Personal Finance


What Records Should You Keep for Taxes?

December 30th, 2010 BY Claire Moore

Basic Records for Taxes Basic records are documents that everybody should keep. These are the records that prove your income and expenses. If you own a home or investments, your basic records should contain documents related to those items. Here is a list of documents you should keep as basic records. FOR items concerning your…

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Create Your Balance Sheet

Finding the numbers to put on the Balance Sheet

December 30th, 2010 BY Claire Moore

Prepare your Balance Sheet monthly, quarterly or annually. Always use the last day of the month as your guide. If your bank statements don’t cut off on the last day of the month, contact your bank and ask them to do so and they will. Financial information is usually reported on a monthly basis so…

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Organize Your Home Filing System

December 30th, 2010 BY Claire Moore

A system for personal records is a necessity. No matter how modest your home facilities might be, you need a special place to keep your papers. That could be as elaborate as a room or home office or as simple as a corner of the kitchen, bedroom, or hall. Records, regardless of the filing system…

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Get Started Organizing Your Finances

October 30th, 2010 BY Claire Moore

Organizing your finances is a little like going on a diet. You don’t really want to do it, you know that it will be uncomfortable, but you also know that the payoff will be worth it. Take On the Challenge If you feel as if your financial life is out of control, you are not…

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