My Financial Resolutions for 2004

 
1.0         Set up a system.
          Getting organized requires a physical setup as well as a new mental attitude.
                                            Folders for :
·               Deductible expenses
·               Banking
·               Investments
·               Tax-related items
 
2.0          Bank online.
 
3.0     Track everything financial online.
 
4.0     Get out of debt.
 
5.0   Review your RRSP & RESP allocations.
 
6.0       Check your insurance coverage.
 
9.0       Check your estate plan.
 
·               Look at setting up a revocable living trust
·               Set up or check your will
 
9.0       Set new goals.
·                 Follow this rule: “Set no goal you can”™t control!”
·                 As you list your goals, include plans for achieving those goals.
 
9.0           Make a contact list.
·                 If you”™re trying to change your life, do some networking
·                 Be ready to introduce yourself to strangers
 
10.0   Pick one new project — and get started.
·               Nothing is more motivating than a sense of accomplishment
·                 So pick one task — and start right now
 
 And one last bit of advice:
 
 Count your blessings, not your assets. And don’t stress out over resolutions — just do them!
 
 
Reference:
1)           http://moneycentral.msn.com/content/SavingandDebt/P43219.asp
2)            “data aggregation” —   http://moneycentral.msn.com/my/default.asp
3)           Insurance —       http://moneycentral.msn.com/insure/welcome.asp
 
Pravin Shah                                                                                                                                           January 1 , 2004