Part 8/9:
The final month brings automation into play, tackling decision fatigue—a phenomenon where the quality of decisions decreases after a long day of choices. Implementing a system where savings, investments, and bills are automated can streamline your financial management, removing stress from routine decision-making.
Set up automatic payments for bills and direct debits for recurring expenses to avoid missed payments and late fees. Automate transfers to savings and investment accounts, essentially "paying yourself first" before allocating funds to daily spending.