Many of us go through spring cleaning to welcome the warmer weather. You can apply the same idea to a little financial review. Here are a few ideas to get started:
- Clean out old paperwork.
Of course you’ll save your tax returns and documents that support your deductions for up to seven years, but you can shred other documents.
- Compare your budget to your plan.
Are you saving what you planned to? Are your expenses in line with your projections? Even small adjustments now can help in the future.
- Review your insurance policies.
Do you have appropriate coverages? If your premium rates have been creeping up, consider bundling policies for a better rate, or shopping around for a better price.
A quick financial review will help you confirm you are on the right track.
The information on this page is provided for educational purposes only and is not tax, legal, financial planning or investment advice. Neither the information nor any opinion expressed in this section constitutes an offer to buy or sell any securities or advisory products. The information provided is general and is not information reasonably sufficient upon which to base an investment decision and should not be considered a recommendation to purchase or sell any particular security. You should not regard this information as a substitute for the exercise of your own judgment. Investing involves risk.