This post brought to you by BB&T. The content and opinions expressed below are that of Your Modern Dad.
“Bye guys… see you tonight.” I said as I was running out the door, at 7:05 am, every morning. Working for a finance company for eleven years had it pros, because on year #12, I resigned from my job at the office and started my new one, working from home. Now, at 7:05, I say the words “Good morning, guys! Who is ready for breakfast?” It’s a whole new ballgame.
I won’t say that I didn’t gain a lot from those years, because if it weren’t for those years in that office, I wouldn’t be where I am. When we were thinking about whether or not I should work from home, we thought about my experience. My new ‘job’ at home was going to be to run the financial side of our business. I had a few tools up my sleeve and I was ready for the job… and all of the adventures that came along with it.
Now, as I am working on my second year from home, I have started teaching others how to manage the finances in a business from home. I have started using U by BB&T to track our spending and savings. I have started setting work hours while I was at home… and I have started coaching the kid’s sports. Literally a win-win in all areas!
I rely on three things (thankfully, U makes them all pretty simple):
1. Always store your receipts.
This was really hard for Becky. Even with her job as a therapist, she buys toys that she uses for her clients (ages 0-3) and forgets to save the receipts. I have set up a simple system for her. She has a place to put them every day and I go through them every week. Sometimes she just sends a picture to U. It is easy to track and easy for her to remember to save them. To track the receipts on U, just upload pictures of them or have them emailed from the merchant to your account.
2. Be sure to track your budget.
This is easy for us to do in U by BB&T. It’s a mobile banking experience, but so much more. It lets you customize your banking dashboard (even the colors), it has great tools & features, too, that go beyond ordinary banking. It will allow you to see what you are spending your money on (is it on meals, etc… we even use it for personal use. It looks like a pie chart so you can see exactly where you are spending your money.)
3. Remember to set your savings goals.
For Becky and I – our goal is simply live debt-free and send our four kids to college without debt, as well. You can set goals around how much you want to spend and save with U. We can view all of our accounts (even outside of BB&T) with U, so we know how well we are doing at staying on track with our goals.
Click here to Learn more about U (or if you are already on U, you can schedule an appointment with a banker easily (instead of going in & waiting) to set some more of YOUR financial goals.)