17 min

Automate Your Finances to Limit Financial Mistakes Financially Well

    • Investing

What does it mean to automate your finances? Why and how might Millennials adopt this strategy to boost their chances for financial success?
This is the millennial finance podcast Financially Well. In this episode, we'll share tips from the field of behavioral finance. In particular, Kevin Mahoney, CFP® will discuss how to automate your finances. Kevin, who specializes in financial planning for Millennials, regularly hears about new financial tech, tasks, and ideas that his peers want to add to their lives. But author Bob Seawright (who writes The Better Letter), argued for a different approach in a recent Substack newsletter called, “Addition by Subtraction.” Seawright shows how, in the case of money, doing less often leads to better outcomes.

What does it mean to automate your finances? Why and how might Millennials adopt this strategy to boost their chances for financial success?
This is the millennial finance podcast Financially Well. In this episode, we'll share tips from the field of behavioral finance. In particular, Kevin Mahoney, CFP® will discuss how to automate your finances. Kevin, who specializes in financial planning for Millennials, regularly hears about new financial tech, tasks, and ideas that his peers want to add to their lives. But author Bob Seawright (who writes The Better Letter), argued for a different approach in a recent Substack newsletter called, “Addition by Subtraction.” Seawright shows how, in the case of money, doing less often leads to better outcomes.

17 min