Technology has evolved and continues to evolve at breakneck speed. If you want to see an example of this, just look at the different computers you’ve bought over the years. Look at your different cell phones that you’ve purchased, even the music players that you have. Chances are you have a wide array of devices that (hopefully) got progressively less chunky and unwieldy as time went on. Just like these pieces of technology have impacted your life forever, so too has technology evolved the world of personal finance.

In this post, we’re going to take a look at four ways that technology has evolved personal finance. Let’s get started.

1) Online Banking

No more do you have to deal with losing bills in your stack of mail or missing a payment. With new technology has come new safeguards. If you register your email address with the banking service you’ve downloaded on your smartphone, you can register for email reminders. You can also cut out the middleman and simply enroll in autopay in order to forget about worrying over this altogether.

Another positive aspect of technology revolutionizing the online banking process is added security measures. With certain online banking apps, you can even set the app to only open with your fingerprint.

2) Paying Bills

Let’s face it–having to deal with physical bills that you send and receive in the mail is a pain. It doesn’t have to be that way, though. With online bill paying apps, you can expedite the entire process of paying your bills. Not only can you pay those bills online, you can also schedule them for a future date to make the process even easier for you. This way you can schedule all of your bills to be paid on the same date so that you don’t have to bother with several different due dates per month.

3) Earning Money

While most people get all of their income from a 9-5 day job, this isn’t the only way that you can make a living. For aspiring writers, there are plenty of sites out there that allow you to get paid for writing. You can also use Swagbucks to make a little extra on the side. The great part about this is that you can choose to do it on the side or you can turn it into a full-time gig depending on your time commitment.

4) Getting Paid

Here’s a question for you: Does your employer pay you with a paper check? Probably not. Most employers nowadays will remunerate you with direct deposit or something similar like a pay card.

Even if you’re working for yourself, you can depend on applications like PayPal to expedite the process and make it easier on both the payer and the payee. This way, you can focus more on getting the job done than on worrying about how you’re going to get paid for said job.

Technology has evolved and continues to evolve at breakneck speed. If you want to see an example of this, just look at the different computers you’ve bought over the years. Look at your different cell phones that you’ve purchased, even the music players that you have. Chances are you have a wide array of devices that (hopefully) got progressively less chunky and unwieldy as time went on. Just like these pieces of technology have impacted your life forever, so too has technology evolved the world of personal finance.

While this list isn’t exhaustive, it should show you some of the ways that technology has evolved personal finance as well as online cash loans. We can see that there are many irreversible changes that have been made to the personal finance system, to the point where most are not willing to go back to the old system once they’ve tried out the new. It’s by using these new systems that personal finance evolves.