How to Organize Account Information

Creating a financial inventory is a good way to organize your account information.

Keeping track of your financial records is an important part of home organization. Having all of your important financial information in one place will help you stay organized and ensure that the information is easy to access in case of an emergency. Taking the time to organize your account information into a financial inventory is an excellent way to get your financial records in order.

Things You'll Need

• Notebook
• Lock box or safe (optional)

Instructions

1. Gather the most recent statements or account information regarding all of your financial accounts, including bank accounts, investment accounts, real estate, personal property, credit card accounts and legal documents regarding your estate.

2. Gather the contact information for all individuals and companies that have anything to do with your financial accounts, including banks, investment companies, financial advisers and lawyers.

3. Create one page in your notebook for each account that you hold or property that you own. On each page include the name of the account or a description of the property, the account number, contact information for the company, website address, log-in information (if applicable) and any other important information pertaining to that particular account.

4. Store your financial inventory in a lock box or safe or in a locked desk drawer to protect your confidential information.

5. Be sure that at least one other person knows that your financial inventory exists and where it is stored, in case of an emergency.

References

• Cash Money Life: How to Organize Your Finances With a Financial Inventory