February 2003
Keeping Your Finances Straight, What You Need To Know
Amy E. Gibb, MBA, CFP
Ever get a sinking feeling that your financial life is out of control. Whether you run a business or just want to get control of the family finances, bookkeeping is an important part of financial success.
Get started by purchasing some financial bookkeeping software. Quicken, QuickBooks, and Microsoft Money are a few of the programs available.
Focus on your top financial goals? Want to spend less and save more - track your income and spending, set goals and track your progress. Do you need information for your tax return? Track income and deductible expenses like donations, medical expenses, and mortgage interest, plus investment basis. Want to see how you are doing financially and if you are making progress towards financial goals? Track assets, liabilities and see if your net worth is increasing over time.
Keep it simple. Save time and money by reducing the number of accounts you have. Use monthly statements to enter information into your financial software. Compare your progress to your goals. Celebrate your successes.
Get help if you need it. If you need help setting financial goals, understanding more about your money or keeping track of your finances contact a Certified Financial Planner, CPA, Bookkeeping or other financial professional.
Amy E. Gibb, MBA, CFP
President
Money $ense
Amy@MoneySenseSolutions.com, www.MoneySenseSolutions.com
303.494.5362
Financial Advising for individuals and business owners
"Money isn’t everything, Managing it is"
Amy E. Gibb, President of Money $ense, specializes in Bookkeeping Services and Financial Advising for small businesses and individuals. She may be contacted at 303.494.5362, or for more information go to www.MoneySenseSolutions.com.