Your Financial To Do List
Would you like to finally get your finances in order? Follow these easy instructions to improve your financial life:
A. Find supplies. Gather or buy 11 hanging files, a box of manila folders and a portable file box.
B. Label the hanging files:
* Checking & Savings
* Credit Card Debt
* Family Will & Trust (If you don't have one, put this on your to do list.)
* Home Mortgage
* Insurance (life, health, car, jewelry, etc.)
* Kids' Accounts
* Liabilities (any bills such as a car loan)
* Non-Retirement Accounts
* Retirement Accounts
* Social Security
* Tax Return (most recent)
Then place the tabs along the left side of each hanging file. Put these in your portable file box.
C. Specify. Using your manila folders, label a folder for each account. For example, in your Credit Card Debt hanging file, you'll have a manila folder for each credit card.
D. Look at your planner. Schedule a time to begin collecting information for your financial files. If you're very pressed for time you might want to fill one file every day or every week.
E. Take the next step. List all your assets and liabilities. Then make an appointment with a financial planner to finish putting your financial life in order.
from Need More Time? Newsletter February 21, 2013 www.ineedmoretime.com/
Not by might, nor by power, but by My Spirit says the Lord of hosts. Zechariah 4:6 NKJV