To manage your financial life, being organized is essential. You should also provide account access to a trusted person in the event of an emergency. Getting your financial house in order is not only important for you and your peace of mind, but also for your loved ones. Morningstar New York Post
It is tax season, which is the perfect time for a financial spring cleaning. Nancy Doyle was a guest today on WCIU’s You & Me. She discussed the importance of being organized in terms of your financial life. The process does not need to be intimidating or overwhelming. Let’s get started! See link below: You & Me appearance April 5, 2017
DAILY HERALD BUSINESS LEDGER Nancy Doyle’s guest column in the Daily Herald Business Ledger Tax season is right around the corner. It is the perfect time of year for a financial spring cleaning. Just like when you go through your closet to determine what to keep and what to toss, you can do the same with your financial life. Doyle, Nancy: “Time for a financial spring cleaning” Daily Herald Business Ledger See link below: Daily Herald Business Ledger
Nancy Doyle’s guest appearance on WGN Radio The new year is the perfect time to organize your finances. Nancy Doyle was a guest of Steve Bertrand on the Wintrust Business Lunch. She recommends starting 2017 with a financial spring cleaning. It is also a great time to prepare an in case of emergency (ICE) file and plan. Listen in beginning at 22:36. See link below: WGN Radio Wintrust Business Lunch
Nancy Doyle is quoted in Reader’s Digest (rd.com) Emergency situations are challenging enough. Being organized in terms of your financial affairs can help to alleviate some of the stress. Nancy Doyle recommends that everyone create an ICE – in case of emergency – file and plan. An ICE file contains important documents that are easily accessible to you or to someone acting on your behalf. An ICE plan includes key contacts and financial account information. LaBianca, Juliana: “Do This Now: How to Create a Simple In-Case-of-Emergency File and Plan” Reader’s Digest or rd.com See link below: Reader’s Digest
To manage your financial life better, start with a financial spring-cleaning. Just like when you go through your closet to determine what to keep and what to donate, you need to do the same with your financial life. Get ready A few things before you get started. Designate a room or an area of a room for your work. For online files, keep a log of what you have sorted through. Set out the key office supplies including: a staple remover and stapler, sticky notes, pencils, paperclips and file folders. Bins for recycling Bags for documents that need to be shredded Gather your information Gather all documents and papers relating to financial, tax, legal, and health care matters, including things such as: Bank, financial, and credit card accounts Insurance Mortgage, car loans, student loans Tax returns Birth certificates, marriage certificates Wills, trusts, and powers of attorney All medical and school documents for…
Getting Organized is one of the four pillars in Managing your Financial Life. The others are Analyze Your Financial Profile, Educate Yourself About Investing, and Invest Your Money. The following is a collection of posts that include important guidelines to follow. Please keep checking back as this list is constantly growing!