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Financial Spring Cleaning: 7 Steps to Get Your Finances in Order

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Last Updated: May 1, 2018Spring is finally here, and there’s no better time to give your house – and your financial house – a good spring cleaning! If you want to improve your money situation and take control of your financial future, cleaning up your finances regularly will help you reach your goals, fast. Whether you need to overhaul your budget or want a better idea of your credit standing, there are several things you can do to get your financial house in order this season. Here are just seven ways to do some financial spring cleaning: 1. Review your credit report. Make sure your credit report is free of errors, check to see if you have any accounts listed on there that aren’t yours. Companies do make mistakes, and it’s your responsibility to make corrections when you catch them. Remember you are entitled to order one free credit report from the major credit bureaus each year. 2. Shred old financial documents. Sort through your statements, pay stubs, bills and other financial records and keep only the documents that are absolutely necessary. The IRS needs up to six years of financial records when they audit you, but you don’t have […]

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