Organize Your Finances

MoneyWatch for April 2009
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Organizing your finances can feel like a part time job in such a complex financial world.  Even though staying organized is difficult, keeping all your finances in order is a very important task.  Disorganized finances can translate into bills paid late, late fees adding up, and wasted time and effort.  Fortunately, there are some simple things that can be done to help you streamline your time, organize your finances, and reduce the stress of household money matters.  Here are 5 tips from LifeOrganizers.com on how to start organizing your finances.

1. Consolidate your Credit Cards
2. Use a Bill Paying System
3. Organize your Expenses, as you Spend
4. Balance your Checkbook Monthly
5. Keep your Tax-Related Stuff Together

For more tips and resources on organizing your finances click on these links below.

State and Local
Akron General Medical Center: Helpful Tips on Organizing Your Financial Documents
Ohio State University Extension: Workbook Helps Households Organize Finances

National
Consumer Reports: Unclutter Your Finances
Life Organizers.com: 5 Ways to Organize Your Finances
MSN Money: Organize Your Financial Life
Bankrate.com: Putting your financial house in online order
Oprah: Organize Your Finances in 4 Steps
Suze Orman: Financial Clutter, What To Keep And What To Get Rid Of

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Research assistance for MoneyWatch is from Cleveland State University Nance College of Business Administration. Information on the Nance MBD program is available here.