Planning experts at Hibernia National Bank suggest a New Year's resolution to straighten your financial records that can have benefits year round. Good organization will show you where you are, so you can decide where you want to be. These five easy steps can help organize your finances.
T ake an inventory.
Make a list of everything you own and owe. This inventory also can help your family find records during an emergency. R ecord all deposits and withdrawals, including debit-card purchases. Also, create a storage system for your documents. It can be as simple as an expandable file with slots for incoming bills, receipts, pay stubs or anything you might need later.