Personal finance can be confusing even for ultra-organised people. But it doesn\u2019t have to be.\u00a0<\/p>\r\n\r\n\r\n\r\n
Spend a couple of days doing a \u201cspring cleaning\u201d for your finances. Way more fun than actual cleaning, you\u2019ll have a chance to reconnect with your money and see what you can be doing better.<\/p>\r\n\r\n\r\n\r\n
We have five tips to share to help you simplify your financial goals, save time, and save some money, too.<\/p>\r\n\r\n\r\n\r\n
It\u2019s so easy to do. You\u2019re on YouTube watching personal finance channels, or you\u2019re 14 articles deep in a cryptocurrency blog, and you\u2019re feeling the hype. It\u2019s ok. We\u2019ve all been there.\u00a0<\/p>\r\n\r\n\r\n\r\n
Money and investment are emotional for many people. So, the first thing you can do to simplify your financial outlook is to separate numbers from emotions. The second thing you can do is think about the long term. Making small investments in stable currencies and strong cryptocurrencies now may add up in the future.\u00a0<\/p>\r\n\r\n\r\n\r\n
So, what can you do now? Adopt the less-is-more policy. For example, instead of buying up the cryptocurrency that came out yesterday and rose 600%, invest in cryptocurrencies that have been around for a while and have less probability of falling out of fashion. That way, your investments will have more solid prospects for the future.\u00a0<\/p>\r\n\r\n\r\n\r\n
A little bit of risk can be good in finance, but if you find yourself chasing every trend, ask yourself whether the strategy is really serving you.<\/p>\r\n\r\n\r\n\r\n
Having a financial goal is excellent! Goals are great motivators that can help you change your financial situation and your life. But, unfortunately, it is possible to have too many goals. If you\u2019re working on six goals at once, you\u2019re less likely to get ahead with any of them. Then you\u2019ll end up getting stressed out. And stress makes you more likely to give up.<\/p>\r\n\r\n\r\n\r\n
So, don\u2019t stress! Instead, get picky. Make a list of your goals, dividing them into long-term and short-term goals. Then, take a day to think about which one is the most important to you in both timeframes. When you pick one short-term goal, you can focus on it with all of your energy. Then, when you achieve your first goal, you can move to another.<\/p>\r\n\r\n\r\n\r\n
Try to manage as many of the assets you have within just a handful of apps. Try to limit yourself to three apps or less. Why? Because having ten different apps means you\u2019ll spend ten times as much effort just keeping track of your portfolio.\u00a0<\/p>\r\n\r\n\r\n\r\n
Today\u2019s apps are spread out and specialised — built to handle one or two types of transactions really well. For example, crypto wallets do crypto super well, and P2P lending apps do transfers super well. BUT it\u2019s rare to find an app that does a wider variety of transactions\u2026 and does them well. That\u2019s one of the reasons Quppy was created. Quppy helps people manage multiple financial assets from one secure digital payment wallet, including USD, GBP and EUR, as well as fan-favourite digital currencies, like Bitcoin and Ethereum. Do your research and find an app you love and trust to handle a wider variety of assets. You\u2019ll save a lot of time and memory on your phone, too.<\/p>\r\n\r\n\r\n\r\n
Consider treating your savings like another bill if you\u2019re planning to save up for a milestone purchase or want to have some extra money in your savings account. In many countries auto-payments are common, and money is directly debited from your account to pay utilities, insurance, or other regular bills.<\/p>\r\n\r\n\r\n\r\n
But why shouldn\u2019t we set up an automatic self-payment? Set aside an account and set up a recurring transfer into it every month. Sit back and watch your money grow without any effort. Take this step even further by setting up a monthly auto-transfer into an appreciating asset or investment account.<\/p>\r\n\r\n\r\n\r\n
Wait a minute, didn\u2019t we say we were trying to simplify things?\u00a0 One great trick to help you reduce spending and use your money for goals (or whatever is most important to you) is to actually stop <\/em>making spending so easy by cutting down on subscriptions that aren\u2019t core bills like insurance and utilities.\u00a0<\/p>\r\n\r\n\r\n\r\n It seems like everything is a subscription these days. You can reorder goods and services without actually having to do anything. Your music and entertainment services are probably subscription-based. And it\u2019s super convenient, but the problem is you\u2019re not lifting a finger, and meanwhile, your money is leaving your bank account.\u00a0<\/p>\r\n\r\n\r\n\r\n The other hidden problem with subscriptions is once you sign up, they\u2019re easy to forget. And if you don\u2019t pay attention, subscriptions can add up fast. One month you\u2019re signing up for Spotify, then two years later, you suddenly have about 15 subscriptions! None of them is too expensive, but none of them is helping you reach your goals, either.\u00a0<\/p>\r\n\r\n\r\n\r\n Make a list of your subscriptions and see what you can cut out starting next month.\u00a0\u00a0<\/p>\r\n\r\n\r\n\r\n A lot of these tips ask you to make a list and consider what\u2019s most important to you. The practices of creating a financial inventory and prioritising are vital to having a smarter, simpler portfolio that does all the work for you.<\/p>\r\n\r\n\r\n\r\n Quppy is all about making life easier for people who hold multiple currencies, whether for business or personal banking. You can check out our payment wallet on Android and iOS here.<\/p>\r\n\r\n\r\n Sign up for our newsletter for more finance tips and product updates.<\/p>\r\n","protected":false},"excerpt":{"rendered":" Personal finance can be confusing even for ultra-organised people. But it doesn\u2019t","protected":false},"author":1,"featured_media":730,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,11],"tags":[],"class_list":["post-707","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-product_news"],"acf":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/quppy.com\/hi\/wp-json\/wp\/v2\/posts\/707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quppy.com\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quppy.com\/hi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quppy.com\/hi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quppy.com\/hi\/wp-json\/wp\/v2\/comments?post=707"}],"version-history":[{"count":2,"href":"https:\/\/quppy.com\/hi\/wp-json\/wp\/v2\/posts\/707\/revisions"}],"predecessor-version":[{"id":2586,"href":"https:\/\/quppy.com\/hi\/wp-json\/wp\/v2\/posts\/707\/revisions\/2586"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quppy.com\/hi\/wp-json\/wp\/v2\/media\/730"}],"wp:attachment":[{"href":"https:\/\/quppy.com\/hi\/wp-json\/wp\/v2\/media?parent=707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quppy.com\/hi\/wp-json\/wp\/v2\/categories?post=707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quppy.com\/hi\/wp-json\/wp\/v2\/tags?post=707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Small changes really add up<\/h2>\r\n\r\n\r\n\r\n
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