What does outsourcing your personal bookkeeping mean?
Whether you’re a single individual or the head of the household in your family, having your financial life in order will help you:
Run your household smoothly and efficiently by:
- Paying bills on time (hence, better credit ratings)
- Planning ahead for unexpected expenses
- Sleeping better at night!
Make important decisions such as:
- Making major purchases (car, home, etc.)
- Consider whether or not to get a loan
- Plan vacations
- Plan for college
- Decide how much capital to invest in a new business
Take advantage of special tax deductions:
- Moving expenses
- Job-search expenses
- Special Transportation costs
- Care for elderly parents
- Claiming Dependents’ Expenses
We work with and recommend two personal finance management softwares including:
Quicken - Quicken offers multiple solutions whether you want to manage your rental properties, investements or your home and business in one. Prices range from $59.99 to $149.99.
Mint is the online, free money management software owned by Quicken. It’s an awesome tool that allows you to manage all of your personal accounts in one place: credit cards, bank accounts, mortgage, auto, retirement and investments. It’s the perfect tool for debt management, budgeting, savings goals, taxes, investing, and day-to-day money management.
Mint emails you every week with your financial summary, however it’s a great for those that need daily access. They offer a free mobile app for iPhone and Android that allows you to see your cash flow, budget and all of your accounts in one place.
Mint does not offer the extensive reporting capabilities QuickBooks or Quicken Desktop offer. This is where we come in, making sure the data makes sense, it’s accurate and it is meeting your needs.
We can assist you in setting up your Quicken or Mint account. We will keep it up to date for you so you have the information you need at the click of a button.
Contact us today to setup one of the solutions we offer for your personal bookkeeping.
