My Financial Calendar: 12 Months of Money-Saving Tips

03/11/10 | Hollis Page Harman | 2 Comments

Get your finances in tip-top shape within the next 12 months by following this financial calendar:



 Increase savings.

  • Match your 401k contribution to your annual raise.
  • Add an auto investing program with monthly withdrawals from checking or savings.


 Fund your last year's IRA.

  • April 15th is the deadline for last year's contribution.
  • For 2009, the deductible limit is $5,000.
  • Over 50? Add $1,000 extra to catch-up.



 Organize your tax prep.

  • Watch for W-2s and 1099s by the end of the month.
  • Call each employer and investment firm if you miss their form.
  • Expect a two-week turnaround for these requests.


 File your tax return or six
 month extension

  • Get quicker refunds and fewer mistakes.
  • Use direct deposit for even faster receipt.


 Pay down debt with tax

  • Average individual refund in '08 was approx. $2.3k; pay down debt.
  • Add to savings.
  • Add to 401K.


 Service your car.

  • Save on gas when prices are higher in the summer.
  • A clean air filter can boost fuel economy by 10%.


 Do a credit check; improve
 your score.

  • Free from Equifax, Experian and TransUnion.
  • Via web, mail or phone.
  • Use debit v credit.



 Prepare/review your will/
 estate plan.

  • Do it yourself with WillMaker.
  • Consult an estate attorney for advice.
  • Review annually as your life changes.


 Plan for your kid's education.

  • Invest in a Coverdell
  • Invest in a 529.
  • Non-deductible payments grow tax free.
  • Withdrawals are tax free for qual costs.


 Prepare your home for winter
 with an energy audit.

  • Find out what your costs should be.
  • Can you adjust and save both energy and cost?
  • Some audits are free.


  Watch for holiday sales.

  • Avoid the rush.
  • Buy great gifts/great prices.
  • Budget with more pay periods.


 Make smart tax payments by

  • Need deductions?
  • Donate to charity.
  • Make early property tax payments.
  • Make early mortgage payments.



© All Rights Reserved. 2010.  Hollis Page Harman is a Registered Representative with and offers securities through LPL Financial.
Member FINRA/SIPC. CA Insurance Lic # 0E22834. T 310 551 6079
LPL Financial, 1925 Century Park East  #400, Los Angeles, CA 90067


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  • The Financial Calendar is easy to follow. It doesn't seem so overwhelming when the items are broken down month-by-month. Thank you for the suggestions.

    Posted by tnorodom, 25 March 2010.

  • I love this, as a financial educator, I'm constantly looking for tools to help my participants get organized and this is one of my favorites.

    Thank you!

    Posted by sheilajacobs , 21 March 2010.