How to Set Up Automatic Payments

Mike was talking about the Mason jar approach and setting up automatic payments. The idea is each fortnight when you get paid, money will automatically get split into the different bank accounts without you touching anything. To go to the next level, in that fixed expense account, you want automatic payments or direct debits flying off for each of those bills. And then you never, ever have to touch your fixed expense account - it's just making it easy.