Do You Keep Accurate Financial Records?

Lon · Post by **Lon** » Fri Feb 09, 2007 2:34 pm

For example: Do you know what you spend on food, entertainment, clothing, lattes, gasoline. Not just guesses, but pretty accurate information. Do you even feel it's important to know? Why? Why not?

SuzyB · Post by **SuzyB** » Fri Feb 09, 2007 2:38 pm

Lon;544406 wrote: For example: Do you know what you spend on food, entertainment, clothing, lattes, gasoline. Not just guesses, but pretty accurate information. Do you even feel it's important to know? Why? Why not?

I am terrible, I don't keep records of anything, not bank statements, receipts, bills, then i panic if i need them for reference. The only thing that i make sure is safe is the house insurance and passports

chonsigirl · Post by **chonsigirl** » Fri Feb 09, 2007 2:45 pm

I keeo track of medical expenses, since I need to know that for taxes.

Entertainment?! Like $2 a year.................................:wah:

nvalleyvee · Post by **nvalleyvee** » Fri Feb 09, 2007 4:28 pm

chonsigirl;544428 wrote: I keeo track of medical expenses, since I need to know that for taxes.

Entertainment?! Like $2 a year.................................:wah:

We live in the same world!!!!!

Indian Princess · Post by **Indian Princess** » Fri Feb 09, 2007 4:55 pm

Sure when I remember to

Lon · Post by **Lon** » Fri Feb 09, 2007 5:47 pm

chonsigirl;544428 wrote: I keeo track of medical expenses, since I need to know that for taxes.

Entertainment?! Like $2 a year.................................:wah:

I believe that you can only use medical if it exceeds 7.5% of your Adjusted Gross Income.

nvalleyvee · Post by **nvalleyvee** » Fri Feb 09, 2007 5:51 pm

Lon;544625 wrote: I believe that you can only use medical if it exceeds 7.5% of your Adjusted Gross Income.

This is true Lon...................hence the records. I have exceeded that every year for 3 years..............I am sure Chonsi has as well. Doesn't say much for our insurance companies does it? Try paying your deductible plus 20% on a major medical problem.

Lon · Post by **Lon** » Fri Feb 09, 2007 7:13 pm

nvalleyvee;544629 wrote: This is true Lon...................hence the records. I have exceeded that every year for 3 years..............I am sure Chonsi has as well. Doesn't say much for our insurance companies does it? Try paying your deductible plus 20% on a major medical problem.

OUCH!!!