Short answer? Absolutely! Every minute you spend organising your money could save you hours, dollars and tears in the long run.
Five benefits of organising your money
- Better relationships
It’s no secret that financial troubles can be hard on your relationships. Playing the blame game and having different ideas about spending priorities results in everything from constant arguing to divorce. Being on the same page about your money goes a long way to maintaining harmony in the home.
- Better health
Organising your money can improve your mental and physical health. Research shows that finances have a significant effect on stress. Stress doesn’t just feel unpleasant, but can be fatal. Stress contributes to heart disease, stroke, depression, and obesity. Sorting out your money could extend your longevity and improve the quality of your life.
- Better parenting
Teaching your kids the basics about money creates a culture of financial literacy and accountability. This extends into adulthood. A child who can make wise decisions about money is more financially independent and less reliant on you for help. Don’t count on schools to teach your kids what they need to know. Passing on your wisdom may be one of the most valuable investments you could make!
- Better control
Organised money creates better control by allowing you more choices in life. Being enslaved by debt, or simply working to pay the bank, limits how you live your life. When you’re organised and you’ve been proactive, you have the flexibility to be spontaneous, change career and choose the school you want for your kids.
Where do you start?
Begin by making your money more visible. It’s difficult to see your big picture when you have your wealth scattered across different accounts, financial institutions, your super and investments. A good place to start is to get it all into one space where its easy to view and manage.
Organising your money made easy
PictureWealth makes organising your money easy. Your membership gives you a 360 view of all your money, helps you understand it and optimise it. You get to interact with your net worth, transactions across all your accounts, spending trends, savings goals, investments performance and budget all on one dashboard. Objective insights and customised advice give you clarity on your big picture.
You can stop the chaos of navigating endless paper trails and enjoy a new, streamlined financial world. Take control and watch amazing things happen!