TECNICA DEI 3 CONTI 2024 - Fai esplodere le tue finanze nel 2024

Summary

In this video, Don Maglio shares his financial management strategy for the year 2024, focusing on the 'three accounts' technique. He emphasizes the importance of organizing finances through a main account for income, a savings account with Tineba, and an account for investments and living expenses using Revolut or Hype. He also highlights the necessity of an 'entertainment' account for discretionary spending and a separate account for tax savings. The video provides practical advice for optimizing cash flow and achieving financial balance.

Takeaways

• 📈 The speaker, Don Maglio, uses the 'three accounts' method to manage personal finances effectively.
• 💰 The primary account is where all income is received and should have free transfers and automation features.
• 🏦 The primary account is used for essential expenses such as rent, bills, and car payments, ensuring a streamlined financial management.
• 🚀 Automation is set up to pay the rent and bills without manual intervention, simplifying the payment process.
• 💹 A secondary free account is used for savings, with the speaker choosing TINABA for its benefits and no account fee.
• 📊 TINABA offers free current accounts and the option to open high-interest savings accounts, making it a recommended tool for managing savings.
• 🍽️ A third automatic transfer goes to a dedicated account for food expenses and investments, with Revolut or Hype being preferred for their features.
• 🧩 The speaker emphasizes the importance of investing a consistent amount each month, using Scalable Capital as an investment platform.
• 💳 A fourth account is used for leisure spending, with Revolut card chosen for its worldwide ATM withdrawal capabilities.
• 💡 The speaker highlights the necessity of having a separate account for tax payments, especially for self-employed individuals.
• 📈 The 'three accounts' method has evolved to include four accounts to accommodate different financial needs and goals.
• 📊 The speaker's approach to personal finance is about balance, optimizing cash flow, saving, investing, and enjoying life without neglecting responsibilities.

Q & A

What is the main purpose of the video?

The main purpose of the video is to explain how the speaker, Don Maglio, has revolutionized his personal finance management using the technique of the three accounts.

What are the types of expenses that Italian families typically face?

Italian families typically face fixed expenses such as mortgages, rent, utility bills, and car payments, as well as discretionary expenses like gym memberships and social activities.

Why is it important to save a small percentage of our salary?

It is important to save a small percentage of our salary to create an emergency fund or to have some money set aside for unexpected expenses, such as the January gas bill.

What are the two fundamental characteristics that the main account should have?

The main account should have free bank transfers and should support automations, such as automatic payments for rent, utilities, and other recurring expenses.

Which account does Don Maglio use as his main account in 2024?

In 2024, Don Maglio uses the Hype Upgradato account as his main account.

What is the role of the savings account in Don Maglio's financial management?

The savings account, in this case, Tinaba, is used to accumulate savings and is one of the few free current accounts in Italy without a stamp duty, with the tax being covered by Tinaba itself.

How does Don Maglio manage his investment account?

Don Maglio uses a platform called Scalable Capital for his investment account and invests a consistent amount every month.

What type of account does Don Maglio prefer for his food expenses and why?

Don Maglio prefers a current account type like Revolut or Hype for his food expenses because it allows for easy management and calculation of monthly spending.

What is the purpose of the leisure account in the three accounts technique?

The leisure account is used for spending on entertainment and hobbies, allowing for enjoyment and quality of life without guilt, as it contains money that has already covered all major expenses, savings, and investments.

How does Don Maglio manage his taxes as a self-employed individual?

As a self-employed individual, Don Maglio uses a separate account, Easybank, to accumulate 25% of each invoice received to cover the taxes due for the following year.

What additional advice does Don Maglio offer for those interested in the three accounts technique?

Don Maglio offers a free, in-depth guide on the three accounts technique for those interested, which can be accessed by following him on Instagram and sending a DM with the word 'guide'.