In this episode Mark discusses a strategy for automating your finances. Using his personal experience, he explains how setting up systems for automatic deposits, payments, and savings can help achieve financial goals and provide for a stress-free financial future.  He delves into the specifics of using a core cash management account and provides a step-by-step automatic cash flow process for both working individuals and retirees. Mark emphasizes the importance of monitoring financial transactions and maintaining a buffer.  If you would like your question answered on the show, please send an email to [email protected] and put “podcast question” in the subject line. Episode Links: Watch this Episode on the YouTube channel Cash Flow Automation Flowchart - Working Cash Flow Automation Flowchart - Retired Fidelity Cash Management Account vs. Schwab Investor Checking Timestamps: 00:27 Automating Your Finances: A Deep Dive 01:50 Choosing the Right Cash Management Account 02:38 Schwab vs. Fidelity: A Comparison 06:39 Setting Up Your Paycheck and Savings 13:58 Automating Bill Payments and Credit Cards 18:19 Managing Finances in Retirement 22:33 Tax Withholding Strategies 23:46 Roth Conversions and Tax Planning 26:09 Managing Estimated Taxes and Bill Payments 35:48 Automating Cashflow in Retirement 38:25 Final Thoughts and Recommendations