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[30 Dec 2009 | One Comment | 3,160 views]
Preparing for the New Year

It’s time to take stock of your current-year’s total finances:  organize all your receipts and paperwork for the upcoming tax season and set up a file for all of your current-year’s expenditures and total income.
Do the same for next year’s finances, keeping your records and files orderly on a daily, weekly, monthly basis. Get into the habit of regular recordkeeping and maintaining meticulous, methodical files. It is advisable to review and prepare for your next-year’s costs of living ahead of the New Year.
Each year, set aside a portion of all your income …