It’s springtime again, and that means spring cleaning: time to clean out those closets, polish that furniture, and clear out that clutter! Spring cleaning doesn’t have to just be limited to scrubbing the house, though. Spring is also the perfect time of year to review your saving habits and spruce up your saving goals. It’s important to set aside time each year to review your savings plans and goals, even if on the surface everything seems to be going well. During each year, things change that can impact our finances – increased cost of items you buy regularly, a change in job or salary, paying off a loan, all of these situations and more can change the amount you’re saving or are able to save. If it’s been a while since you’ve given your savings a good, hard look, then start this spring and make it an annual habit!
Not sure how to get started? Here’s how to spring-clean your savings in five easy steps.