For regulation I had this really nice time table setup with a schedule that would allow for some flexibility since summer is coming and I would like to spend some time with my family. However, recently there have been some stressful things that came up and my study habits have been non-existent. Life happens and all of our planning just gets thrown out the window.
So now I am re-creating my regulation study plan with fewer days off in between study days off, it will make it more difficult but it is still do-able. My schedule is a 5 week schedule and includes 82 hours of studying for regulation. I don’t think that I will need to do more than that since I have 11 years of experience in taxation which should help me in the simulations.
June 13 – 20 Ethics, Property Transactions, Individual Tax (Strong area’s to begin with)
June 21 – 27 Corp, Partnership, S-Corp, Estate & Gift, Fiduciary tax (Stong area)
June 28 – July 4 Business Law – Agency & Contracts (Weak area)
July 5 – 11 Articles & Bankruptcy (Weak)
July 12 – 17 Bankruptcy, federal security regulations, business structure (Weak area)
I try to start off my study routine with areas that I feel confident in; they set the tone for my efforts and get me vested into my study plan, they also keep me motivated initially since I get more questions right and feel more successful. Once I get to the hard stuff I feel a sense of commitment since I have already came so far and have invested so much time.
5 weeks is a pretty good time frame for studying for the exams. I have found that if I stretch out my study plan over a longer period I tend to forget a large amount of what I went over initially. That brings me to review. Every Sunday I review my notes and go over my flashcards from the prior weeks, initially this only takes me an hour or two, by the end of my 5 weeks I am looking around 3-5 hours of review. My memory is the type that if I don’t use it, I lose it. Keeping the information on the forefront has been really helpful for me. FYI my 82 hours of study time do not include my Sunday review hours.
I plan to post my study notes for each of these weeks on my website, keep your eyes open for those when they come out!
“You may be disappointed if you fail, but you are doomed if you don't try.”