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#How to organize your life and finances how to#
#How to organize your life and finances update#

It may be researching for work, keeping up with friends, blogging, etc. Taking time now to organize your information will be immensely helpful to those you care about most when you need their help. Our Virtual Space (Social Media/Online Research) Prioritize what your goals are for being online and be sure to include in your daily to-do list. Preparing for that time can give you peace of mind. This is a sponsored post written by me on behalf of Navy Federal Credit Union for IZEA.All opinions are 100 mine. You can use Baird's Personal Information Guide to get started, or ask your Baird Financial Advisor for the guide.Īt some point in our lives, every one of us will need help.

#How to organize your life and finances update#

Take 10 minutes each month to review and update this information, paying close attention to passwords.

Safety deposit box (location and access).

This system can be as simple as alphabetical folders in a filing cabinet, or you can use folders or tabs like those from to organize your records. It's very important to store this in a secure place like a safety deposit box or locked drawer. When it comes to paperwork, the most important thing is to have a system for document storage to organize financial documents. You could create a "grab and go" binder with key information or save everything to a secure flash drive. Keep all of your important personal information in a safe place where your trusted contact can access it. How have you approached spending, saving and investing throughout your life? What financial lessons have you learned that you'd like to pass on? Are there charities or causes you support, and why are they important to you? Share your answers with those closest to you to start an ongoing conversation about money and what it means to you.

THINK ABOUT YOUR VALUESĬonsider your personal values underpinning your financial decisions. It's also not uncommon for an accountant or attorney to accept this role. Alternatively, you might consider an adult child, a sibling, other relative or close friend. Many people designate their spouse or partner. Start the process by identifying a person to handle your affairs if something happens to you.

#How to organize your life and finances how to#

Here's how to organize your financial life to prepare for a time where may need your loves ones' help: IDENTIFY SOMEONE YOU TRUST

Ask yourself: "What can I do today to make it easier for my loved ones to carry on if I can't be there? How much harder will it be on them if I don't provide them with a road map to follow?"īeing prepared is, in part, an act of kindness to your loved ones. Just as you might entrust a trusted neighbor with the keys to your home while you're on vacation, it's important to share the keys to your financial life with a trustworthy contact. Life can sometimes become very busy, though, and it's all too easy for your personal information to become a jumble of electronic files and paperwork only you can navigate.īut what would happen if you couldn't do that? How to Organize Your Financial Life Part of living life to the fullest is being intentional about planning for your future.