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Hi, I’m Jacob Wade. You may have seen in features such as “budget and love it” and “who said frugal didn’t know how to partay?!”
I’m here today to tell you about a revolutionary new way to think about YOUR money. It’s an amazing tool that will allow you, the average citizen, to turn into a FINANCIAL SUPERHERO (cape sold separately). Come and learn how to not worry about money for the rest of your life!
Do You Lose Sleep At Night?
Do money troubles cause you to lose sleep? Are you irritable and annoyed when talking about money? Do you have a pile of unpaid bills mocking you every time you step foot in the door? Are your doors even locked? Did you remember to close the garage door when you left this morning? Are you sure?
Might want to double check on that.
But if you can’t stop stressing about money, let me welcome you to the most magical tool of all.
NOT HAVING ANY MONEY
You Thought I Was Going To Say Budgets
Budgets are awesome. I love them. But even better than having a budget is not having any money. I mean, if there’s none there, you don’t even have to think about it. No need to worry about something that doesn’t even exist!
I find that when there are things in my life causing me heartache, removing them usually solves the problem. Headaches, ants, hole-y socks, garbage, Justin Bieber music. The solution is to just remove those things as far away from my life as possible. Why can’t it be the same with money?
“But Jake, how do we do this? Don’t we NEED money to live?”
Luckily for you, I can unwrap this giant mystery here today, and everyone can leave here penniless and happy!
The Key To A Stress-Free Financial Life
So now that we all agree that removing money from our lives is the best course of action, let’s walk through the steps on how exactly to make this happen.
Send all money to www.iheartbudgets.net.
- Automate All Your Bills. The first step to ridding yourself of ever dealing with money is to just automate all your bills. Heck, might as well do it on credit cards to get you some free travel too! Whatever it takes to not have to think about money and live life as it should be lived: money free!
- Automate Your Budget For Necessities. Your bills are no longer a bother, they automatically pay themselves. Phew! Now it’s time to automate all other spending. Don’t let that grimy cash touch your perfect hands, gross! No, just hop on over to Mint.com, go to the “Budgets” section and create your budget to track all of your discretionary spending. You can then set email notifications for when you hit the budget limit on those items. No more thinking about money, just stay within your normal spending, and Mint will let you know as you hit your limit for a certain category. No thinking = no worries!
- Automate All Your Savings. Now that you have all your bills and spending taken care of, there’s all this leftover money still there, still mocking you, still stressing you out! Let’s get rid of it!!! First, setup automation on your bank account to send a set amount of money to your savings account for your savings buckets. Next, make sure you are investing up to your 401k match at work. Next, setup an automatic withdrawal to send money straight into your IRA at Vanguard. If you still have some leftover, put the rest toward your 401k for maximum tax benefit, and continued dollar-cost-averaging.
Phew! No more lost sleep thinking about your money, because it’s ALL FREEKING GONE! What a relief!
When The Money Disappears, So Does The Stress
It’s funny, but it totally works. When you don’t even have to think about the money, there’s no stress. As long as you have set out a plan to minimize wasted spending, and maximize valuable saving, you can enjoy life MUCH more!
So go ahead, get rid of all your money. Everyone’s doing it. Except, instead of blowing it on a hybrid car, save your way to financial freedom instead 🙂
Also, you can go check out Eric’s take on this over at LifeHacker.com where he featured this post.