Take charge and organize your finances

July 23, 2008

In my 10 Tips for Women about Money, the first point was to gather your recent statements, receipts, and other documents. You are going to need them as you prepare a cash flow analysis, a net worth statement, and a household inventory. Yes, as you likely guessed, this tip is not just for women. However, it was written for women who want to ensure they know what is going on in their financial world.

Some people are very organized and can present these items on a moment’s notice. They may even have the information documented on spreadsheets. Others either haven’t kept them or have to spend hours hunting them down. If you are the organized type, then please place a checkmark beside this tip. You are invited to help us with your comments. In later entries, I will discuss cash flow, net worth, and reasons for the  household inventory. 

How are we doing so far? Do you have any questions or stories to share?