Submitted by admin on Sat, 04/02/2016 - 00:07
- File a new W-4 form for a better return on investment.
- Book your air tickets to keep your expenses down on your summer travel plans.
- Check how your budget performed in the first quarter of 2016. Change it if necessary.
- Use your extra money to reduce your credit card debts and student loan debts.
- Make smart investing plans to qualify for tax deductions in the next financial year.
- De-clutter your financial documents and make a fresh start.
- Check out the tax mistakes that can push you towards trouble in 2016.
- Find out how soon you can expect to get a tax refund and explore the unusual ways to spend it.
- Install energy efficient equipments in your home to qualify for tax deductions.
- Make sure you take advantage of child tax credit to save on tax.
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Financial to-do list - March 2016
- File your income tax returns by the end of this month.
- Come up with a debt repayment plan to do away with your outstanding debts.
- Create a budget for the kids’ summer activities.
- Check your financial papers and remove the unnecessary ones.
- Update your beneficiaries on your insurance policies and retirement saving accounts
- Automate your charitable donations so that you don’t have to give a big amount at the end of the year.
- Check your credit report and correct the mistakes.
Financial to-do list - February 2016
- Get ready for the tax filing season. Organize your W-2 forms and 1099 C forms, records of charitable donation receipts, etc. properly.
- Save money if you’re planning for a spring break or a summer getaway.
- Check out the promo codes if you’re planning to shop online for the Valentine’s Day.
- Check your credit score. If it isn’t good, then plan your to-do list to improve it.
- Have a talk regarding money and finances with your spouse.
- Track your progress on your financial resolution. If you’ve stopped taking steps by the second week of January, then it’s time to give another shot to fulfill your resolution.
- Adopt one good financial habit so that you can take a one step ahead to become a good money manager.
Financial to-do list - January 2016
- Pay off your holiday debts. Deadline - 31.1.2016.
- Plan your vacation, back-to-school, holiday budget for 2016.
- Decide about your new savings goals for 2016.
- Buy a nice gift for your Valentine in advance.
- If you’re likely to get a tax refund, then file as soon as possible. Deadline - January 25, 2016.
- Create an emergency fund for the rainy days.
- Make your investment plans for the year.
- Review your insurance coverage and decide if you need to change your insurer.
Financial to-do list - December 2015
- Create a plan to use your holiday bonus. Allocate 10 percent of the bonus for fun and 90 percent for financial priorities.
- Review your financial progress in 2015 and create a new plan for 2016.
- Donate to charitable organizations before December 31, 2015 for tax savings.
- Pay off your debts so that you can start the new year without any financial stress.
- The open enrollment period for Medicare is December 7, 2015. Make sure you enroll in a Medicare Advantage Plan by this deadline.
- Enroll in Affordable Care Act or change your plan by December 15, 2015.
- File W-4 and think about the tax filing returns before the year ends.
- Get exciting deals and Christmas coupons at retailmenot.com, coupons.com, goodsearch.com, etc.
Financial to-do list - November 2015
- Snag the best Black Friday deals from Blackfriday.com and check out the coupon codes at Walmart.
- Use credit cards with lowest interest rates for shopping.
- Create a special budget for your last-minute festive expenses.
- Buy Windows tablet, kitchen goods and appliances as they will be available at low price.
- Book your air ticket on the Thanksgiving morning. You’ll reach your venue in the morning and save minimum $200.
- Create your shopping list for Black Friday, Thanksgiving, Cyber Monday and Christmas.
- Create a budget for charitable donation to save tax and avoid getting requests for donations during Christmas.
- Put money in the stock market since it’s the best time to invest.
Financial to-do list - October 2015
- Establish a SIMPLE-IRA if you’re a self-employed person. Deadline: October 1, 2015
- File your individual tax returns. Deadline: October 15, 2015.
- Get amazing Halloween coupon codes from Groupon and exciting deals from Hotels.com, OrangeOnions, IHOP, and Disney Store.
- Redeem your reward points and book your air tickets if you’re planning a tour in December.
- Dip your credit or debit card when you buy something to enjoy a hassle-free shopping experience.
- Buy a new set of tires to save your car from chilly winter onslaughts.
- Sell your unwanted items in a yard sale or at a consignment store to boost your Christmas fund.
- Have a talk with your co-workers and buy the best gift to impress your boss on the Boss Day. Deadline: October 16, 2015
- Create your holiday budget for 2015. This would include how much to spend on gifts, travel and food.
Financial to-do list - September 2015
- Save money for NFL tickets for yourself and relatives. You can check here for tickets: Stubhub.com , ticketcity.com, etc.
- Get coupons and promo codes for NFL tickets from retailmenot.com/coupons/nfltickets.
- Have a look at your favorite NFL team’s fan forum. You may get some tickets for free.
- File your (i) corporate tax returns (ii) trust income tax returns (iii) partnership tax returns for the 2015 tax year by September 15, 2015.
- If you’re self-employed, then set up SIMPLE-IRA for 2015 by October 1, 2015.
- Get coupons at Black Angus Steakhouse and other top restaurants to have sumptuous meals.
- Buy vehicles, appliances, school supplies, jewelry, old models of iPhone this month. You’ll get heavy discounts on these items.
- Participate in the National PrepareAthon and get your toolkits to be ready with your emergency plan for your family and pets.
- Make a special plan to meet your financial goals in the last quarter of 2015.
- Review your accomplishments and decide what else needs to be done to get a good performance review at the end of the year.
- Tons of discounts and deals are available on resorts as they’re quiet and less crowded. You can have a romantic getaway there during the Labor day holiday weekend.
- Take your kids to amusements parks as tickets are cheaper during this time.
- Check out the amazing deals in Amazon and Walmart for back to school shopping.
- Look for student aids and grants.
- Buy school supplies on Sales tax free days (http://www.freetaxweekend.com/), mainly within the first 10 days of August 2015.
- Buy or rent new/used textbooks at affordable price.
- Calculate how much you saved in 529 savings account if your kid is going back to school.
- Ask your children to upload or share their CV or resume in job portals for short-term Fall jobs after joining their schools and start saving for the festivities ahead.
- Save money for a professional wardrobe and presentation - a suit, a leather portfolio, shoes, wrist-watch, tie, belt, wallet, pen, business card-holder, a brief case.
- Save money to buy the National Football League games’ tickets with your school buddies.
- Create a budget and plan a menu to celebrate the upcoming friendship week with your School friends.
Financial to-do list - August 2015