Keeping Financial Records

There’s one private investigator who’s middle name is ‘Organized’! Talkin’ Money’s own Frank Money!

Keeping your financial records organized is no small feat. So put down that slice of pizza, wash your hands and listen up. If your papers are scattered all over the place, not put in their proper folders and not kept up to date then how do you expect to find anything when you really need them, especially during tax season?

Here’s another question. Do you even know what records should be kept? We’re not only talking about Income Tax Records but how about Warranties, Insurance Policies, Home Purchase and Lease Contracts. The list keeps growing and that’s why you need to get organized.

Now in today’s world a lot of these financial records can be kept in your fancy computers or online. Either way be sure to keep back-ups on all of your information by using a flash drive or external hard drive. Remember computers and other electronics don’t last forever so keep up to date with your back-ups. Now don’t say I didn’t give you anything free, Sometimes it just takes a little detective work.

April is National Financial Literacy Month, Detective Frank Money’s favorite month! To celebrate the importance of being financially literate, Detective Money is going to post financial literacy tips every day.