Posts Tagged ‘accounts’
I am actually getting a chance to write on the day about our money and marriage conversation. This rocks! Monday is that day that I check all the accounts to start out the week as we prepare for the week. I have been very pleased with our planned spending and accomplishing several items on our task list that we made a few months ago. Achievement always makes you feel good.
Once I checked all the accounts, updated my ledgers and I proceeded to get ready to go to meetings for the day. The twins got up had their breakfast and prepared to leave. They were already excited about going to the meetings and making some notes. We would be gone pretty much all day and they were up for it. Such troopers – I love it.
Let’s step back for a minute and talk about the IRS. Once I scheduled the meeting the next three weeks were spent locating documents, making charts and clipping receipts together. Remember, I said to my husband that I had this under control. He said okay! Lesson 1: He believed in me to do what I said I would do when it came to preparation. Caution: If you and your spouse don’t realize you are on the same team, one of you could very easily sabotage the relationship or each other.
I was determined to get every piece of paper that we were being asked for. I didn’t discuss what was happening with anyone other than my husband. Lesson 2: You don’t need to include a lot of outside people in your marital business especially when it comes to money. That also includes family members. There are people that like a whole lot of drama! Newsflash – we are not that kind of couple. I found it served us real well to keep it between us.
I turned our family room literally into a battle zone. I needed to be able to spread out with all the different files, my laptop, and had more than enough reams of paper to copy documents. Let me say that this turned into literally a full time job until I went to the meeting. Lesson 3: When you know that you have been truthful about your information – you fight and be able to present your case without any doubt. Since I felt that way, I was cool headed and determined to do what was needed. Nothing was going to get me off of this project. Actually, I saw it as a new chapter in our Money and Marriage journey.
About two weeks prior to the meeting, I met with our account so that he could review the different documentation that existed and provide me with feedback on what would happen and if my documents were the right things. Remember to always have an expert for those areas that you don’t understand or not real comfortable with. MAKES all the difference in the world.
After meeting with the accountant, I discovered I was missing one or two charts. I felt confident because I still had time to finish putting it all together. I returned from that meeting and talked with my husband about what happened. He said okay babe, keep on pressing on. He continuously let me know throughout this process how much he appreciated my handling this.
This day was different because you were getting lessons all throughout this post. Go back and review them.
Money and Marriage Encouragement: Remain focused on the prize and go for it. Don’t get tripped up by the bump in the road.
Last week I went to the bank two days in a row and I was taking in everything that I saw. Let me ask the question: Who do banks serve? Are they there to help the consumer or to make more money off of the consumer? Let me recount what I saw.
Day 1: There was a gentleman there and he was attempting to find out what was going on with his account. Clearly he did not know that his account had been overdrawn based on fees and was quite unhappy. Appears that deductions had not come out when they were supposed to and his account was in the negative. The gentleman was continuously shaking his head as in disbelief.
Lesson learned: You must always always check your bank account and stay on top of what you have done when it comes to spending, deposits and deductions made.
Day 2: The twins and I go into the bank there is one man at the window and he is vocal. What is happening with my accounts? The bank is making more money off of me than I am putting in. He has several accounts and I don’t mean 2 or 3, he had many. I heard them say money market account, checking account and savings account. Then they shared with him there is a fee for every time a transaction was made. He said, I am too busy for that to happen. Then he asked the question: Why don’t the bank protect the consumer and contact them and say you know we have a better account for you or something of that nature. Oh, you know that banker could not say anything. I took it in and the teller was clarifying what this customer wanted – ALL ACCOUNTS CLOSED.
Lesson in this one: Know what the bank fees are for the different accounts, the number of transactions you can make prior to any fee being charged, is there a minimum balance required. Also if you are unhappy with your current bank – SHOP around and get what you DESERVE. I’m not for banks making money on their clients but providing inadequate customer service.