How Do You Keep Good Financial Records?
Keeping good financial and personal records is more important than most of us initially realize, and a lot of times we don’t even recognize its importance until we’re called upon to get some records together. If you are applying for a mortgage, or filing for an insurance claim, or anything of the sort, you will quickly realize how important keeping good financial records really is. This article will give you some basic tips on how to do just that. Anything dealing with your home should go in a specific file. You can label the file “House Records” or something similar. This should include your mortgage papers (copies of your loan application and your settlement statement, etc.), as well as any receipts for any major repairs or maintenance that have been made to the home (roof replacement, air conditioning servicing, etc.). Also include your deed or title to your home…this is a VERY important document. Your tax records should go in a specific file as well. This includes your tax return
