Most people know it's important to keep and organize all of your vital financial information. But knowing you should and knowing how are two different things!

Once you know reasons for being very organized with your financial data (and keeping it all in a very safe place) I hope you will put organization on your net worth building to-do list (at or near top).

You need to be able to see your financial strengths and weaknesses quickly. If you are an active investor, it's even more important that you do so. Time wasted on missing data and lost tracking information is money lost.

Also, keeping an accurate and up to date personal net worth statement (personal financial statement) can help you get loans or other financing more quickly.

It would be well worth effort to be able to give your financial institutions information they need at a glance. And your needs for same ability to query your net worth and data associated with accounts, investments, in and outgoing money, and other important data are very important.

Everyone knows it’s difficult to time sale of one property to coincide with purchase of another property. The slightest delay can wreak havoc on transactions and create obstacles that are difficult to overcome. Having to pay two mortgages, whether for residential or commercial purposes, for any length of time can spell financial disaster. This is where bridging finance helps.

The goal of a bridge loan is to remove this financial obstacle so that a commercial transaction can proceed. In majority of situations, “bridging finance” provides additional funding so a company can continue to pay lease on its existing commercial property for as long as it remains on market. There is a process to go through before a bridge loan is approved. If you’ve already developed a relationship with an institution, that’s a good place to begin. If not, it’s time to start looking for a lender with which you feel comfortable. Go through bridge loan pre-approval process to see how much of a loan you qualify for. With pre-approval in hand, you can act quickly once a desirable commercial property becomes available.