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
  832 Hits
832 Hits

Search Blogs Module

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