I gave an important tip on the Get Started portion of this site that will be highlighted again.
It’s not about just living within your means; it’s about living below it. That's the big secret. The road to financial independence begins with making sure you are spending less than you make... like way less.
Luckily, we live in a day and age where technology makes it a much simpler process to get a handle on finances.
There are tools all over the internet that aim to assist you with managing your money.
So, what makes RaZin Standards’ tools so special? I’ll explain:
We'll start with the simple reasons. Many personal finance apps request to have direct access to your bank account. You give away account numbers, routing info, and bank passwords all for the sake of organizing your money. Many companies aim to reduce those security risks, but why risk it at all? With the RaZin Standards tool, you can keep those account numbers and passwords to yourself :)
No Excel Software Needed
People’s skills can range from novice to expert when working in excel. For some, you are still looking at that Microsoft license that expired right after college… (looks in the mirror). For others, excel can become flat out overwhelming to use. Good news is that no excel software is needed to use these tools. They are web-based applications compatible with Windows PC and Mac OS X computers/laptops, and tablet. Some tools are also mobile friendly.
Many personal finance apps gather data from your transactions and develop pie charts, pictures, and graphs at the end of the month showing you your spending habits compared to the previous month. That’s cool… but wouldn’t it be cooler to take control of your finances before you’ve already done all the spending? Ha, I thought so too.
The RaZin Standards tools require you to be proactive and hands-on about your approach. Logging your bank into a finance app, looking at the statistics for a moment, logging off, and then going about your day… isn’t going to cut it. Remember the goal is being in control of your finances! The more you actively learn about what your spending habits are and take steps to make adjustments, the more it will feel like a natural habit within your (daily, weekly, or monthly) lifestyle.
Luckily again, these tools here assist with monitoring those habits in the moment. The RaZin Standards tools are fully automated to alleviate the stress of mathematics/calculating digits, flipping through pages of numbers, and switching back and forth between apps and web browsers. The tools are amazing for keeping track of incomes/bills/loans/savings, etc. and allocating money where you see fit. They provide flexibility from month to month, to allow you to tailor your spending limits as your spending habits evolve over time.
These tools follow a method similar to zero-based budgeting, a system for allocating every single dollar of your money toward a particular category (life expenses, bill/loan pay, travels/ leisure expenses, savings, the list goes on). The difference, however, is if a portion of your income goes “unbudgeted” or unspent, the RaZin Standards tool will automatically allocate that extra money to your savings which rolls over from month to month.
The RaZin Standards tools are far from just simple money trackers/organizers. When paired with consistency and accountability, these tools pave a pathway toward the goals you are striving to achieve.