Spring is Here … Time for a Financial Tune-up

The warm weather is finally here. Your thoughts turn to spring cleaning and outdoor living. So have you given any thought to tidying up your finances along with your patio?

Here are a few ideas for putting a spring in your finances:

Double Up on Payments- If you’re like a lot of people, the holiday season has you off to an already sluggish start financially. Why not consider using that tax return to make an extra car or house payment? It’s an ideal opportunity to give yourself some breathing room early on in your fiscal year.

Shop for Deals – Take a look at what you’re paying each month for phone/internet/TV services, insurance, etc. Contact providers about getting a better deal. Are you watching all of those channels in your cable package? Have you used all of those features/minutes in your wireless plan? Check for better rates on home and car insurance.

Cash in on Spring Cleaning – You’ve probably got money laying around the house that you didn’t even know about. Books, clothing, tools, and assorted goods are just taking up space. Instead of paying to store it all, make some extra room in your garage and your budget with a yard sale.

Check Your Credit Score – Make sure all of your accounts are up to date with all three major reporting agencies, and look for any erroneous entries.

An honest assessment of your finances along with a little creativity can go a long way toward a fresh financial start this spring.

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