Weathering the Storm

Post date: August 20, 2023 1:00 PM

Weathering the Storm:

The Benefits of Automating Your Personal Finances

Today we are facing the first hurricane warning for my area of Southern California. As the winds howl and the skies darken with the impending arrival of a hurricane, the last thing you want to worry about is managing your personal finances. Natural disasters like hurricanes can disrupt our lives in numerous ways, from power outages to evacuation orders.

In these trying times, having your financial matters in order can bring a sense of security and peace of mind. One effective way to achieve this is by automating your personal finances. In this blog post, we will explore the benefits of automating your financial tasks during big storms or other natural disasters, ensuring your financial stability even in the midst of chaos. 

**1. Continuity in Bill Payments

When disaster strikes, it's easy to lose track of important due dates and payments. Automating your bill payments ensures that essential expenses like utilities, rent or mortgage, and insurance premiums are taken care of on time. By setting up automatic payments, you can avoid late fees, penalties, and the stress of juggling multiple payments during an already stressful time.

**2. Emergency Fund Contributions

An emergency fund is a crucial safety net during uncertain times. Automating regular contributions to your emergency fund ensures that you continue to build a financial cushion even when circumstances are challenging. This fund can cover unexpected expenses arising from the storm, such as repairs, medical costs, or temporary lodging if you need to evacuate.

**3. Investing and Retirement

Storms may be temporary, but your financial goals, such as retirement planning, are long-term. Automated contributions to your retirement accounts and investment portfolios ensure that your financial future remains a priority. Consistent investing, even during tumultuous times, can potentially yield significant returns over the years, helping you recover from any financial setbacks caused by the disaster.

**4. Minimize Financial Stress

Natural disasters are stressful enough without the added burden of managing your finances manually. Automation eliminates the need to worry about due dates, account balances, and financial transactions during an already overwhelming period. This peace of mind allows you to focus on more immediate concerns, such as ensuring the safety of your loved ones and protecting your property.

**5. Swift Access to Funds

During emergencies, having quick access to funds is essential. Automating transfers from your main account to a readily accessible account ensures that you have immediate access to cash for essential supplies, repairs, or evacuation expenses. This proactive approach can be a lifesaver when time is of the essence.

**6. Track Spending and Budgeting

Automating your finances often comes with the benefit of tracking your spending and budgeting more effectively. Many automated financial tools provide insights into your financial habits, helping you identify areas where you can cut back or save. This information can be particularly valuable when you need to allocate resources wisely during a disaster.


As the skies darken and the winds pick up, having your personal finances on autopilot can provide a sense of stability and control during turbulent times. Automating bill payments, emergency fund contributions, investments, and other financial tasks offers numerous benefits, from ensuring continuity in payments to reducing financial stress. By taking proactive steps to automate your finances, you can weather the storm with confidence, knowing that your financial well-being is safeguarded even in the face of nature's fury.

Curious about how automation can work for you? Book a Meeting with Me via Calendly!  

After watching his Netflix series, I read I Will Teach You to B Rich by Ramit Sethi and learned that I already implemented his automation techniques in my money management. Personal finance works best when it's automated and boring. Setting up automation may not be enough. You might need coaching to stay on track or to get out of a bad financial situation. Contact me to set up a free coaching evaluation. How can I help you?

Coach Jeff Wagner has been a licensed mortgage loan originator, a personal banker, and a certified tax preparer. Call or text Jeff at 805-874-2829.

His opinions are not to be taken as health, financial, or investment advice but as motivation to start or continue your path toward success.