Having an organized financial life can save you from a lot of stress. It can also let you see your financial situation more clearly—and that can help you make better decisions about your money.
So how do you get started?
Since so much of our life is online nowadays, you can start with your digital documents. You’ll want to save them in a central location, like a flash drive or a cloud-based program. And make sure you use a secure password to protect your files; even better, use a password manager so that you can create complex passwords without relying on your memory.
For paper documents, you’ll want the same thing: a secure, centralized location that you can easily access.
Jon Meyer, CFP®, is Chief Operating Officer and Investment Manager for BGM Wealth Partners. Outside of work, he is busy raising his four children and training for his next marathon.
The opinion of the author is subject to change without notice and must be considered in conjunction with relevant regulation, as well as subsequent changes in the marketplace. Any information from outside resources has been deemed to be reliable but has not necessarily been verified. Each individual has unique circumstances to which this information may or may not be relevant. Under no circumstances will this information constitute an offer to buy or sell and it does not indicate strategy suitability for any particular investor.