Friday, 1 May 2009 15:48
by
Andy M
The second quarter is already 1/3 of the way gone and I didn’t get the 2nd quarter planning guide tips posted. So you may have to double in May but here are a few ideas for the 2nd quarter on your quest to have monthly financial planning goals or objectives.
April: Hopefully you completed and filed your taxes by April 15th. It is also a good time to review your tax planning and make any adjustments needed. Also, make sure your first quarter budget still makes sense now that you have 3 months of history.
May: Make the tax adjustments you identified in April such as W-4 holdings or other tax changes so that you have enough time to make an impact for the current tax year. Also, take inventory of all your personal belongings in the event a disaster strikes. This will insure you have all the information for insurance purposes.
June: Review all your personal property insurance coverage limits and also your auto policies to make sure that you are getting all the discounts and have the maximum coverage you will need for any situation. This includes homeowners and renters insurance plus any other personal property insurance you may carry.