Recently, I read a Magazine called City Woman. One of the first articles in the magazine really spoke to what we believe in here at Dovetail. The first message was by Colette Southam and she says "One of the best investments you can make is in your own education...You can it slowly over time."
When we developed dovetail organizer, it was exactly for that reason. A very easy comprehensive tool to help you understand what you have, what your partner has if you have one, where the information is kept and if you need to make any decisions on what you have and if it is up to date. As you uncover information, you learn and you grow. And you are much more prepared for dealing with your information because you know what it is. You are empowered by the knowledge.
The checklist that appears in this magazine is to the point and is a follows:
All women should:
*know their current net worth
*have a solid grasp of their household's monthly cash flow and expenses
*have an understanding of their retirement plan
*understand the risk in their investment portfolio
*know where important documents are kept (which includes investment statements, life insurance policies, wills) *****all this in included in the dovetail organizer***
*ensure they have enough life insurance on their partner or their own life
*plan for the unexpected death of their spouse, or divorce
*understand their tax situation and ways to save taxes today and in retirement (i.e. income splitting)
Spend sometime on yourself in the next few months and work through this checklist. You will be glad you did. And I bet you will learn more than you thought you would.
Gayle White-Malloy
www.dovetailorganizer.com
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