As I sit here and write this blog post about spring, I feel that I am missing spring. Here in the northeast we seem to be having a never ending winter. Yes, we have had a few days of warm sunshine. We have been subject to various temperature swings – one day 50 and then cold, snowy / rainy days. I know it’s spring because the daffodils and crocus are blooming (and something peeking out of the snow).
Because the calendar says spring, lets talk about your finances. Now that tax season is over, it’s a good time to take a look at your finances and tackle these ideas:
- When was the last time you shredded your out dated paperwork. Typically, after seven years papers can be tossed with a few exceptions. Check with your tax preparer for your situation. This is a good time to do this as many communities have a free paper shredding days this weekend for you to take advantage of.
- Did you learn something from filing your taxes? Maybe you need to make adjustments to your paycheck withholding or to save more to be able to pay the taxes you owe. Take a look at your finances and make the changes now.
- Where do your finances stand in relationship to your beginning of the year goals? Maybe you set a goal to save a certain amount this year. Are you one third of the way there? We are about four months into the year, therefore you should be at 33% of your goal. Are you on the path to achieving this goals? Do you need to make adjustments to your finances to achieve the goal? Now is the time to take a look and make the changes needed, so you are not disappointed at year end.
Hopefully, the weather will agree with the calendar and spring will arrive soon.
Let me know what your spring finance projects are.