I Will Teach You to Be Rich: No Guilt. No Excuses. No B.S. Just a 6-Week Program That Works.

by Ramit Sethi

Link Your Accounts Now it’s time to link your accounts together so you can set up automatic transfers from one account to another. When you log in to any of your accounts, you’ll usually find an option called something like “Link Accounts,” “Transfer,” or “Set Up Payments.” These are all the links you need to make: ■ If you haven’t already done this, connect your paycheck to your 401(k), so it’s automatically funded each month. (I cover this in Do It Now: Setting Up Your 401(k).) ■ Connect your checking account to your savings account. ■ Connect your checking account to your investment account/Roth IRA. (Do this from your investment account, rather than from your bank account.) ■ Connect your credit card to any bills you’ve been paying via your checking account. (And if you’ve actually been paying bills by writing checks with a pen, please understand that man has discovered fire and combustible engines and join our modern times.) For example, if you’ve been paying your cable bill by check each month, log in and switch it so that the bill is paid by your credit card instead. ■ Some bills, like rent and loans, can’t be paid using a credit card. Link these regular bills to your checking account. (Do this by logging in to the company’s website and initiating the transfer from your checking account to the company.) ■ Set it up so that all your credit card accounts are paid from your checking account. (This is set up from your credit card’s “Transfer” or “Link Accounts” page.)