Spring-Cleaning Your Finances | Cleveland Bradley County Teachers Federal Credit Union

Have you felt the fresh breeze in the air? Spring has more than sprung in our corner of Tennessee, bringing with it new flowers and the warmer temperatures that most of us love. Spring also brings the opportunity for a fresh start in our homes and our lives.

Many of us engage in spring-cleaning around the home not just to clear the cobwebs, but to help make things feel fresh and rejuvenated. Spring-cleaning, love it or hate it, can actually improve your mental health. The physical act of cleaning up and cleaning out helps lift our souls as we look forward to the new season.

If physically cleaning can help improve our lives, consider what spending time spring-cleaning your finances could do. While you may have some coins or other money that is gathering a little bit of dust, organizing your finances should mean a little more than pulling the lint out of your pocket. Take a look at how to spring-clean your finances and everything it can do for you.

How to Do it

Just like in your home, spring-cleaning your finances should include getting organized. While you can certainly treat yourself to a new wallet or money clip, organizing your finances will more likely include evaluating your current bank accounts and investments in order to make sure they are still the best options for you.

Getting your finances in check at the turn of the seasons should also involve going through financial documents. Creating a system for both your physical documents and digital documents can help you ensure your budget is on track. This is also a great time to declutter and clean out documents that are no longer needed. Once you have created a system and cleaned out old documents, make sure you use a document shredder to safely discard your information.

After spending time going through your documents and creating a system to keep everything on track, reevaluate your budget. In the spirit of spring-cleaning, push yourself to throw out those things in your budget that are draining your funds. Look at your subscriptions and cancel anything you no longer use. Treat yourself to some fancy at-home coffee to cut back on those expenses. Find ways that you can enter into the season fresh and new financially as you get things cleaned up.

The Benefits

Aside from helping you become more aware of your expenses and ways that you can save, spring-cleaning your finances can help you build a more solid financial future. Being intentional about going through your current accounts and updating your budget can help you stay on top of the best options. Your finances have changed in one way or another over the past year, which makes evaluating them regularly the best way to make the most of your money.

Spring-cleaning your money can also help you appreciate where you are. Taking a look back over the year and seeing how you have grown or persevered. It can offer a fresh outlook on your future and help you firmly set and achieve your dreams.

Spend some time blowing the metaphorical dust off of your finances this spring and find new ways to save. You will enter the new season happy and ready to pursue a bright future.

Ready to review your financial future and set attainable goals to reach your dreams? Contact us to get started.