371,918 views
2 votes
2 votes
How does keeping organized financial records contribute to successful money management?

User Smilingbuddha
by
2.2k points

1 Answer

24 votes
24 votes
By keeping organized financial records, activities such as filing annual state and federal taxes will be more efficient. Keeping good records can also help you maximize deductions and provide the necessary proof of expenses in case of an audit. Measuring financial status and progress.
User Phill Sparks
by
2.8k points