I have played around with my finances for the past couple years and figured out a system that allows me to keep my money organized to stay on track for achieving my financial goals. I find that when my money is organized into different accounts, I am much more likely to use it for its intended purpose. These 6 accounts are the foundation for my automated financial system.

The 6 accounts I have are:
1. Checking account
2. Emergency savings account
3. Health Savings Account (HSA)
4. Long and short term savings accounts
5. Retirement account
6. Guilt-free spending account

Designating your money into different accounts will help you to automate your finances and build your rich life!

I’m not a financial expert or a financial planner; I’m just sharing what has worked for me!