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
  1507 Hits
1507 Hits

Search Blogs Module

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