My Weekly Funding Time Helped Me Accomplish 3 Scary Financial Tasks

  • “Finance for the People” is a new book on personal finance that actually addresses systemic injustice.
  • In the book, financial expert Paco de Leon recommends scheduling weekly financial time.
  • I tried it for a month and it helped me file my taxes and change my name in my bank accounts.
  • Read more stories from Personal Finance Insider.

It hurts to hear personal finance experts give tips to cut back on your morning coffee to save enough money

The first batch

on the house without taking into account how much the cost of living has changed for millennials and the Zerz generation in particular, especially after the devastating financial effects of the pandemic.

Enter: “Finance for People: Take Control of Your Money” by Paco de Leon, an exotic Filipino expert and former financial planner. In the book, de Leon addresses the systemic grievances that affect our relationship with money and then offers readers relevant advice on how to achieve “financial awesomeness” within that system.

Before getting into the nitty-gritty of paying down debt, saving for an emergency fund, and building wealth through investing, the first thing De Leon does is schedule a weekly financing appointment. Weekly financial time is 30 minutes to 1 hour each week for personal finance tasks such as checking your monthly subscriptions or calling you

car insurance

Provider to see if you qualify for a lower rate.

For people like me who have experienced financial shock in the past, it’s easy to allow money-related tasks to turn into bigger problems over time. After reading the book, I schedule my weekly financial time for one month, and it has helped me with these 3 dreaded personal financial tasks.

1. tax file

I spent weeks worrying about my taxes because I recently went through a legal gender confirmation name change. After reading Finance for People, I felt like I had a cheerleader in my corner who knew what I was struggling with. I committed to paying my taxes for an hour at a time, and was shocked at how little time it actually took.

In 2021 I had a mix of freelance work and full time income. I had to collect W-2s, 1099s, and other documents to get ready to file my taxes efficiently. It only took an hour and a half to organize, and another half an hour to file my taxes through H&R Block.

2. Tell service providers about changing my legal name

The most difficult personal finance job is related to changing my legal name. Changing my name was one of the best and happiest decisions I’ve ever made, but navigating the bureaucratic processes is terrifying for me. On the phone or in person, customer service reps always make me feel like I’m cheating on their system, or that my life experiences are simply uncomfortable for them.

I used my lunch break on Wednesday to make those phone calls. In a way, setting a specific time on my calendar to tackle an emotionally loaded personal financial task made all the difference.

3. Go to my state’s disability office

I had sex-confirmation surgery in November, but I haven’t been paid yet for the time I got off work. I had to fight to get my medical clearance checked in person at the state disability office.

I scheduled an hour out of my weekly financial time to take care of this, but waiting in line took two and a half hours. There were nearly 100 people waiting in line to speak to three customer service representatives about the disability and medical fee.

Just like filing my taxes and calling my service providers, scheduling a specific time to do the job helped me prepare mentally and emotionally. I even brought the book with me to read while I was waiting in line, which made me feel less alone.

What I value most about Finance for People is its ability to meet the reader wherever they are on their financial journey. Some people need help choosing a retirement or savings plan for their first home, but others still need encouragement to build a sound financial foundation.

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