Millennials-Get it Together.
Why it’s Important to Take Control of Your Finances NOW
“I’ll do it when I’m older.” Newsflash: you are!
Yes my friends, the time has come for us 80s-90s babies to accept we are fully grown adults. We’re moving out of the house, getting married, having kids, and starting on our career journeys. It’s been a great ride, but it’s time to hone in on the things that matter.
Getting on that path towards your dream job feels great! You’re finally able to buy that house and get the car you’ve been wanting. But don’t let these wins fool you, you still have a long way to go.
Money makes the world go ‘round, and money is essential to sustain your new lifestyle. What are you doing to manage your money? You have enough cushion to swipe your card freely at the store, or punch the numbers in to make your Amazon orders (or so you think), but how is this setting you up for the future? It’s time to get it together and be financially responsible.
Ignorance is Bliss
Most of us feel if we have the money, we can spend it. We are so fixated on instant gratification that it’s become second nature to us. We usually don’t spend too much time thinking about what we’ve spent our money on because we’re already looking to purchase the next thing. But what if you could see exactly how you’ve spent your money? Would you regret purchases you’ve made? Would you be flabbergasted to see just how much you spent on fast food last month?
Yes. You would.
And there’s even more bad news. Remember that free trial you signed up for? No, you don’t because you just wanted one thing from that website and now you’ve passed the 30-day mark and you’re getting billed monthly now. And you probably did that with a million other websites too, and you have no idea how much money you’re losing because who has time to look at their bank statements anymore?
And how about those bills? You’re a responsible person who can pay your bills on time. You’ve set up auto-pay for your car insurance, phone bill, and cable. Way to go! But if you feel like you’ve got that checked off your list, are you thinking about ways you can save on the routine bills you’re paying? Probably not.
At this point, you’re probably doing a mental check trying to recall your latest purchases or thinking of checking your email for messages regarding current subscriptions. The more you think about it, the lighter your wallet feels. Not to worry! This is the part where I provide mental relief! (Finally, I know.)
Ta-Da!: The Solution
Truebill is your centralized hub to view your spending habits, manage your subscriptions, and more! This app gives you the ability to take control of your finances and gives you the insight to see exactly where your money is going.
How? There are 3 simple steps:
- Download the Truebill app
- Connect your accounts
- Take control
Truebill connects all your bank accounts and tracks how your money is spent. You can see how much money you’ve spent on fast food in general or at Starbucks specifically. Seeing the results may lead you to rethink your spending habits. You can set weekly or monthly budgets on the categories where you want to cut back on now.
And those subscriptions? Truebill can find them and allow you to manage them all at once! Here’s to saving your $3.99 from canceling your Amazon Music Subscription! (Seriously, Apple Music is a thousand times better.)
Get a step further by taking advantage of Truebill’s investment feature! Now that you’re saving money, let that money make you more money! You can use the app to manage investments fast and easy. It’s an optional feature, but come on, we’re big kids now.
There are also tools to help with managing savings, budgeting, and lowering your bills! Truebill will speak with companies to lower your bills by negotiating or removing unused services. Now that’s a HUGE help because I know most of us lack the patience to sit on the phone with the cable company all day.
So, there you have it. You can take your place at the adult’s table at Thanksgiving dinner with confidence because you know how to manage your finances! Maybe just don’t tell your grandparents how easy it was.
