31. Organize Your Bills

Keeping track of your bills is a huge task that many people hand off to their spouse. It is important that both the husband and wife have a grasp on what bills need to be paid, when to pay the bills, where to find important documents, and where all the investments are for the family.

If you would prefer to have your spouse handle the day to day bill paying, you should have them keep a record of all transactions so you are able to take over without any problem.

Make a list of all monthly bills, investments, passwords. Keep all important documents in one location and show your spouse where you keep this list. Make sure to include any instructions or addresses of safety deposit boxes, names of account/financial advisor on your list. Keep a copy of your updated Will with this list would be beneficial.