Financial Spring Cleaning Tips
Posted On May 06, 2016
As the flowers bloom and the temperatures rise, don’t you want to freely enjoy spending the days out and about partaking in the warm weathered festivities? Sounds good in theory, but in order to make moves, your pockets have to be in the right mood. If you are in need of spare cash to treat yourself without breaking the bank, we have a few suggestions to help you organize and prioritize your financial needs. Summer vacay, here we come!
Time is of the essence: First things first, figuring out your budget needs requires you to carve out a few minutes from your day in order to sit down and fully review your expenses. From your monthly bills to your daily Starbucks habit and recreational activities, figure out how much is needed to survive and what you are willing to save and set aside.
Don’t be afraid to ask for help: Tools such as Second Level from Capitol One and Level Money can make your life a lot easier by helping you identify savings and exactly how to cut costs within your budget.
Proceed with caution: It is crucial to work with your financial institution to set up various safety nets such as fraud protection, alerts, and credit score reviews. Nearly all financial institutions can provide these services to you, making it not only cost effective but also time effective on your end as well.
Of course, it is quite alright to splurge on yourself every once in a while but on the other hand, it is also very important that you take your finances seriously. Now that you are one step closer towards living debt free, share with us additional tips or tricks that can help you along the way.