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Simplify Your Financial Life
Source: NBN/ CP RadioWire
Aug 11, 2003, 14:43

As summer comes to an end and the days get shorter, time is of the essence.  Take time now to simplify your finances and you�ll have more time to enjoy life.  Rande Spiegelman of Charles Schwab:

 

�Here are four tips to help you simplify your financial life: first, consolidate your investment accounts with a single provider. Too many accounts scattered about makes it harder to track your investments and could cost you more; second, if you currently carry a monthly balance on multiple credit cards, try consolidating all debt into a single tax-deductible home equity loan or line of credit, keeping only one or two major cards for purchases you can pay off each month; third, filter the noise - following the daily news too closely can be bad for your financial health if your goals are measured in years.  Finally, remember the �KISS� principle - that's keep it simple, sweetheart.  But also remember, simple doesn�t mean simplistic and simplification should never lead to neglect.�  

 

For additional tips on how to simplify your financial life visit schwab-dot-com.

 

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