Page 1 of 1

Do You Keep Accurate Financial Records?

Posted: Fri Feb 09, 2007 2:34 pm
by Lon
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?

Do You Keep Accurate Financial Records?

Posted: Fri Feb 09, 2007 2:38 pm
by SuzyB
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

Do You Keep Accurate Financial Records?

Posted: Fri Feb 09, 2007 2:45 pm
by chonsigirl
I keeo track of medical expenses, since I need to know that for taxes.

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

Do You Keep Accurate Financial Records?

Posted: Fri Feb 09, 2007 4:28 pm
by nvalleyvee
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!!!!! :lips:

Do You Keep Accurate Financial Records?

Posted: Fri Feb 09, 2007 4:55 pm
by Indian Princess
Sure when I remember to:lips:

Do You Keep Accurate Financial Records?

Posted: Fri Feb 09, 2007 5:47 pm
by Lon
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.

Do You Keep Accurate Financial Records?

Posted: Fri Feb 09, 2007 5:51 pm
by nvalleyvee
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.

Do You Keep Accurate Financial Records?

Posted: Fri Feb 09, 2007 7:13 pm
by Lon
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!!!