It’s that time of year when the sun comes out, birds start chirping and you start to thinking about cleaning. Does your garage need to be organized or does you closet have too many clothes that you haven’t worn in over a year? Many of us have spring cleaning goals for our house, but have you ever thought of spring cleaning your finances. I am not saying you should clean out your bank accounts and donate all your money. Instead, you should periodically review your finances in order to keep them clean.
You may be asking yourself what does he mean by keeping my finances clean? Over the course of a year, or even six months, we can develop bad habits that will derail us from our financial goals. These bad habits include going out to eat more often or buying coffee instead of making it at home. This can lead to less savings or increased debt. Periodic reviews of your finances can catch these bad habits before they spiral out of control and your finances are in trouble. Ignoring your finances is like your car breaking down because you put off getting your oil changed.
Life can get in the way sometimes, but don’t let it stop you from reaching your financial goals. The longer you allow the mess to accumulate, the longer it will take to clean it up. Consistently reviewing your finances will help you eliminate one more of life’s concerns.
Do you review your finances periodically? If so, does it help you stay on track?
“Always keep your home presentable, assuming you keep a home for purposes of presentation.” ~Robert Brault