Having prepared taxes for almost a decade, I have learned what our best clients do to get ready for tax preparation. US Income Tax law is quite complicated and can be intimidating if not overwhelming. Before entering the financial planning profession, I used outside preparers for my increasingly complex personal return.
From time to time I have had clients that I believed need to do some work on budgeting. In, both, my professional and personal life I like to walk my talk or said another way practice what I preach. So, it was time for me start or rather restart my budgeting journey. I had struggled in earlier attempts as I dislike bookkeeping type work and after a “honeymoon” period usually stop the effort.
9/2 Do you have replacement coverage on your homeowner’s insurance? If not, you may end up with a big bill if you have complete rebuild. 9/3 Are you investing in your professional education and advancement? Consider that your individual human capital today will become your future financial capital. 9/4 How much do your investments cost …
