|
< HOMEPAGE
|
10 Easy Ways To
Organize Your Business Finances
Whether you are a new
entrepreneur or a more experienced
business owner, taking control of your finances can feel like a
part-time job. Some simple tips can help you streamline your
time, organize your finances and reduce the stress of business
money matters.
1. Keep Your Bills in One Place
When the mail comes, make sure it goes in one place. Misplaced
bills can be the cause of unwanted late fees and can damage your
credit rating. Whether it's a drawer, a box, or a file, be
consistent. Size is also important. If you get a lot of mail,
use an area that won't get filled up too quickly.
2. Pay Your Bills on Schedule
Bill paying can be simplified if it's done at scheduled times
during the month. Depending on how many bills you receive, you
can establish set times each month when none of your bills will
be late. If you're paying bills as you receive them, chances are
you're spending too much time in front of the checkbook.
Although bills may state "Payable Upon Receipt", there's always
a grace period. Call the creditor to find out when they need to
receive payment before the bill is considered late.
3. Read Your Credit Card Statements
Most people take advantage of low interest credit card offers
but never read their statements when paying the bill. Credit
cards are notorious for using low interest as bait for new
customers then switching to higher rates after a few months.
Make a habit of looking at your statement carefully to see what
interest rate you are paying each month and if any transaction
fees have been applied. If the rate increases or a transaction
fee appears on your statement, a simple call to the credit card
company can oftentimes be beneficial in resolving the matter. If
not, try to switch your money to a more favorable rate.
4. Take Advantage of Automatic Payments
Most banks offer a way to automatically deduct money from your
account to pay creditors. In addition, the creditors usually
offer a lower interest rate when you sign up for this payment
option because they get their money faster and on-time. Consider
it as one fewer check to write, envelope to lick and stamp to
buy. Just make sure you record the deduction when the automatic
payment is scheduled or you run the risk of bouncing other
checks.
5. Computerize Your Checkbook
Using a software program is a handy way to organize your
finances. Whether it's Quicken(r), Microsoft Money(r) or another
package, these easy-to-use programs make bill paying and bank
reconciliation a cinch. Computer checks can be ordered almost
anywhere and fit right into most printers. Once the checks are
printed, all of the information is automatically recorded in
your electronic checkbook. Furthermore, many banks have direct
downloads into these software packages so when money is
deposited or withdrawn, the transaction is entered immediately
onto your computer. And, when it comes time to do taxes, it
couldn't be easier.
6. Get Overdraft Protection
Most banks have a service where, if you run the risk of bouncing
a check, the money will come from another source. For a nominal
fee, the bank will link your checking account to either a
savings, money market, or credit card so the embarrassment of
bouncing a check will be avoided. Call or visit your bank to
learn about this convenient feature.
7. Cancel Unused Accounts
Whether it's a credit card or bank account, write a letter
requesting that the account is formally closed. Not only will
this improve your credit score, it is a useful way to avoid
money from being scattered all over the place. Don't let
department stores and credit card companies lure you into
opening new accounts by offering favorable interest rates and
purchase discounts. It's easy for credit to get out of hand by
taking advantage of every credit offer that comes your way.
8. Consolidate Your Accounts
If you have several credit card accounts with outstanding
balances, try to consolidate them into one. Be careful and check
the balance transfer interest rates and one-time fees. Also,
make a list of all your open Money Markets, Savings, CDs, IRAs,
Mutual Funds, and other accounts to see if any consolidation can
be done. Keeping your money in fewer places eliminates all of
the guesswork involved and reduces errors.
9. Establish Automatic Savings
Create a link from your checking account into a savings account
that will not be touched. This can usually be done through the
banks and automatic amounts will be transferred over each month.
Most people will not put money into a savings account on a
regular basis. They may wait until a large tax refund check
arrives or some other event to actually deposit money into
savings, retirement or other accounts. If you establish an
automatic savings deposit every month, your accounts will begin
accumulating money faster than you think.
10. Clean up Your Files
Make sure your paid bills are organized in a filing cabinet.
Keep individual files for paid bills. Go through your files at
the end of each year and throw out bills and receipts no longer
needed for auditing purposes. Contact your local IRS office to
see how long records need to be kept for audits. Usually federal
tax return audits can be done three years back but cancelled
checks may need to be kept for seven. Consult the Internet for
auditing and records-keeping procedures for your state or region.
(c) 2005 DebtGuru.com(r). This article may be freely distributed
as long as the signature file and active link are included.
About the author:
Michael G. Peterson is the Vice President of American Credit
Foundation, an IRS 501 (c)(3) non-profit consumer credit
counseling organization that has assisted thousands of
individuals and families with their financial situations through
seminars, education, counseling services, and, debt management
plans. For more information, and free consumer resources visit
http://www.debtguru.com.
Written by: Michael G. Peterson
NAVIGATION
1st And 2nd
Mortgage Refinance Loan
1st
And 2nd Mortgage Refinance Loan Why Refinance Both Mortgages
4
Good Reasons to Get a Refinance Home Loan
A
College Loan Will Finance Your Education
A
Fresh Start for Family Finances in 2005
A
Good Credit Report The Key To Cheap Finance
A
Guide to Bad Credit Finance Options
A
Mortgage Refinance with Bad Credit The Pros and Cons
Adverse
Credit Remortgage Refinance at Better Terms
Adverse
debt levels blight UK consumers personal finances
Alternative
Venture Finance Federal Grants and Loans
Are
You Having Sleepless Nights Because Of Your Finances
Are
you so desperate for a home loan that you are stretching your finances
too far
Ask
the Expert When do I Refinance My Home
Auto Refinance
Auto
Refinance Secrets Refinance Your Car Loan And Save Every Month
Auto
Refinancing Guide How to Refinance Your Car Loan
Bad
Credit A Personal Finance Nightmare
Bad
Credit Auto Loan Refinance Bad Credit Auto Refinance Tips
Bad
Credit Auto Loan Refinance Tips To Increase Your Odds Of Getting
Approved
Bad
Credit Home Mortgage Refinance Should You Refinance
Bad
Credit Mortgage Refinance
Bad
Credit Mortgage Refinance Should I Shouldn t I
Bad
Credit Mortgage Refinancing Refinance High Interest Mortgage With Poor
Credit
Bad
Credit Refinance 101 The Hows and The Whats
Bad
Credit Refinance Loans Finding a Good Lender
Bad
Credit With Poor Credit You Can Still Refinance Or Get A Home Equity
Line Of Credit
Basic
Tips on Personal Finance
Become
a Certified Success in the World of Business and Finance
Benefits
of Personal Finance Software
Best Finance
Guide
Bridging
Finance Basics
Bugs
Finance offers phoenix commercial mortgage loan
Business
Finance Expert Series Comparing Factoring to Other Financing Options
Business
Finance Expert Series The History of Factoring
Business
Finance Expert Series What Every Business Owner Needs to Know About
Factoring
Business
Loans A Source of Finance for your Business
Business
Start Up Loan Script Your Own Success Story With the Right Finance
Method
Buying
A Car What Is The Best Finance
Buying
a Spanish Property How Do You Finance It
California
Refinance Refinancing in California
Can
you afford Not to look After your Personal Finances
Car Finance
Car
Finance Company Basics
Car
Finance Loan When you can t just wait to buy a car
Car
Finance Places You On The Top Gear While Buying a Car
Car
Loan Refinancing When To Refinance Your Car Loan
Cash Out
Refinance
Cash
Out Refinance Home Equity Mortgage Loan or Cash Out Refinance
Cash
Out Refinance Mortgage Loans Home Equity 2nd Mortgage Or Cash Out
Refinance Loan
Cash
Out Refinance Things To Know About Refinancing Your Mortgage To Get
Cash Out
Cash
out refinance Turning lemons into lemonade
Childcare
Finances Some Money Basics
Commercial
Collections Business Finance Booster Shot
Considering
a Mortgage Refinance
Create
and Maintain a Budget Finance 101
Credit
Card Hazards That Can Cripple Your Finances
Credit
Report Scores Why it is important for your finances
Debt
Consolidation Refinance Loans A Great Way To Lower Your Bills
Deciding
if the Time Is Right to Refinance
Deciding
Upon a Refinance Lender
Deciding
Whether to Refinance a Mortgage Loan
Deducting
Points On Home Refinances
Defrazzle
Your Finances
DIRECTORY
OF FINANCE ARTICLES
Divorced
And Cheated Out Of The Family Finances How Smart Divorce Lawyers Are
Ruining Women
Do
You Need a Mortgage Refinance Loan
Doing
A California Refinance Online
DON
T LET FINANCES RULE OVER YOUR SELF ESTEEM
Educate
Yourself To Amazing Car Finance
Email
Scams Ten Simple Steps To Protecting Your Online Finances
Escaping
Finance
Ethical
Finance Who Benefits From Our Spending
Family Finance
Family
Finance Beyond RRSPs
FHA
Home Mortgage Purchase Or Refinance Loan Why You Might Consider Getting
An FHA Loan
Finance and
Divorce
Finance
And Lifestyle Are They Interlinked
Finance
Forums UK Finance Forum Finance Message Boards Business Finance Forums
Online Finance Advice UK
Finance
guide basics
Finance
is for Everyone
Finance
Jobs Finance Career
Finance Tips
Finance
Your Car With Poor Credit
Finance
Your Real Estate Investment Properties
Finance
Your Small Business So Much Money So Little Time
Finances
for the Freelancer
Finding
a Mortgage Refinance Advisor
Finding
the Best Mortgage Refinance Rate
Finding
the Right Time to Refinance a Loan
Five
Tips to Slash Your Home Finance Costs
Florida
Refinance Refinancing in Florida
Foster
Home Uses Pay Option Mortgage Loan For California Refinance
General
Personal Finance Advice
Get
a better mortgage refinance deal than your local bank offers
Get
control of your finances
Get
The Finance You Need With UK Secured Homeowner Loan
Get
The Right Car Finance
Getting
Business Finance
Getting
the Government to Help Finance your Home Based Business
Getting
Your Finances Ready for a SSD Case
Getting
Your Finances Ready for your SSD case II
Give
your finance woes the blessing of an unsecured loan
Giving
Finances a Breather Through Loans for Unemployed
Handle
Your Personal Finance Easily
Have
you ever considered Bridging Finance
His And
Her Finances
Home
Equity Loan Refinance Important Facts
Home
Loan Mortgage Loan Refinance Refinancing For A Shorter Term To Save
Money
Home
Loan Refinance Online Benefits To Refinancing Online
Home
Mortgage Loan Refinance Benefits To Refinancing Your House Online
Home
Mortgage Loan Refinance Refinancing A Fixed Rate Mortgage
Home
Mortgage Reasons To Refinance Your House
Home
Mortgage Refinancing should I refinance
Home
Mortgage Refinancing Things To Consider When Looking To Get Cash Out On
A Refinance
Home
Mortgages and Refinances
Home
Refinance Closing Costs Things You Should Know
Home
Refinance Why You Want to Refinance Your Mortgage
How
and Why to Refinance Your Mortgage
How
Banks Can Help You Improve Your Personal Finance
How
online Surveys Financed my First Web Site
How
Small Businesses Can Outperform Well financed Competitors
How
To Choose The Right Havanese For You
How
to clean up your personal finances
How
to Finance a Business
How
to finance a business for your Son or Daughter
How
To Finance A New Extension
How
to Finance a New Extention
How
To Finance A New Kitchen
How
to Finance a Small Business
How
to Finance and Build Your Dream Home
How
to Finance or Refinance a Motorcycle Loan
How
to finance your business when the bank says No
How
To Finance Your Dream Car
How
to Finance your Medical Office Medical Supply or Medical Testing Company
How
To Find Low Home Mortgage Refinance Rates While Rates Are Rising
How
to Obtain a Bad Credit Home Loan or Refinance with Bad Credit
How
to Refinance Your Home
How
to Select the Best Factoring Finance Company for your Business
How
to Select the Best Invoice Factoring Finance Company for your Business
How
to use freight bill factoring to finance your trucking company
How
you can use Rehab Refinance and Cash Out as a long term wealth building
Real Estate Investing strategy
Instant
Loans Cash Keeps Finance in Order Till the Next Financial Replenishment
Insurance
Fuel And Personal Finance In The UK Following Recent World Catastrophes
Invoice
Factoring Hot to finance growth without debt or banks
Is
Now A Good Time To Refinance Your Home Loan
Is
the Havanese the right Puppy for you
J
G Wentworth Forecast Consumers Expected to Increase Sales of Annuities
They Hold in 2006 Continuing 3 Year Trend in Personal Finance
Keeping
Your Business s Finances on Track
kentucky
refinance mortgage loan
Know Thy
Finances
Life
insurance wise investment in personal finance or excessive caution
Like
it or Not Finance Matters a Lot
Lions
and loans why finance should always be personal
Loans
for self employed creating finance opportunities for a group long
ignored
Low
Credit Score Mortgage Refinance Refinance Loans For All Credit Types
Lowest
Interest Rate Mortgage Refinance Loans 3 Ways To Get A Low Rate
Refinance
Making
Money in Equity Finance
Managing
Finances As A Couple What Is Best
Managing
Finances for a Better Credit Rating
Managing
Your Finances During a Crisis
Managing
Your Finances Once Married
Marriage
Finances 101
Men
Women and Their Finances
Money
Doesn t Finance Dreams
Moneynet
adds weight to intelligent finance with new personal finance product
guides
Moneynet
tackles funding university with new student finance guide
Moneynet
Takes Finance Personally
Mortgage
Brokers For Home Loan Refinance Refinance Online
Mortgage
Loan Information Know The Basics When You Refinance or Purchase a Home
Mortgage
Refinance 4 Ways To Know It s Time to Refinance Your House
Mortgage
Refinance After Bankruptcy
Mortgage
Refinance Quote Offers Flexibility to Homeowners
Mortgage
Refinance Tips To Help You Cut Fees And Costs
Need
Extra Money Refinance or Equity Line of Credit Which is Right for You
New
Website Launched for Consumer Finance and Education
New
York Refinance Refinancing in New York
Non
homeowner loans creating a source of finance for the homeless
Online
Mortgage Refinance Quotes Tips To Finding A Better Rate
Online
Mortgage Refinance Quotes What some lenders may not want you to know
Online
Surveys Financed My First Website
Organize
Your Finances Thinking Outside The Shoe Box
Organizing
Your Finances Show Me MY Money What You re Worth or net Worth
Pay
off debt now 5 steps to getting your finances in order
Payday
Loans Personal Finance Savior Or Disaster
Personal
Finance 101
Personal
Finance 101 Credit Checks
Personal
finance have consumers had a belly full of personal debt
Personal
Finance Isn t Rocket Science So There s No Need To Stick Your Head In
The Sand
Personal
finance why you should compare not despair
Personal
Finance Worries
Personal
Finance Worries Debt
Poor
Credit Mortgage Refinance Getting Approved
Poor
Credit Mortgage Refinance Refinancing Your Home After Your Credit Score
Has Dropped
Protecting
Your Finances While Dealing With Your Divorce
Quick
Books and Finances
Real
Estate Investing start with getting your own finances under control
Reconstructing
Your Finances Before And After Bankruptcy
Refi
Home Mortgage Loans How Soon Can You Refinance An Adjustable Rate
Mortgage
Refinance
Refinance
Advisor Online What To Ask Before You Sign When Refinancing
Refinance
After Bankruptcy
Refinance
After Bankruptcy Applying For A Refi Loan After A Chapter 7
Refinance
Benefits Refinancing Could Save You Money
Refinance
Car Loan Apply Online For Fast Quotes
Refinance
Car Loan Secrets Revealed
Refinance
Car Loans Refinancing Your Car Loan Online Is Convenient
Refinance
home distilling cash by renewing home loan
Refinance
Home Equity Line Of Credit Benefits Of Refinancing Home Equity Line Of
Credit
Refinance
Home Loan and Refinance Home Loans
Refinance
Home Loan What You Must Know Today
Refinance
Home Mortgage Loan With Poor Credit 3 Tips On Getting Approved
Refinance
Mortgage Lenders Finding The Best Refinance Lender
Refinance
Mortgage Lenders Prime Lenders Vs Sub Prime Lenders
Refinance
mortgage loan
Refinance
Mortgage Loan Tips on Refinancing Your Home Mortgage
Refinance
Mortgage or Not
Refinance
Mortgage Rate and Mortgage Rates
Refinance
Online
Refinance
Or Not That Is The Question
Refinance
questions you should ask yourself
Refinance
Quote Get The Best Refinance Quotes You Can Get
Refinance
Rental Property Don t Sell It
Refinance
Student Loans How and Why
Refinance
To Save Your Hard Earned Pounds
Refinance
With Bad Credit
Refinance
Your Car Loan 3 Tips For Refinancing Your Auto Loan Online
Refinance
Your Fha Home Mortgage Loan Refinancing With The Streamline Process
Refinance
Your Home Equity Loan
Refinance
Your Home Mortgage Online
Refinance
Your House
Refinance
Your Mortgage To Rebuild Credit
Refinance
Your Mortgage You Could Save Thousands Or More Dollars Over Time
Refinance
Your Property Online
Refinance
Your RV Loan and Save Thousands
Refinance
Your Second Mortgage
Refinancing
Online Get The Best Refinance Home Loan You Can Get
Refinancing
Your Home Loan When Should You Refinance Your Home
Refinancing
Your Home Mortgage Loan Refinance Your Adjustable Rate Mortgage
Refinancing
Your House How To Know Whether To Refinance Or Get A Second Mortgage
Rental
Property Refinance Don t Sell
Resolve
to Improve Your Finances in 2004
SAFELY
FINANCE YOUR CHILD S UNIVERSITY STUDIES USING AN EDUCATION IRA
Save
Money and Learn More About Your Finances
Save
Thousands On Finance Charges Without Marrying Your Banker
Second
Mortgage Home Equity vs Refinance
Secured
Homeowner Loans Secures an opportunity to finance needs inexpensively
Secured
Personal Loans Employ the Right Kind of Finance
Selecting
An Equity Finance Consultant
Self
Employed Loans Ideal source of finance for self employed
Shopping
for a Personal Loan to Suit Your Finances
Short
on cash Finance the Mortgage Points
Should I
Refinance
Should
I Refinance With My Current Lender
Should
you choose to refinance
Should
You Consider Home Refinance or Not
Should you
refinance
Sisters
are insuring themselves how finance is the new feminism
Six
Ways Under Your Nose To Finance Your Home Based Business
Six
Ways Under Your Nose To Finance Your Home Business
Social
Housing Finance for Housing the Poor
Sometimes
the best deal isn t the right deal when it s time to refinance your home
STOP
DO NOT RE FINANCE YOUR HOME UNTIL YOU READ THIS ARTICLE
Stress
Management Tip Take Control of your Finances
Students
investing in their future need to manage their finances today
Take
The Mystery Out Of Finances And Simplify Your Life
Taking
control of your finances
The
Advantages of Refinance
The
changing shape of family finances
The
Cost Of Refinancing What Costs To Expect When You Refinance Your Home
Mortgage Loan
The
Havanese Puppy Where did it all Start Part 1
The
Havanese Puppy Where did it all start Part 2
The
Inferno of the Finance Director
The
Question Is To Refinance or Not
The
Shadowy World of International Finance
The
Truth About Home Refinance Loans Avoiding Potential Pitfalls
The
Truth Behind Auto Finance
the
truth behind your FINANCES
The
World is Not Enough Calling for a More Ethical Approach to Personal
Finance
The
Wright Place Finances
Tips
on How to Refinance
To
Refinance or Not That Is The Question
Top
10 Ways to Jumpstart your New Year s Finances
Understanding
Basic Finance Terms
Understanding
Bridging Finance
Understanding
Finance To Make Your Life Easier
Understanding
UK Bridging Finance
Unique
homes hard to finance
University
Life a course in personal finance
Unsecured
Business Loans Earn finance without a clause of collateral
Unsecured
Business Loans Fuel your business with a low cost finance
Urban
Hyena Finance Ravages Opposition
Use
Homeowner personal loans to finance your needs the secured way
Use
Real Estate Loans To Finance A Commercial or Residential Property
Use
Tax Credits To Help Finance Your College Education
Use
Your Yellow Page Savings to Finance Your Internet Local Search
Visibility
Using
A Mortgage Refinance Company Online
Using
Equity to Finance Home Repairs
Using
the internet to manage your family s finance
Want
a cheaper finance for your vehicle Try secured automobile loans
Want
to find the Perfect Dog for your home Then the Havanese might just be
the puppy you re looking for
War
of the Worlds Student Finance versus Life
Wedding
Loans Perfect Finance Option for a Perfect Wedding
What
Home Refinance does for you
What
is Bridging Finance
What
s The Truth Behind Your Finances
What
To Expect From A Havanese
WHEN
IS IT RIGHT TO REFINANCE
When
is the right time to refinance your mortgage
When
to get an Auto Refinance Loan
Where
and How to find Financed Notes
Where
to Get a Loan Consumer finance companies
Where
to Get Your Online Finance Degree
Why
Refinance Back into a 30 Year Loan
WHY
REFINANCE YOUR HOME
Why
should I refinance
Why
Talk about Your Finances to Strangers
Why
You Should Read Personal Finance Blogs
Why
You Should Refinance Your Credit Card
Will
You Qualify for that New Mortgage or Re Finance
Wish
You Could Finance Your Studies
Your
Competitors Offer Leasing Finance you should ask yourself WHY
Your Finances
|
