One of the hardest thing on financial management matter is to be able to stay on financial track all the time.
What I meant here is to periodically check and monitor the investment portfolio, diligently put aside money every now and then, and always keep the financial management spirit high.
These are not easy. But, it is a doable thing.
So, for this post, I will be sharing 4 ways to say on the financial track.
4 ways to stay on financial track
Here are 4 ways which I personally use to keep myself on financial track:
1. Apply the power of technology
I signed up online account provided by investment firms so that I can easily monitor my investment.
With this, I can log in anytime to check the status of my investment.
There are also other tools and apps to monitor investment. But I still prefer to use my simple spreadsheets to monitor my investment.
2. Utilize standing instruction or auto system facilities
I admit that it is hard for me to manually transfer a certain amount to my investment accounts, on a
Despite knowing this is important, but somehow, it is hard to be consistent.
So, I signed Standing Instruction (SI) to transfer a
I love this automation.
It is hassle-free, time-saving and most importantly, it consistently makes the transfer on time.
3. Reading, reading and more reading
We are human. Our mood and judgement are easily affected by our emotion.
When I feel like I am lagging on a
4. Engaged with others with similar motive
I realised that it is also important to surround myself with the like-minded people.
I learned a lot from other personal finance bloggers and influencers too.
And most importantly, their success provided me with strong courage to continue with my own financial journey.
Final thoughts
Overall, the above are 4 ways I keep myself on financial track.
How about you? How do you motivate yourself to stay on financial track?
Feel free to comment and share your thought.
