| Rather than spend your hard earned money | | | | investment information. Details on your |
| hiring a financial planner or consulting with | | | | assets as well as your financial transactions |
| one, there are actually countless software | | | | are secure with you and never leave your |
| programs that would help you in managing your | | | | sight. Any data transferred over the internet |
| finances. These programs are efficient tools | | | | are mere stock symbols and never reveal any |
| for planning and making all those important | | | | number of shares that you may have or any of |
| retirement calculations. | | | | your personal information. |
| | | | |
| One software program is MFC, My Financial | | | | Everything is served to you |
| Coordinator. It literally serves this | | | | |
| purpose. It merges all your income streams | | | | Since assets come from various resources, the |
| into a coherent report therefore making | | | | MFC software groups them all together on the |
| managing your assets so much easier to | | | | system. All bonds, stocks, mutual funds, |
| understand and manage. | | | | certificates of deposit, checking accounts, |
| | | | money market accounts, salary, income from |
| This software also helps to determine which | | | | social security, pension, annuities, proceeds |
| of your assets you should sell or hold based | | | | from gambling, royalties, income from |
| on performance. It also details all the | | | | business and others. |
| financial activities you did for the year and | | | | |
| helps you estimate your quarterly tax | | | | Reporting of monthly income |
| calculations. Doing so prevents you from | | | | |
| incurring those annoying penalties from the | | | | This feature in the software enables you to |
| IRS. | | | | see the level of your income on a monthly as |
| | | | well as an annual basis. This to assist you |
| Other benefits the software program includes | | | | in managing all your financial as well as |
| are the following: | | | | expense needs. |
| | | | |
| Monitoring of stop/loss | | | | Calculations on your performing assets |
| | | | |
| This software helps in your decision-making | | | | Updates on your performing assets is provided |
| on a specific asset prior to it losing its | | | | to you by the MFC software program. This |
| significant value because the stop/loss | | | | would help you in determining which are your |
| monitoring function works off the highest | | | | non performing assets or under performers. |
| value recorded. | | | | Doing so would be of great assistance to you |
| | | | especially when the time comes to select |
| Quarterly Federal, State and Local Tax | | | | which will go first when fund liquidation is |
| Estimates | | | | called for. |
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| The MFC software provides an easy one stop | | | | You have the power and control |
| source for determining liability information | | | | |
| and accurately reporting it thus ensuring | | | | Absolute power in terms of your finances |
| on-time payment. | | | | provides absolute control as well as |
| | | | flexibility as this software program enables |
| Confidentiality assured | | | | you to indicate the Federal, State as well as |
| | | | any local adjustments or deductions in the |
| MFC keeps you in the know as well as | | | | computation of your gross income and |
| preventing others from knowing all your | | | | liability in taxes. |