Finance admin made easy with new app

2012-09-01 12:32

While it is important to keep track of your daily expenses as well as your longer-term financial goals, you also need to ensure that your financial administration is up to date.

If you need to urgently get hold of important paperwork, do you have any idea where you have filed it or even where you can find it?

I have to confess that after moving house nearly two years ago, I still haven’t managed to find time to sort out my financial administration.

In fact, right now I only have a vague idea of which of the boxes contain my will and property papers.

I also realised that if something happens to me, it is going to be difficult for my husband or even my children’s guardian to access all my investment and insurance information.

With this in mind, I recently downloaded My Lifetime Tracker.

It is a great way to start organising your administration through a series of personal and business record-keeping templates.

These will guide you to collect, copy and store your important information.

It contains five modules that you can download, fill in and save.

The system provides an essential summary of everything that you have and will require your (and family’s) personal administration, finances, health and wealth, lifestyle and employment history, and property and estate planning procedures.

The various sections help you to keep track of your personal and family details, important numbers (who
to call) and where to find essential details.

It will not only take you through steps to locate and place your affairs into a logical and efficient sequence, but it will also guide you in carrying out tasks you may have put aside such as a living will, organ donation, insurances, health checks, planning a move and many other important steps.

Once you have completed the task, the updates are easy.

There are five modules. You start with those that are most relevant to you and the cost is affordable at R280 for all five modules.

These are:
» Living Today – the main file which should be completed as a priority;

» Creating Lifetime Value – further details relating to your assets;

» Caring for Your Health – you and your family’s health details, in more detail, all in one place;

» Homemaking – full records and documents for your property and belongings; and

» Leaving a Footprint – important, comprehensive sections to do with estate planning.

How does it work?
My Lifetime Tracker allows you to download the five templates onto your computer or tablet.

You can complete them on your own time and store them in a safe place your computer memory or on a disk.

This means that you can work independently of the internet and only you or your nominees will have access to your records.

All the details you fill in remain confidential to you and whomsoever you choose – basically you dictate how and where to save your My Lifetime Tracker information.

This system of record-keeping and personal organising files can all be filled in, or you can just use sections according to your needs and time of your life.

You can go back and fill in the other sections as and when they become relevant in your life.
It may even help you to write your life story for future generations.

» Visit www.mylifetimetracker.co.za for further information

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