Eisenhower Box: This tool can get your finances in order – here's how

livemint.com:

Timely bill payments: Paying utility bills on time to avoid penalties. It can also include paying your credit card bills on time, as not paying on time can lead to heavy late fees and interest, adversely impacting your credit score. Maintaining sufficient savings for automatic deductions: Ensure you have money in your savings account so that your automatic savings, such as Recurring Deposits, Systematic Investment Plans (SIPs) and EMIs, can be easily debited from your account without any issues.

Preparedness for financial emergencies: You might have to address any financial emergency, such as medical, car, or house repairs. Also, if you don’t have an emergency fund for such emergencies, you need to start building one immediately. Tax-saving investments: We all know we must make our tax-saving investments before 31st March to save tax.

However, if you tend to wait until the last minute, you might miss the window. Hence, if the deadline is approaching and you haven’t made any investments, you must do it very soon. Adherence to tax documentation deadlines: There are deadlines for submitting your Income Tax Return (ITR) and other tax-related documents based on your profession and income.

Completing the formalities within the due date is essential, so this task falls in the first quadrant. It is important to address these tasks immediately to prevent any problems. Also, try to reflect on these tasks and how you can better manage them in the future so that you don’t have to be at that spot again.

This is the most important quadrant. It consists of important tasks, but they are not urgent. Many individuals tend to ignore these tasks as they believe they have much time to work on them.