Know the dates you will have your debts paid off.
- Know the date your savings goal will be achieved and how much a week you need to save.
- The ability to see your spending plan up to 10 years ahead.
- Easily see how much you have planned to spend on different categories.
- Print a calendar that shows what income and expenses will occur on that day in your plan. Time to spend!
- Know every day what your Spending plan target plan balance should be – the right place (number). The missing # a bank statement does not show you.
- Be reminded of your spouses birthday or your anniversary etc because your plan will tell you there is money available for a gift.
- Know your weekly grocery bill. Create and keep spending boundaries for your food and spend in other areas.
- Spend your money on your “really” wants.
- Have peace of mind when it comes to your money. No more stressing!
- Know your current financial health. Get your head-out-of-the-sand.
- Lose the desire to spend money you do not have. Knowledge–>
- Financial Literacy (knowledge) brings power and making better choices!
- Having a Spending Planner motivate, teach, support and vital accountability to reach the goals you will set.
- Accountability to your Spending Planner is the glue that connects commitment to results.
