Dates have a close relationship with your finances, and to stay at the top of your game in managing personal finances, you must mark some important dates on the calendar. Converting your New Year financial resolutions into reality depends mainly on tracking the dates and acting on time. Finance calendars should have these important dates marked so that you stay prepared to do the right things at the right time.
So, take out your finance calendar and mark the following dates starting with New Year’s Day.
January 1 is the first date to mark on all finance calendars
The First Day of the New Year is time to think about improving your finances by taking steps at a different time of year. It’s time to plan how you want your finance playbook to look like for achieving your financial goals.
January 15
The date is essential from the health perspective because it is the last date for enrolling for health insurance in case you do not have one. You can even make changes to your existing health insurance policy within this date. It applies to all who are getting their health insurance policy through HealthCare.gov.
January 18
The date is essential in the money calendar 2021 for self-employed people because freelancers and contract employees must send their IRS estimated tax payments for the last quarter of 2021. Although January 15 used to be earlier, it is January 18 to maintain parity with April 18, the later date for filing federal tax returns.
January 31
The Last Day of the first month of the New Year is not unique except that it rings a bell to remind you about reviewing the status of your financial goal fulfillment for the year. Have you started acting on what you planned to do, like creating an emergency fund or putting more in your retirement fund?
February 1
This day can acquire a special meaning if you treat it as the Day for Frugal February Challenge with an eye on increasing your saving. Take advantage of the fewer days of the month to spend a little bit less and make some financial sacrifices. You can get your finances better organized.
March 31
Those enrolled with Medicare must remember the date as it is the last date to apply for part A and part B that commenced in July. It’s an opportunity to plan and minimize issues later, and Medicare enrollees should use it by the date.
April 18
It is the day for filing your federal tax return and likely the state tax return. To e-file, apply for an extension or postmark your tax return. You have time till midnight. For residents of Massachusetts and Maine, the date is April 19, as April 18 is a holiday in those states.
April 22
The day is essential for those with kids as it is the Teach Children to save the day, a concert sponsored by the American Bankers Association. You can teach your kids the importance of saving and stoke their interest in finance calendars. The day is perfect for kids to start saving habits.
May 8
The world celebrates Mother Day on this date, and if you have a mother who is essential in your life, you can put aside some money to celebrate the day with her. You can buy some flowers, take her out for brunch or send her a lovely card.
May 30
It is Memorial Day and time to remember and mourn those who laid down their lives while serving the United States. Although it is a day for remembering and mourning, it’s also a day for bog time sales.
June 15
The day is essential for the self-employed, who must pay their estimated taxes for 2022 for the second quarter, and it applies to those who do not pay income tax throughout the year.
June 19
It is Father’s Day, and as you did for your mother, you may want to put aside some money for a card, gift’ flowers, or lunch.
June 30
It’s the last day to apply for federal student aid for 2021-22.
July 1
Now that you are in the middle of the year review your finances to gauge your progress and what you need to do more.
August 5
It starts Missouri’s ‘back to school’ tax holiday until August 7. You enjoy sales tax holidays on purchases of computers, school clothes, and school supplies during this time.
September 5
Today is Labor Day and another day of Good sales offers all around. As summer is on its way out, it is time to do some budgeting, focus on saving and review your financial goals.
September 15
The date is essential for the self-employed because you need to pay the estimated taxes for the third quarter.
October 1
The date is essential for college-goers who plan to file federal financial assistance for college as they can start submitting applications.
October 15
Those who filed an extension for federal taxes should complete the submission by this date. Not paying your taxes on time can have serious consequences.
Nov1
The federal health insurance marketplace starts the process of enrolment for 2023 on this day, and the scheme remains open until January 15.
November 25
It’s time to spend for the Black Friday Sales on November 25, followed by Small Business Saturday on November 26 and Cyber Monday on November 28.
December 31
All finance calendars end on this day. Start preparing to plan for your taxes in 2023. You might think of donating to charity or contributing more to your 401(k) account.
All the dates are really considered to be important on the finance calendars in the United States of America. Each of the dates has some certain significance, to say the least.
