The Power Of Automating Your Finances

Automation is a smart way to take the stress out of managing your money. Financial journalist Jessica Sier explains how to make it work for you.

By Jessica Sier

Wealth

Automation is a smart way to take the stress out of managing your money. Financial journalist Jessica Sier explains how to make it work for you.

By Jessica Sier

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‘Freestyle chess’ is the practice of using bots to help strategise in chess games. It’s an absurd idea, but kind of a brilliant one. Introducing a machine to compute, unravel and predict patterns within split seconds really ups the ante. Especially while you just have to think about big picture strategy and your opponent’s strategy.

Computers are terrific at some things. And humans are terrific at some things. One thing computers can do really well is monitor your money while you’re off thinking about other things. Big picture things. Let’s take a look at the power of automation and how to apply it to your savings strategy and your investment strategy.

Jessica Sier is a financial journalist who currently heads up the content strategy at Spaceship, an investing startup. Prior to that she was a reporter at the AFR where she discovered that breaking down financial jargon was a public good.

This report contains general advice. It does not take account of your individual objectives, financial situation or needs. You should consider talking to a financial planner before making a financial decision.

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