Managing your finances doesn’t need to be complicated or take a lot of time. Here are some tips and tricks to make money management easier.

• Keep the number of bank accounts to a minimum
• Hold 1 or 2 credit cards (choose widely accepted cards) – get rid of the rest
• Set up direct deposit for income
• Set up automatic savings plans
• Increase loan and mortgage payments to repay debt faster
• Choose your bank, amalgamate your business and build up a relationship with a banker
• Set up a filing system for your monthly bills, statements and documents
• Establish an envelope to collect income tax documentation for the current year

A few simple things to make your life easier and minimize the amount of your time spent managing your money.