Skip to main content

3 Ways Technology Can Be Used to Improve Your Personal Finances

Information Technology Blog - - 3 Ways Technology Can Be Used to Improve Your Personal Finances - Information Technology Blog

With the new year fast approaching, now’s the time to start considering what changes you are going to make in 2020. If you’re stuck for ideas, why not go for an old and reliable resolution — improving your personal finances.

By resolving to take on this challenge, come this time next year, you could very well have earned and saved yourself a fortune.

Fortunately, thanks to technology, you need not take on the task of improving your personal finances alone. To uncover three ways tech can be used to improve your personal finances, be sure to read on.

Make Use of Online Banking

If you haven’t yet taken the plunge and decided to embrace online banking, you are missing out on the opportunity to improve your personal finances. Once opened, an online banking account will provide you with instant access to all of your accounts in one place and at all times. This will allow you to keep a tighter grip on your spending; it will grant you direct control over your transactions and it will help you fight fraud should this form of criminality ever impact you.

Some other benefits of online banking include:

  • The convenience of making payments and saving money on the go
  • Lower banking fees
  • Higher interest rates
  • Paperless statements
  • Automated alerts regarding your account
  • Advanced levels of security

Read Financial Articles on the Web

The Internet is full of helpful articles relating to personal finance… all you need to do is unearth them and then give them a read.

DisputeBee, for instance, offers comprehensive pieces of advice on the matter of how to fix your credit. This advice includes:

  • The ins and outs of credit counseling
  • Advice on how to start building credit without a credit history
  • Assistance when it comes to understanding financial jargon
  • Information pertaining to FICO scores

Use a Net Worth Calculator

Determining your net worth is one of the best things you can do in your quest to improve your personal finances. Once determined, this amount will provide you with a comprehensive insight into your current financial situation — you’ll know what you can and cannot afford and you’ll gain an insight into the overall value of your assets. With this information at hand, you will then be able to develop realistic financial goals for yourself going forward.

You also don’t have to worry about spending hours scrawling through your financial books and records in order to determine your net worth. A simple Google search of ‘net worth calculators’ will pull up a host of helpful and free-to-use calculators that can be used at any time. To ensure that your net worth is calculated correctly in this instance, you must input the following information into your calculator of choice:

Assets

Liabilities

  • Mortgages
  • Consumer debt
  • Personal loans
  • Students loans
  • Auto loans
  • Other forms of debt

By using the forms of technology listed above, you’ll be sure to improve your personal finances in no time.

Republished by Blog Post Promoter

The post 3 Ways Technology Can Be Used to Improve Your Personal Finances appeared first on Information Technology Blog.



Udimi - Buy Solo Ads from Information Technology Blog https://ift.tt/37I4iUT
via IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

9 VCs in Madrid and Barcelona discuss the COVID-19 era and look to the future

Spain’s startup ecosystem has two main hubs: Madrid and Barcelona. Most observers place Barcelona first and Madrid second, but the gap appears to close every year. Barcelona has benefitted from attracting expats in search of sun, beach and lifestyle who tend to produce more internationally minded startups. Madrid’s startups have predominantly been Spain or Latin America-focused, but have become increasingly international in nature. Although not part of this survey, we expect Valencia to join next year, as city authorities have been going all-out to attract entrepreneurs and investors. The overall Spanish ecosystem is generally less mature than those in the U.K., France, Sweden and Germany, but it has been improving at a fast clip. More recently, entrepreneurs in Spain have moved away from emulating success in pursuit of innovative technologies. Following the financial crisis, the Spanish government supported the creation of startups with the launch of FOND-ICO GLOBAL, a €1.5 billi...
Post a Comment
Read more

How to Stay Creative and Keep SEO in Mind

Information Technology Blog - - How to Stay Creative and Keep SEO in Mind - Information Technology Blog Search engine optimization (SEO) refers to customizing your website’s content to ensure that web browsers give your website a high SEO score. The sites with the highest SEO scores are featured on the search engine’s first page of search results for relevant searches.  71%  of the click-throughs happen with articles listed on the first page of results on the search engine. This means that if your website’s article is the second (or third, or fourth page), it’s less likely the search user will even see your article. You want your article to be ranking as close to the top of the first page of results as possible. In order to have a good SEO score your site’s content needs to feature keywords and relevant phrases. It must be optimized for easy navigation between pages. It also needs to be referenced via external links that drive traffic to your site. Incorporating all of t...
Post a Comment
Read more

Everything we know about HHS Protect, a secretive government project with Peter Thiel's Palantir that helps brief Trump's coronavirus task force

A secretive project at the US Department of Health and Human Services is working with technology companies to collect and analyze data related to the novel coronavirus .  Dubbed "HHS Protect," the effort tracks information from around the country about coronavirus case numbers, hospital capacity, and even supply chain issues.  HHS uses Palantir Technologies , a data firm cofounded by Peter Thiel, to distill that information for the White House coronavirus task force. Visit Business Insider's homepage for more stories . A secretive project at the US Department of Health and Human Services is working with technology companies to collect and analyze data related to the novel coronavirus.  Dubbed "HHS Protect," the effort includes roughly 2.5 billion pieces of data from healthcare providers, government officials, and labs around the country about coronavirus case numbers, hospital capacity, and even supply chain issues.  The goal is learn about the progress...
Post a Comment
Read more