Finances are tough enough to handle without them being disorganized as well. This means that the best way to be organized is to prevent disorganization in the first place, but if you’ve already gotten bit by the bug and it’s rearing its ugly ‘you will never find your bank statement history every again!’ head at you, there are ways to fix the situation.
The five following tips will neatly tie up your financial matters into a bundle you can handle – don’t forget about having updated checks, have as many bank accounts as necessary to keep your numbers straight, organize your money into your favorite mobile financial apps, keep your bank security protection in order and up to date, and don’t forget to buy a filing cabinet.
Don’t Forget About Your Checks
As digital of a world as we have become, you should still order checks with your most recent address, the best updated security features, and graphics that fit either with your personal lifestyle or your business theme. If digital means fail for some reason, having an organized set of checks can potentially save a deal from falling through in the event of some sort of electronic or Internet catastrophic failure, temporary or otherwise.
Have Separate Bank Accounts as Necessarily
You might think it’s reasonable to keep all of your money in one or two bank accounts so everything is organized in one place, but this is actually not the case. If you have separate financial entities, or even separate financial themes, you should absolutely keep them in different bank accounts. When numbers start mixing, you can suddenly find it very difficult to determine which purchases went to which causes, and then there are matters of taxes, reimbursements, and things like that. It’s not that hard to start new bank accounts – use that to your organizational advantage!
Organize Your Mobile Financial Apps
There are a number of fantastic mobile financial apps you can install on your smartphone. Find one you like, figure out how to associate it with all of your bank accounts and digital PayPal accounts, and maintain that as your central brain. The search function alone makes it worth it.
Keep Security Protection In Order
Fraud security is important in the digital financial age. If you don’t know how to set it up through your main bank and main credit card, either call them or work through a tutorial online.
Don’t Forget the Filing Cabinet
And once again, though you may trust digital implicitly, there’s still a case for purchasing a fireproof filing cabinet to keep a few hard copies in. If your digital data gets lost in the shuffle somewhere, at least you’ll have a set if proofs to work with.