6 Tips For Getting Your Finances In Order For 2015

holiday financialFinancial Confidence For 2015

To start the New Year on a fresh, confident foot, it is important that you take some time to go over your finances. Completing this task will ensure that you and your assets are ready for the unexpected at all times. Gathered are 6 helpful tips for getting your finances in order for 2015:

  1. The most important step is committing to organizing your finances.
  2. When was the last time you checked your credit report? Now is the perfect time to do so to ensure that there are no discrepancies unnecessarily bringing your score down.
  3. The next step is gathering all of your financial paperwork so that you can organize them. These documents include your credit card, utility bills, phone, and bank statements, as well as your insurance and mortgage payments. If you have any other financial debts, you will also want to gather those documents.
  4. Next it is time to organize all of your financial documents. Using separate file folders with a clear title as the label does this best. We recommend putting the company name and year for optimal organization. Once you have a labeling method, mirror that method across each file folder. For example, if you file your tax returns under Tax Year 2008, you must follow the same wording for each of the following years.
  5. Do you have enough insurance coverage? Now is the perfect time to safeguard your assets by confirming coverage of your existing insurance policies. Completing your 2015 annual insurance review will help you feel confidence in the security you hold.
  6. One of the most important parts of securing your finances involves having an emergency fund. This means having a substantial amount of money, approximately 3 months of income worth, in case of an emergency.

Contact The Misner Agency for your insurance needs. We operate in Bloomingburg, Livingston Manor, Westtown, and Woodbourne, NY.



Our offices will close at 3 p.m. Wednesday, November 22, and will be closed Thursday and Friday for the Thanksgiving holiday.