Tuesday, January 27, 2009

Tuesday's Task

Today's money task is to track all accounts. Do you know how many credit cards you have? Where do you have your savings/checking accounts? What about retirement accounts such as Thrifts, 401K, IRAs, etc.?

After gathering all of the information, put in on one sheet. You can do this on the computer or write it on a sheet of paper. Do not get too "nerdish". This is the first draft! On this sheet, put the type of account, where it is located, address, phone number, account number, and other related information. Put this sheet in a safe location (You don't want the kiddies charging up the credit cards!).

Remember, this is a journey. To start the journey, you need to know where you are and what tools you have.

Failing to Plan IS Planning to Fail.

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