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
  1508 Hits
1508 Hits

Search Blogs Module

Wait a minute, while we are rendering the calendar
credit monitoring service partner /owner life saver credit cards account numbers Economic Security donation items vacation wells Fargo Amazon ice cream event pet ice cream Expired medications retirement market turmoil June 29 tax deadline CA FTB cell phone carriers items notary services April 15 president Trump pet donation drive checklists hurricane Dorian Two-Step Verification 4 pm -8pm home emergency kit estate planning direction markets CERTIFIED FINANCIAL PLANNER exam Mobile Banking Security Tips Legal robocalls insurance policies Medicare Part B spread team members Medicare question ID card stock pile Open Enrollment clients Fox News story spam phone business hours National Ice Cream month Notary Public Wells Fargo customers phishing scams California Lions Friends phishing sites Joey Gonzales investment statements COVID -19 virus spring cleaning retirement planning Kiplinger Letter check lists consumer spending 70 1/2. contribution limit home chip-enabled EMV cards Treasury Department app Part B documents memorial Day weekend Medicare Part B premiums home mortgages Orange County jury duty earthquake app Labor Day Asset Planning Shred paperwork Wells Fargo employees Independence Day https ://seekingalpha car loans September 9 home emergency preparedness kits flash drive illiegal robocallers September 30 2020. April 18 2017. Supplemental Security Income trust borrowing money Social Security emergency folder October 1 2020. tax deadlines information Facebook bottom line trustee emergency kits health care costs breach TD Ameritrade identity theft gap insurance portal rescue organizations company debt July 6 drive /usb Medicare plan money paper records FSA pets credit card company 2018 IRA contributions tax filing deadlines https :// media accounts integral member information tax records 20 year anniversary identity thieves operations manager cell phone service provider years Medicare 23 andme D premiums scams payments padlock Auto insurance IRA accounts toilet paper February 14 holidays approach tax season Kraig Mathias self-help topics Facebook profile news coverage relief efforts Medicare Advantage vision screening health care services interest IRS deadline parking spots Financial Planning Magazine retirement plans DNA test kits 2017 Equifax breach stimulus package executive order January 10 cell phones fun atmosphere Open House “ skimmer ”. disaster areas banking people medications policy retirement accounts Ice Cream Social text messages blog post VOIP landline phones cell phone SIM swap scam cell phone carriers offer Federal Trade Commission website phone companies family members asset Planning phone coronavirus April 11 insurance policy Coronavirus Aid Charles Schwab 900 number house sitter estate water … prescription eyeglasses tax returns non-prescripstion sunglasses pet supplies Healthcare Flexible Spending Account summer client portal privacy notices IRS interest rates home break-ins Retirement Contribution Limits clone counterfeits privacy settings Affordable Care Act July weekend pet industry offering insurance CARES Act FEMA website July 3 rd fun facts CFP ® settlement options donation counts driver license 2017 TD Ameritrade National LINC Conference Part D premiums . birth certificates estate planning fees Erin Nelsen card reader clients show support Roth IRA cell phone provider email notifications increase EEChecklist-Kits.pdf stockpilingchecklist.pdf student loans Orange County Superior Court emergency kit Puerto Rico September 8 credit score earnings fallout official certification web address paperwork clutter credit card fraud July 4 credit freeze assets Victor Dergunov home security 401K Brexit vote 2017 IRA contributions opt-out records Social Security Administration