Asset Planning, Inc Blog

The latest from the team.

Spring Cleaning


As soon as I finish my taxes I also do some spring cleaning of my paperwork clutter and finances. Here are some tips to get your financial house in shape:

  1. Organize financial papers: Do not leave financial documents around that contain information that could be used to steal your identity. Shred paperwork you no longer need. Save important papers in a secure place and if possible, digitally (scan and save on external drive/usb, etc.) and secure with a password.

  2. Bills, paystubs, bank and investment statements should be kept for one year and then just keep the year end summaries and shred the rest.

  3. Keep invoices and all bills for major repairs, improvements and construction on your home. This is vital to have when and if you ever sell your home for increased cost basis.

  4. Tax returns and all supporting documentation should be kept for at least 7 years. A good rule is to scan your older tax returns and keep them forever.

  5. Run your credit report to see if there are any unusual transactions. allows one free report per agency per year.

  6. Automate adding to investments and savings.

  7. Adjust tax withholdings on your income (paycheck, IRA’s, etc.) if you owed too much tax or received a large refund.

Continue reading
  921 Hits
921 Hits

Search Blogs Module

Wait a minute, while we are rendering the calendar
donation items Notary Public cell phone SIM swap scam Part D premiums . 2017 IRA contributions policy driver license illiegal robocallers cell phone carriers credit cards phishing sites Legal robocalls Mobile Banking Security Tips April 11 home Orange County Superior Court February 14 health care services retirement Medicare question assets Medicare Part B cell phone provider privacy settings increase web address Amazon Expired medications house sitter trust pet https :// retirement planning pets home break-ins Independence Day 2017 Equifax breach email notifications official certification family members summer flash drive insurance policies wells Fargo Medicare Part B premiums Medicare client portal contribution limit phone vacation people medications January 10 900 number spam phone ice cream event Healthcare self-help topics banking fun facts credit score earthquake app Open House gap insurance clone counterfeits prescription eyeglasses Social Security fees Kiplinger Letter CFP ® toilet paper partner /owner drive /usb pet industry Kraig Mathias memorial Day weekend paperwork clutter Victor Dergunov home emergency kit health care costs car loans Medicare Advantage president Trump company Puerto Rico privacy notices California Lions Friends Wells Fargo employees home mortgages Facebook profile account numbers scams estate planning notary services cell phone service provider investment statements credit card company retirement accounts Supplemental Security Income padlock information money 20 year anniversary Part B Two-Step Verification debt estate disaster areas Brexit vote clients text messages credit card fraud April 18 2017. 401K team members National Ice Cream month Medicare plan clients show support ice cream items Roth IRA EEChecklist-Kits.pdf stockpilingchecklist.pdf 2018 IRA contributions tax deadline cell phones FEMA website information Facebook emergency kit opt-out Auto insurance FSA life saver Flexible Spending Account 4 pm -8pm ID card app jury duty media accounts vision screening Joey Gonzales 70 1/2. 2017 TD Ameritrade National LINC Conference Shred paperwork credit freeze CERTIFIED FINANCIAL PLANNER exam offering insurance https ://seekingalpha July 4 retirement plans VOIP landline phones integral member emergency kits news coverage October 1 2020. relief efforts executive order interest rates home security chip-enabled EMV cards donation counts Federal Trade Commission website IRS deadline emergency folder parking spots breach Financial Planning Magazine pet supplies rescue organizations Orange County portal 23 andme trustee Charles Schwab “ skimmer ”. insurance policy pet donation drive fun atmosphere Retirement Contribution Limits spring cleaning Social Security Administration home emergency preparedness kits blog post Wells Fargo customers Erin Nelsen Affordable Care Act consumer spending non-prescripstion sunglasses phishing scams June 29 operations manager checklists card reader birth certificates holidays approach asset Planning Open Enrollment Fox News story DNA test kits cell phone carriers offer bottom line identity thieves identity theft Treasury Department phone companies April 15 D premiums documents borrowing money Ice Cream Social credit monitoring service settlement options TD Ameritrade check lists tax season Asset Planning IRA accounts hurricane Dorian estate planning direction