Organizing Your Finances: How To Create Your Personal Finances Folder?

[sniplet organizing your finances]

With D entering my life, I now see the need for creating our “Personal Finances Folder.” In this folder, I want to capture every aspect of our personal finances. Should anything happen, this should be our “Go To” folder. This far, we have kept our finances separate and therefore, to begin with, I want to capture my part of our personal finances in this folder.

Broadly speaking, I want to record information about our:

  • Assets
  • Liabilities
  • Insurances
  • Taxes
  • Financial Goals and
  • Personal Documents

As a first step, I bought one of these expanding folders — they’re perfect for capturing and consolidating your personal finances. I’m also using Google Docs to type-in the information and then printing it out for storing in the folder.

I plan to post each week on how I am tackling each of these categories. Stay tuned.

Now, how about you? Do you already have your Personal Finances Folder up and running? I’d love to hear from you.

2 thoughts on “Organizing Your Finances: How To Create Your Personal Finances Folder?

  1. Hi,
    I always pay attention to my finances and for a long time now I track my finances using personal finances software. You can find these softwares even for free.

    I encourage you to keep track of your finances and to learn the basics about accounting and financial management to support you in whatever it is that you want to achieve.

    I have made a post on my blog about accounting basics. Have a look at it and let me know what you think:
    I will be cheking on how you are tracking on your plan.

    All the best.

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