(for Riverside/San Bernardino Counties)

5 Spring Cleaning and Organizational Tips for Your Bills and Budgeting Plan

5-spring-cleaning-and-organizational-tips-for-your-bills-and-budgeting-planSpring cleaning involves many cleaning and maintenance tasks that you have to perform in order to tidy up your home after the winter season. It is recommended that you create a spring cleaning checklist so that you can organize your efforts. Your spring cleaning to-do list should include your bills and budgeting plan as well because there is no better time than spring to organize your budget and plan your finances for the year. It is the time to get your finances in order and stop your money from getting wasted.

Following are 5 spring cleaning and organizational tips for your bills and budgeting plan:

1. Get Organized

The first and the most important thing is to make sure that you get everything sorted properly so that it is easier to go through and evaluate what you need to keep and what you can get rid of. Make a list of all your accounts, doing so will help you know where everything is and you will be able to figure out everything you owe and everything you own. Spring is the best time to do this.

2. Review Your Budget

Review your annual budget. Where did you beat your budget? What were your problem areas? Did you stay on track? Try to find answers for these questions. Take a look at where you are overspending and then create a plan in order to improve that this year. Make sure to let go of the unnecessities that basically require you to throw your money away. Use the spring cleaning as an opportunity to check up on yourself and thoroughly review what is going out and what is coming in.

3. Spring Clean the Expensive bills

It’s time to get your bills out and review what you are paying for your electric, gas, internet, and your home phone. There is a possibility that you can make huge savings by switching providers. It will leave you with more money in your pocket. If you bundle your internet, TV, and phone together, you may well find that you can get a better deal and save a lot on your monthly bill.

4. Check Your Credit Report

Your credit report is an important financial record. Your credit score can affect the approval for new loans, the interest you pay on loans, the cost of insurance, as well as new employment opportunities. Because of this, checking your credit report for errors and mistakes that may impact your score is very important.

5. Reconnect with Your Goals

Financial priorities and goals can shift due to many reasons, that’s why it is important that you check in with yourself to verify whether you are on the right track to achieve what matters the most to you. If you are off the path, don’t worry; simply review your goals and make sure that they are realistic, timely, actionable, and specific. Check your priorities and create a new plan of action if required.

The Travis Law Firm provides professional legal representation for Chapter 7 & Chapter 13 bankruptcy services for residents of all cities in Riverside and San Bernardino Counties. We have offices in Riverside, San Bernardino, Victorville, Temecula, Cathedral City and Ontario for the convenience of our Inland Empire, High Desert, and Coachella Valley clients. For more information about our bankruptcy law services and other legal representation, call us today at 1-800-BANKRUPT or (951) 274-9501.