Comments on: 10 Ways to Simplify Your Personal Finances

By: » Important Inheritance Tips For Your 401(k)

» Important Inheritance Tips For Your 401(k) — Thu, 22 Jul 2010 13:33:19 +0000

[...] in proper order. As an aside, so much of good personal financial management is staying organized, simplifying and making sure you’re on top of [...]

By: Jason Price

Jason Price — Sun, 07 Mar 2010 20:36:15 +0000

Rat, thanks so much for visiting and I appreciate the comment! Yes, once the mortgage is paid off, there is so much extra money that can be used for building long-term wealth. They key to accomplishing that goal is to make sure the mortgage is affordable to begin with and that it doesn’t overrun other budget categories.

By: The Rat

The Rat — Sun, 07 Mar 2010 20:04:06 +0000

I think having an affordable mortgage is key b/c once you have a home paid off, its a lot easier to plow your hard-earned cash into investments!

Nice post! BTW – First time visitor. Nice site!
.-= The Rat´s last blog ..BIN Revisited: From Tantrum to Tantalization =-.

By: Shaun McGowan

Shaun McGowan — Fri, 26 Feb 2010 23:41:19 +0000

Great list! I love your idea on how to create a monthly plan.You share some great opinions and insight here.

By: Jason @ One Money Design

Jason @ One Money Design — Fri, 26 Feb 2010 02:09:21 +0000

I think the trick is to file regularly and not let the documents pile up on your desk.

By: Jason @ One Money Design

Jason @ One Money Design — Fri, 26 Feb 2010 02:08:18 +0000

Jason, I haven’t quite opted out of receiving statements, bills, etc. There are some in which I probably need to do so, but I also use my financial file for sales receipts, tax receipts and a lot of other things. Yep, It think my file is here to stay for a while.

By: Carlos

Carlos — Thu, 25 Feb 2010 18:04:11 +0000

I’m with Jason! The portable file for your docs is so key. I don’t know how much time I’ve wasted looking for documents that were all over the house. Having one place for docs saves time and your sanity!
.-= Carlos´s last blog ..CarlosFrank: OPM? What’s the most powerful form of it? "Other People’s Money" or "Other People’s Mistakes"? =-.

By: Jason @ MyMoneyMinute

Jason @ MyMoneyMinute — Thu, 25 Feb 2010 15:47:49 +0000

I like the idea of a portable filing system. Then again, there’s not much that needs to be filed these days with the advent of electronic storage. All your bills can be reviewed online, so there’s no big reason to hold onto the paper version. Passports, wills, life insurance, and birth certificates are stuff I can think of off the top of my head that you’d need filed at home.

You also touched on it, but I think an online money management program can be beneficial & help simplify your finances. Mint.com has been great for us. I’d like to try Mvelopes someday, but they don’t have an iPhone app which would be a nice feature in our household.

Good stuff!
.-= Jason @ MyMoneyMinute´s last blog ..Tax Refunds: Does Size Matter? =-.