Preparing early for a successful Tax Day

Last year, I promised myself to get on top of my finances. Whilst I have sorted out some of the bigger issues already, there is a lot more to do. The problem is that there is not always more motivation to do it – or time.

That’s why I decided to turn every action that’s needed to reach my goal into small actions which I can tick of as I go along. My thinking is that one small action every working day should get me to my goal by my summer time.

First and foremost, I will prepare for my tax return so that I can submit it ahead of time and with none of the usual pressure and anxiety if the postal service will get my forms there on time.

Before diving in though, my small task for this week is to set up a solid filing system. For the task at hand, I focus on digital filing. I scan all documents which I receive in the post and download my statements. This means I won’t think that much about my paper documents at this point and keep that task for post tax day.

I’m certain that this is the main step that will make all the following task and activities so much easier. That is why I’m spreading this one action over a whole week. Once my filing system is set up, it’s literally one small task of looking at one account a day and saving the necessary statements and files into the filing system. Easy! Stress free! Successful!

What is your way of going about the yearly tax filing? Are you thinking of starting early this year?

Clean your desk

Imgur ran a campaign asking people to clean their desks and the results are amazing!

What an inspiration. I’m a big fan of having a tidy desk since it gives me the head space to work efficiently. There are a number of studies looking at how clutter including desk clutter impacts people and they are worth while looking into since the topic is more intricate than it appears on the surface.

How about it? Want to join in the clean desk group?

I believe that small actions matter

I believe that small actions matter. All our actions, no matter how small or large have an impact on our environment, on people around us and on our own life. For example a kind word may make your colleague feel better; being a role model to a child waiting to cross the road may save its life one day.

At a larger scale, all our individual actions combine to impact a city, a country or the whole world as we see by news items around the world, examples being the unauthorised Catalan independence vote, Brexit or the financial crisis of 2008.

The root of these situations and problems is not a lack of education or a fault with the system. In my opinion, the problem is the fact that people are not aware of the full range of options and the respective consequences of their actions.

Over the next year, I will think out loud about my thoughts and ideas on the topic and why it is important to me. I’d like to hear your ideas and feedback as well to ensure an unbiased view of the world.

Therefore, I encourage you to think about your actions and whether they are result of a conscious decisions to improve your life in the long run. Or were they merely result of habit or outside influences?

More importantly, I invite you to take positive action and do the right thing every time you have the opportunity to do so.