So who has started spring cleaning? Do you have a good system in place so it doesn’t take hours and hours to get the job done? There certainly are a lot of cleaning checklists on Pinterest and Instagram. As we’re thinking about spring cleaning our homes, it’s also the perfect time to spring clean your finances. The first quarter is over, and last year taxes have been completed so let’s get organized financially for the rest of the year.
Here are 10 ideas for spring cleaning your finances.
Check your credit reports. You can check your credit report from each of the three credit bureaus once a year so I recommend checking one at the end of April, one at the end of August, and one at the end of December. Credit report mistakes can prevent you from getting a loan or force you into paying a higher interest rate. If you see any errors or fraudulent activity on your credit report, file a dispute with the credit bureau right away.
Review your monthly...
No matter where you are in your financial journey, whether you’re just putting together a financial planning binder or you’ve got a high-performing investment portfolio, everyone could benefit from spring cleaning their finances. Doing so will ensure your goals are still ones you want to work toward, you get back in touch with your numbers, and you can make adjustments sooner rather than later.
Here are my favorite posts that will help you dust the cobwebs out of your finances and refresh your bank account. They’ll help you empower yourself to learn about your finances and choose wisely to make your family financially sustainable!
The best place to start is by taking a look at your money mindset. I know firsthand that it takes practice to change beliefs, especially after you’ve placed them on cruise control for a while. Checking back in with how you think about money is important to make sure you’re thinking about wealth...