It's April 16 which means the taxes are DONE. PAID. Time to exhale. (You, too? Are you feeling as relieved as I am? Let's take a moment to high-five. We've earned it. *smack*)
When you're self-employed, there's plenty of tax-related recordkeeping to do. I've never set up a consistent system, though, so getting the numbers together for my tax preparer is still a fair amount of work.
That's right, I don't even DO my own taxes, and I still find the whole process…taxing.
This year I want to do a better job of organizing my financial life so that tax time is more about gathering easily-accessible data rather than fumbling down the previous year's paper trail.
My goal is to organize my finances and recordkeeping just enough but not too much. Just enough so I have the data I need, but not so much that I'm overwhelmed with unnecessary detail.
Doesn't that sound good? Want to join me?
Let's do this together. Let's talk about money systems.
I want to hear about your just-enough-not-too-much approaches to finances. Examples:
- filing: what to keep, what to shred
- paying bills
- tracking spending
- budgeting (and whether you think it's necessary)
- organizing tax records
- tools you use (apps, web services, online bill pay, your check register, a notebook, etc.)
- books you've found helpful
- anything else you think is relevant to the "organize your money" conversation
Email your hacks to me at firstname.lastname@example.org with the subject line MONEY.
I'll gather the most useful hacks into a series I hope will help us all.
Thanks, everyone. I can't wait to hear your ideas. Today's the day to take a step toward more organized finances now and simpler taxes next year!