Speed of Time….Another Year! Another year!

We complain about how fast time moves, the day, week, and month. Suddenly a year is over. You are now into 2005 and it’s tax time. Are you prepared? Has time moved by for you to fast and you don’t know how to stop it. What are you doing about this? We are unforgiving about this pace, but try to keep up with it. The fast pace of life around you is similar to constantly running on a treadmill. The only way to stop it is to get off the treadmill, take a deep breath and take control of your life and the racecar speed it is traveling in. How do you get your arms around it? A successful life is being in control. It’s directly related to being organized. When are accomplished at organizing and managing your life, you are qualified to balance your own internal speed with the speed around you. You make the choices. It’s all about time. Time is not managed, time is organized. First in your home by organizing the space you live in and then organized in your workplace. Is your tax preparation in disarray this year?
Research estimate that two hours of productive time is wasted each day through disorganization and clutter. This causes stress, tension and time loss. Time is like the speed of sound, which moves at Mac speeds, in Nano seconds. Time is money. Getting your taxes prepared properly and in on time is saving money. You lose time, you lose money. When you lose personal time you lose also lose a valuable asset and you lose opportunity. The origin of this rapid pace is traced back to the 1200’s with the great explores, traveling across the world. That movement was the beginning of speeding up time and the exposures to worldly cultures. Then came trains, telegraph, telephone, automobile, air travel, one way radio, two way radio, the mail system, television, satellite, Ups, Fedex, shopping convenience, mail order, computer. All contributed to the world moving faster. You deal with this fast pace by finding your own internal rhythm. By not allowing the speed of life around you, control you. Find your speed that you are comfortable with. Balance it with being organized and you will always be ready to take advantage of opportunities.

If your tax prep is not in order, break them into categories, Interest paid, interest received, mortgage interest paid, dividend imcome, Ira contribution, capital gain, capital gain loss, property taxes, real-estate transactions, medical payments not covered by insurance, contributions, business expense receipts, child support, moving expenses, other income. Total each category up. Being organized is being ahead.

Start 2005 tax year by starting your tax preparation now. Start by acquiring a portable file box. Create file folders. Title each with the required tax-filing category that relates to you. Begin your filing as soon related categories enter your home for 2005. File now and in 2006 you will not only be ready, but you will not experience the stress rush. Get time on your side. Find your rhythm.