59

Tip #59 : Keep Your Records Up To Date

Not knowing what is going on in your own financial life is courting disaster.  Keep one file folder in your home which contains your financial information - and review this periodically.  If something changes in your life - you get married, you start a family, you move or change jobs, look through your financial folder and contact everyone who needs to be contacted to update them on the change.  This will help make sure that all your creditors have the information they need about you. Keeping your own records up to date will help you make sure that everyone who handles your finances is also up-to-date.

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