Skip Nav

Kiplinger May 2008 Issue

The Essentials for Your Financial ToolKit


So many of us are in the habit of filling up our schedule to the brim, leaving little time to focus on our finances. Kiplinger's May 2008 issue acknowledges that we don't have all the free time we'd like for attending to our money issues. Rather than go all or nothing with improving your finances, they've provided an easy to sort through "Essential Financial Toolkit" that allows you to quickly choose the topics that interest you most. It's organized into four categories, Personal Finances, Investing, Credit and Retirement, and each task within these categories can be accomplished in five steps or less. Here are some highlights from each section, and you can see all of their essentials with their corresponding steps on their website.

  • Personal Finance Toolkit: Their 12 essentials in this kit include steps for tasks like complaining and getting results, starting a 529 plan, and boosting your paycheck.
  • Credit Toolkit: This section includes steps for six essentials like lowering your credit card rate, deciphering your credit card statement, and fixing an error on your credit card statement.
  • Retirement Toolkit: Learn what steps you need to take for transferring your IRA, rolling over your 401(k), and setting up a Roth IRA.
  • Investing Toolkit: Their 12 essentials in this kit include information on diversifying investments, how to open a brokerage account, and tracking investments online.
Latest Smart Living

Download our Halloween app!

Go to App Store
+