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Written by Administrator
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Monday, 14 January 2008 |
One of the most popular New Year's resolutions is to get organized. Yet, a few days after those resolutions are made, most people decide to move on to something else. For many people, getting organized is like taking a cold shower in that it is best done only when it has to be done. But getting your banking papers and other financials in order does not have to be torture.
The best reason for getting your banking papers and other financials in order is because you need to know what information is on those documents in order to have the best sense of where you are financially. From balancing your checkbook to keeping tabs on your money market accounts, information and organization are the keys to success.
If it has been a while since you last organized your financials, take a deep breath and tell yourself that you are going to do this and then give yourself a good amount of time to get it done. Do not try to do it all in one day, as that often leads to mistakes and frustration. If need be, give yourself an entire month to get the task done. Just make sure you commit enough time during each week of that month to get some work done on it.
When it comes time to gather up your documents, use this list as a guide to help you get started.
Gathering up statements and other important information concerning checking and savings accounts should be your first task.
The next step is to find all the information on your retirement accounts. This might include your IRAs, Roth IRAs and 401(k) statements. While you are doing this task, you can also find and organize your non-retirement accounts. These are the various papers that pertain to other types of investments that you may have. This might include such things as money market funds, CD's, money market accounts, etc.
Another particularly useful task to do while organizing your banking papers is to locate all of your loan documents. These would include mortgage papers, auto loan papers, etc.
Tax returns and information concerning tax payments should also be located and stored in a safe place.
The amount of time that you keep documents is up to you but there are some guidelines for this.
Monthly banking account statements should be kept for one year. If you get an annual statement summarizing your account you can discard the monthly statements once that is received.
Tax returns should be kept for at least seven years. The IRS can audit you up to seven years after a return is filed. At a minimum, you should keep your state and federal tax returns and any supporting documentation for that length of time but there is nothing wrong with keeping them longer if you wish.
Mortgage papers should be kept for the length of the loan and longer in some cases. Papers concerning auto loans, boat loans, and personal loans should be kept for the length of the loan plus one year.
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Written by Administrator
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Thursday, 10 January 2008 |
It is surprising how many people contact me and say that they have been online for quite a while and they are not making any money. I would estimate that over 80% of the people online are either not making any money at all or are making much less than they expected.
For those who would like to start making money, here is an easy idea that you can use to start making money. It may not propel your earnings into the stratosphere, but you can easily make $20 to $50 per month. And many people would be very happy to make that kind of money. The idea is to submit articles to revenue sharing sites.
Revenue sharing sites are very similar to a traditional article submission site with one big difference. Traditional article directories post Adsense or other advertisements within the articles that people submit. Every time a visitor clicks on one of those ads, the site makes some money. Revenue sharing sites also post ads along with the articles that people submit, but they share the income that they make from this advertising. So, if you are submitting articles anyway, why not submit them to sites that are willing to share some of the money that they are making.
The only requirement is that you have to set up an Adsense account in order to qualify. If you don’t already have an Adsense account, you can easily set one up by going to Google’s Adsense Setup Page. Fill out the information there and you are ready to go. Make sure that you read and are familiar with the Adsense policy information.
I submit articles to both traditional directories and revenue sharing sites. There is no limit to the number of articles that you submit and you can submit the same article to many different directories.
In fact, that is the way to maximize the amount of money that you make with revenue sharing sites. Submit articles frequently, and submit them to a number of different revenue sharing sites. The more articles you have listed, the more money you will make. I try to submit at least one article every day. By submitting articles on a regular basis, you can easily make $20 to $50 each month. So, if you’ve written 30 articles in the past month or two, why not register with Adsense, submit all them to a few revenue sharing sites and start making money!
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