Page 13 - Financial Workbook

More Financial Documents
As you gather the facts of your finances, make sure you have included all your sources of income and spending such as money from friends or family, checking and credit card accounts, payday loans, etc. Be certain that everything is accounted for. These next items will complete your financial picture.
Financial To Do’s
Tax Returns
Paycheck Stubs
Credit Report. annualcreditreport.com is the free site to access your Credit Report.
The Tax Return will be useful information for you and your coach. However, if you have not filed a return or owe the IRS any back taxes, be sure to let your coach know. Past-due IRS or state tax payments (along with past due school loans) are very serious
and need to be addressed quickly. More information:
Filing Late
IRS Withholding Calculator Self -Employed IRS Workshops
Paycheck stub(s) are useful in determining what deductions are being taken out. Do you know what each of the deductions is for? If not, ask your HR representative or payroll person what each one means.
Credit Report: According to the Federal Trade Commission, only one website is authorized to fill orders for the free annual credit report you are entitled to under law — annualcreditreport.com. Equifax, Experian, and TransUnion are required to provide you with a free copy of your credit report, at your request, once every 12 months. It is important to check your credit report to ensure accuracy and to make sure no one else is using your credit. more
Once these homework assignments are complete, you will have a pretty good idea of where every penny
of your money is being spent.
Did You Know...
physical and mental toll of battling an illness is overwhelming even saving their lives.
Luke 14:28-30 (NIV)he
that in Luke, Jesus uses a logical financial principle about “counting the cost” of our
endeavors: “Suppose one of you wants to build a tower. Won’t you first sit down and
estimate the cost to see if you have enough money to complete it? For if you lay the foundation and are not
able to finish it, everyone who sees it will ridicule you, saying, ‘This person began to build and wasn’t able to
finish.’ ”
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