I love springtime in Texas… the beautiful weather, flowers and trees in bloom; the season seems to put everyone in a good mood. Another thing this season does is put people in the mood to clean… spring clean, that is. Spring cleaning is a time to de-clutter, organize and start new. Wouldn’t this be a good time to clean up your personal finances as well? Here are some tips on how to spring clean your finances.
- Gather up all of your bills and get them organized. A good place to begin is to sort them by due date. Once they are sorted, you can take it a step further and create a list/spreadsheet (on Excel or Word). Include the bill name, due date, amount due and any other important information about paying the bill. This is an easy way to track your bills and keep them in order.
- Once your bills are organized, the next step is paying them and make sure they are paid on time each month (especially your Bounce Energy bill so you don’t miss out on all the great rewards!). If you are already doing that (yay!) then set a new goal to pay off one/all credit card(s) (depending on where you are financially). Whether it’s paying your bills on-time or paying off a credit card, the important take-away is to understand your personal finances and then make a plan to change them for the better.
- After your bills are in order, review them to find ways to save money. Check for any features that you aren’t using, and if there is, call and cancel them. For example, if you have a cell phone, check the statement to see if you are using all your minutes. If not, then call and lower your usage plan, which will lower your monthly bill. Another idea is to contact your service providers to see if they have any promotions or discounts they can offer you.