3 Money Hacks (plus a bonus tip)

Let's get real – how much time are you really putting into managing your money? The average person puts in a whopping 90,000 hours working for their money, yet barely any time working on it.

What if, instead of just focusing on earning, we dedicated a fraction of that time towards improving our financial situation? Consider taking just an hour from your work-for-money routine and using it to work on your money.

Here are three nifty strategies that can help you achieve financial freedom and confidence. And guess what? I've got a bonus tip that might help you uncover some hidden cash!

Hack #1: Schedule a Financial Date Night

Why not set aside 30 minutes to an hour every month for a financial review? Make it enjoyable – grab a drink, relax, maybe turn it into a game. Whether you're solo or with a partner, this date night is all about looking at your finances over the past month and making any necessary adjustments.

Hack #2: Get Your Finances Organized

Who else has a 401k collecting dust from a job they left ages ago? As Marie Kondo would say, let's tidy up! Know exactly where all your accounts are and what they're doing for your future. Condense everything onto a single page – your student loans, life insurance, bank accounts, you name it. It's like your financial Marie Kondo balance sheet. You can use paper or go digital – your choice. This will be your go-to checklist during your financial date nights.

Hack #3: Take Charge of Your Cashflow

Divert your cashflow into four straightforward steps:

Step #1: Protect Your Assets

Stuff happens, even when we don't expect it. Be prepared for the unexpected by safeguarding your assets against life's curveballs.

Step #2: Become a Super Saver

Saving 15-20% of your income is the name of the game. Most folks start at 5%, but progress comes in baby steps. Bump up your 401k contribution a notch or make an automatic transfer to a high-yield savings account. The beauty? You won't even miss the money.

Step #3: Diversify Your Savings

Don't put all your money eggs in one basket. Balance your saving strategy by considering different accounts and options.

Step #4: Embrace Present Enjoyment

Once you've got steps 1-3 covered, it's time for guilt-free spending. Savor that latte and revel in the now.

Bonus Tip: Unearth Hidden Money

Here's a neat trick – visit www.missingmoney.com. It's like a treasure hunt for forgotten funds. A client of mine stumbled upon $16,000 they didn't know they had! I tried it myself and found $25 in just two minutes. Who knew making money could be this easy?

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If you'd like my help optimizing income and investing, WITHOUT someone jumping your sh*t about about a budget, ping me at cparrish@utorwealth.com or schedule a call using my online calendar.

I’m not in the finance business. I’m in the life business.

If you’re inspired, let’s talk. No sales pitches. Like, ever.