What it Looks Like to Be Financially Organized

September 25, 2017

what it looks like to be financially organized

Everyone agrees that being financially organized makes managing money a whole lot easier. But how do you know where to begin?

If you’re wondering what goes into being financially organized, you’ve landed in the right place. Not too many people are overly enthusiastic about setting aside time to go through all their financial documents to create a system of organization. That being said, being financially organized can certainly alleviate a lot of the stress and uncertainty that may accompany your financial life.

With a little time and clear direction, you can get your finances organized painlessly. Here’s what being financially organized looks like and how you can start implementing these behaviors today.

The Four Steps of Good Financial Organization

Here are four tips for good financial management. Follow them and you’ll finally have the proper control over your financial life with these smart money habits.

  1. Track Your Spending. A person with their finances in order tracks their spending. They record every dollar they spend, no matter how small the transaction is. Being financially organized requires that you know where your money is going. In fact, once you establish a good cash flow management system, you’re more likely to direct your future dollar bills rather than track them after the fact. This might be the most fundamental practice of good financial organization. Everything else flows from knowing where your money goes on a weekly, monthly, and yearly basis. If you don’t track your spending carefully, it makes it challenging to stick to a budget, reach financial goals, or make necessary adjustments when something unexpected happens.
  2. Live Within Your Means. Financially organized people create a budget and stick to it. They know how much money they have coming in, where it’s going, and maintain a monthly budget accordingly. Once you’ve tracked your spending for two or three months, making a budget that effectively covers your fixed expenses, prioritizes your long-term savings goals, and accounts for short-term needs and wants is much more intuitive.
  3. Automate Finances. When you have a strong system in place to track your money and and live within you means, you can start automating some of your finances. Automating your finances can save you time and streamline your regular activities. Good money managers have a detailed system for paying bills and saving. They can set up automatic bill pay through their checking accounts or credit cards to cover monthly expenses, as well as automatic deposits in to savings accounts toward retirement and other financial goals.
  4. Communicate Often. Lastly, while financial organization may fall to one person to maintain, it shouldn’t be a one-person job. Those who are financially organized are able to communicate often with other members of the household and help keep everyone on the same page.

The Important Job of Financial Organization

Having your finances organized is an important part of managing and increasing your wealth.

If you want to increase your wealth, it’s within your best interest to get your finances in order as soon as possible. It’s amazing what this level of organization can do for your financial well-being.

Good financial organization means knowing where your money is and where it’s going. It also means paying your bills on time and avoiding unnecessary penalties and interest payments.


Now that you know what some of the habits of financially organized people are, it’s time to start following their example. That means starting today, not tomorrow or next week.

If you want the benefits that financially organized people gain by keeping their money in order, then start doing what they do right away. It won’t take long before you begin to see the fruits of this necessary labor. Once you do begin to see the increased wealth and stability that good financial organization can achieve, you’ll wonder why you didn’t start working towards it sooner.

Most Recent Episodes

How to Win With Money in 2023!

Financial resolutions are always near the top of the list of Americans’ most popular New Year’s resolutions. Whether you want to save and invest more, pay off debt, or have other financial goals, we will give you the tools you need to win with money in 2023.   In this...

TikToks That INFURIATE Financial Advisors

The most powerful time to get serious about building wealth is when you’re young. So, what is the younger generation learning? Financial Advice (good and bad) is being produced in massive rates across online platforms and TikTok is the new frontier. Is there good...

5 Levels of Wealth AND How to Achieve Them! (2023 Edition)

We believe there are five distinct levels of wealth, but they aren’t solely dependent on income or net worth. We’ll walk you through each of the five levels - including how to know where you are at, how to advance to the next level, and signs you are doing it right.  ...

Average Net Worth By Age in 2023!

It’s time for one of our most anticipated shows of the year: our annual Net Worth By Age show! In this year’s edition, we’ll shared updated numbers and data for 2023 and discuss the most important things for you to focus on in each decade.   In this episode, you'll...

Win Financially During a Recession! (Everything You Need to Know)

The bear market we've experienced in 2022 has been longer than many in recent memory - and some are concerned that the economy may soon enter into a recession. Here's everything you need to know to stay on-track and win financially during a recession!   In this...

The Fed Just BROKE the Car Market! (What You Need to Know)

Car prices have been on a rollercoaster ride the last few years, and it looks like they might finally be coming down. In this episode, we’ll discuss what you need to know about the current car market, pitfalls of buying a car, and how to do it the right way.   In this...

Top 4 Money Mistakes People Make During the Holidays!

There’s a reason why financial resolutions are always near the top of the list in January - many Americans spend the holiday season making financial mistakes. In this episode, we’ll discuss the top money mistakes people make during the holidays and how to avoid them....

Financial Advisors Share What They WISH They Knew About Money Earlier!

Have you ever felt like if you just knew this one thing about money earlier your finances would be in a better spot? In this episode, we’ll share the five biggest things we wish we knew about money earlier!   In this episode, you'll learn: What we wish we knew earlier...

Dave Ramsey vs. The Money Guy: Which Strategy is The Best?

Dave Ramsey has an incredible legacy of helping folks get out of debt and take control of their financial lives. We agree on a lot of things, but there are a few points of contrast. In this episode, we’ll discuss differences between The Money Guy Show and Dave Ramsey...

Top 4 Financial Mistakes We Saw This Year! (2022)

We saw some wild financial mistakes this year during the bear market. From making extreme changes to portfolio allocation, chasing the hot dot, and using too much leverage, we’ll talk about some of the biggest financial mistakes we saw in 2022 in this episode.   In...