Online Resources That Can Help You Swiftly Organise Your Finances

By admin, April 10, 2016

Our finances are our bread and butter, the feature of our lives that makes everything tick. With taxes, cheques, loans, credit and mortgages, the whole thing can become slightly overwhelming. So, just what can you do to help yourself help your money?

The online space is a wonderful tool with many assets. This means there are no shortage of ways to pull your money organisation together, and here are but a few of them.

1. Online and mobile banking

It’s surprising to learn that so many people still aren’t banking online. In fact, in a relatively recent survey, it was revealed that only 51 percent of adults bank online regularly. What about that other 49 percent?!

There are certain stigmas surrounding online banking, and they’re understandable. They are generally believed by the older generations, and most of them are concerned with security risks. And while it’s true that online banking is as safe as you make it, it’s far more beneficial that just using a branch.

You can send and receive payments, check statements and open new bank accounts in minutes. In fact, it takes mere minutes to open a brand new bank account from the comfort of your laptop – I can attest to that. So, if you aren’t banking online or on the go yet, consider it. It could be the solution you need to better organise your money.

2. Receive financial supplies with the click of a mouse

The rise of online shopping and giants like Amazon has made it pretty easy to find a wide range of commodities on the internet. You can now order cheques online, buy bank books and even browse for credit and bank cards, to arrive within days. It sure beats the old-fashioned method of strolling down to your local vault and requesting some documents.

Part of the solution to organised financials is saving time. Just like online banking in point number one, you don’t have to lift a finger with the online space. You can order everything you need and check your bank statement within two minutes, while watching Game of Thrones.

3. Tracking income and expenses with ease

As many self-employed contractors and business owners will attest to, tracking finances is difficult. With the latest news that could see the introduction of a quarterly tax return, it’s never been more important to watch our money.

Luckily, it’s simple to do so. A service such as Google Sheets is a cloud-based spreadsheet creator, that can tot up your daily, weekly and yearly earnings with ease. What’s more, you can access it anywhere that has an internet connection, from the airport to the library.

4. Send invoices quickly and hassle-free

Jumping back into self-employment, businesses around the world will have heard of the dreaded invoice. If you forget to send it, you don’t get paid. It can be a hard document to organise, especially if you’re owed a lot of different amounts of cash. If your business wants to make money, you’ll need to use these documents every week – but how to do so efficiently?

Well, luckily, the internet is here to help. Using an online invoicing tool you can even schedule invoices to go out on certain dates. You could even line up your invoices for the next month, or two months. Additionally, like Google Sheets, many of these systems are cloud-based, so you can update them and send from anywhere.

Hopefully these tips have helped you somewhat. Our money is our most precious commodity, so give it the attention it deserves!