As I was writing out my monthly resolutions it hit me: I've got 4 weeks to wrap up my 2008. There are things that need to be done, and not all of them pretty. So I've made a list...a friendly reminder, if you will, of things to get done before the end of the year:
- Use any flex spending money you have. Many employers offer pre-tax medical and/or transportation spending accounts, but those accounts function by calendar year, so if you have any money left, spend it now. I just hit up my local drug store and spent $100 on Band-Aids, decongestant, antibiotic ointment and condoms (yup condoms are covered). The cashier looked at me like a was a bit paranoiac, but it's my money and I'm going to spend it. (This easy five-step plan will help you save more and spend less, without scrimping.)
- Clean out your closets. Many of us make charitable contributions around this time. Good for non-profits and good for our souls, and also good for your taxes, but this year budgets are tight. You can still give though, and clean your homes to boot. Donate your unwanted clothes to a local shelter or thrift store; you can still write off your donation in your taxes and you can directly help those in need this winter.
- Invest in your retirement accounts. Got a 401k, 403b, or IRA? You can only contribute a certain amount each year and still receive tax benefits, but you should definitely talk to a financial planner about your specifics. Plus, as dismal as the stock market is right now, 'tis the best time to buy; you're buying oodles and oodles of shares at bargain prices. If Warren Buffet says it, it must be true--I have a total crush on that old man. (Be smarter about your finances, whatever your age or stage.)
MORE FROM KIM AND SELF:
- The Sporty Spice gene
- Reach Your Goal!
- Get fit and firm in 4 short weeks
- December resolutions
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