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Financial Planning Tips
for June 2010
Review Your Insurance
Policies
You reviewed your "asset" policies in April. This month,
review your life, health, and disability insurance
policies. Check with your employee benefits office as to
what programs are available. Make certain you have
adequate coverage. If you have a question on what is
adequate, call us at 301-657-8080 to determine the
appropriate amounts for your age and income.
Lower Your
Utility Costs
Review your utility costs for the year. Make certain you are
getting the best possible deal where multiple providers are
available. For example, obtain competitive quotes for
long-distance phone service. For other utilities, review your
usage to see if any savings are available. Consider the use of
annual "budget" plans with the utilities to even out annual
payments.
Analyze Budget vs
Actuals
Compare May income and expenditures with your budget. Make
adjustments as appropriate to your June expenditures. Make
sure you have invested your planned savings amount for May.
For insurance questions or more information call me, Paul Sullivan, at 240-316-3531.
2010 Hire and
Health Care ACT
(Audio Replay)
Last month several senior staff
members held an hour long conference call to discuss the new
2010 Health Care Reform Act and Hire Act.
We gave detailed explanations on
how you can TAKE ADVANTAGE of these new programs PLUS answered
several questions.
If you missed the call, you can
listen to the AUDIO REPLAY live or download the MP3 by
clicking here and following the instructions. Turn
on your speakers to listen.
For more general accounting tips go to our
Newsletter section on our web site at
www.eSullivan.net or
call me, Paul Sullivan, at 240-316-3531.
Call our offices if you have any
questions about these or any other accounting related issues, at 301-657-8080.
Regards, Paul Sullivan, CPA |
