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Spring Cleaning for Your Finances

Spring is almost here! That means opening the windows, decluttering the closets, and finally dealing with that mystery container in the fridge. But while you’re in cleaning mode, why not give your finances a little refresh, too? A few simple tweaks can help you stay organized, cut unnecessary costs, and set yourself up for a smoother financial year.

Review Your Insurance Policies
Life changes, and so should your insurance. Bought a house? Upgraded your car? It’s time to check if you have the right coverage. You might need to increase your limits or, on the flip side, bundle your home and auto insurance to save some cash. A quick call to your provider could mean more money in your pocket (and less stress if you ever need to file a claim).

Tidy Up Your Credit Cards
Carrying credit card balances? Time to sweep that debt out the door. Look into balance transfer promotions with lower interest rates and commit to paying off what you owe before the promo period ends. And while you might be tempted to close old credit cards after paying them off, keeping them open (and using them occasionally) can actually help your credit score. Just don’t go on a spending spree—you’re spring cleaning, not spring splurging!

Consolidate Your Retirement Accounts
If you’ve switched jobs a few times, you might have old 401(k)s scattered across different plans. Instead of leaving them collecting dust, consider rolling them into your current employer’s plan (if it has good investment options) or an IRA with lower fees and more choices. Keeping everything in one place makes it easier to manage—and gives you a clearer picture of your retirement savings.

Fresh Start, Brighter Future
Spring is the perfect time to get your financial house in order. A little effort now can help you save more, stress less, and feel in control of your money. And if you need help tidying up your finances, we’re here for you—no dustpan required!

Check Your Tax Withholding¹
If you just got a hefty tax refund, congratulations! But also… oops. That means you’ve been giving the government an interest-free loan all year. Adjusting your W-4 with your employer can help you keep more of your paycheck throughout the year instead of waiting for a lump sum refund.¹ More money now = more flexibility for saving, spending, or treating yourself to an extra fancy coffee.

Additional Resources 
Shopping for Insurance - 4 minute module 
Taxes: The Basics - 5 minute module
Individual Retirement Accounts - 5 minute module
Estate Planning - 6 minute module

1 Consult with a tax advisor about what works best for you.

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