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Issue # 22

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The One Minute Wealth Tip Newsletter
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The Society of Wealth Crusaders


Financial Planning Dos and Don’ts


These suggestions, if followed, will have the effect of adding to your peace of mind about financial matters and simplifying your life.

At least once a year, write down your investment goals and what strategies you will use to reach them. This will keep you focused.

Instead of giving money to many different charities, pick a few that are important to you, and give these a larger amount. This type of directed giving not only makes more sense, but will make it easier to track your donations at tax time.

Inventory your household possessions, with a camera or camcorder if you desire. Keep the inventory at work or in a safe-deposit box. This inventory will help should you need to submit a homeowner’s insurance claim.

If you have doubts about entering into a transaction, don’t do it. You’ll probably save yourself money, time, and aggravation.




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