RPC CPAs + Consultants, LLP (RPC) has merged with the nationally recognized accounting firm of Carr, Riggs & Ingram, LLC (CRI) and our offices will now operate under the name of Carr, Riggs & Ingram.
We will continue our tradition of community support and delivering quality audit, accounting, tax, and consulting services - now with enhanced service capabilities available from a regional firm that is one of the Top 20 firms in the U.S. For more informaiton regarding CRI's 50+ office locations, more than 1,800 professionals, or industry and service specializations, visit our new firm's website at www.CRIcpa.com.
Automate Your Savings
Many people that first come to me for help with budgeting and managing their finances have all kinds of automated payments going OUT of their checking accounts.
Television and movies services, car payments, student loan payments and even utilities are drafted whenever the company decides.
WHAT? You’re choosing to let people into YOUR account anytime THEY see fit? You know as well as I do that they don’t stick to the advertised dates, and that could set you up for an overdraft.
I don’t like that idea. I encourage you to be proactive and pay when you are ready to pay. Of course you’re going to pay on time, but only after you’ve carefully planned your monthly expenses.
Then, when I suggest setting up an auto transfer into savings each month, I am sometimes met with resistance.
There’s a huge difference with that auto payment. That’s money going IN to your account, not coming OUT. YOU are still in control.
So, be bold and set some new behaviors. Stop allowing everyone to transfer OUT and you start transferring IN to a savings account.
Even if it's just a small amount, it's a start and adds up quickly.