Physical Assets
Are you ready to start getting your information organized? If so, there has never been a better time to join the Facts of Life Book Course and Community. The course launches in January of 2023 and right now you can lock in a guarantee of lifetime access for the lowest price ever! Join now to get in on all the goodness that's coming.
Your physical assets like your home, car, and family treasures form some of the most important items you will share amongst the generations of your family. In The Facts of Life Book Course and Community you'll get access to resources to help you keep all of the information about your physical assets in order.
Gathering physical asset information
To get started with any of these options, the first step is to make sure you have your information collected about physical assets. Here are some typical resources people like to have available as a part of their Facts of Life Book.
Paperwork associated with your mortgage
Paperwork associated with automobile and recreational vehicle purchases/gifts
Date of major purchases. These can be kept right in your life timeline.
A physical inventory of your home, as well as any off site storage locations.
Major purchase receipts
Records of updates and repairs made to physical items
Any ongoing claim information (insurance, legal, etc.) which has a financial component
Resources
In the Facts of Life Course and Community, you'll gain access to carefully curated and evaluated resources including web sites, tools, books, and more to help you gain more knowledge and information in areas that might be particularly important to you. Here on the website, I share just a few of my favorites for each major topic.
If you're a home owner, you know that it's a lot of work to keep your home in excellent working order. This is a great list of monthly and seasonal home maintenance tasks.
Vehicle owners also have to contend with a load of maintenance efforts. This guide gives you a good overview at everything required to maintain your vehicle in excellent working order.
Important documents have a different "shelf life". Suze Orman's site has an easy to follow list of how long to keep various types of documents. These are a bit broader than just financial information but a large majority of them are related to finances.