So you’re sitting down reading these words that I put together. Seems like a nice relaxing thing to do, but could there be a better use of this time?

If this article prompts you to spend one of the most beneficial hours you’ve ever had, then no. There are only four things that you will do in this hour. Give it a try.

1) Organize your important papers. Things like deeds, mortgages, leases, life insurance details, warrantees and other things. Put them all in one place and anything new that comes in should be put there directly.

2) Start a tax folder.  You need your W2, and you won’t get that until January or February, but there are things that should go together to help you get organized for when you do your taxes. Things like the tax preparer’s bill from last year, educational expenses, and receipts from the home depot. With all of these things together in one folder or box, it’ll be much easier to find a spot to put these types of things when you get them. Here is a more complete list if you need one.

3) Start using bill pay at your bank. For more on this check here.

4) Set up a budget. For more on this check here.

OK, so it might have taken you an hour and ten minutes, but I promise that you will be much more prepared for the future. If you haven’t started this list yet, do it. Don’t hesitate.