4 Tips to Spring Clean Your Spending


4 Tips to Spring Clean Your Spending
Start fresh! 4 easy steps to clean up your money matters.

We all know the importance of a good spring clean of your home – you know….take everything out of your closets, clean, reorganize and put it back together all neat and tidy. But many of us don’t ever consider a “spring cleaning” of our money mattes. Whether you are a Saver, Spender, Risk Taker, Security Seeker or a Flyer we all like the smell of a nice clean house – we suggest cleaning your “financial house” together, here’s how:

1. Dedicate a day -  Your house takes a day to spring clean, so do your money matters. Put the date on the calendar and if you’re married do it together! Take a personal day from work…call it your “Personal Money Day”, set all distractions aside, roll up your sleeves and remove the cobwebs from your budget.

2. Decide which rooms are going to get cleaned:

3. Empty the closets – Get all of your statements and documents pulled together. Get all of your receipts, Insurance statements, tax returns, investment statements, retirement statements and Estate Planning documents pulled together.

4. Put everything back in to place –

     Receipts – Clear the clutter.
     Debts – Shop for lower interest rates.
     Insurance – Discuss coverage.
     Taxes – Check withholdings are right.
     Investments – Evaluate asset class mix.
     Retirement – Adjust any amounts.
     Estate – Get your will or trust in place.

Few of us love to clean, but the results are so worth it!

Make it Happen!!

Scott & Bethany Palmer

The Money Couple

See eye-to-eye on day-to-day spending, in our NEW BOOK

This article was originally published at The Money Couple. Reprinted with permission.
Article contributed by

Scott And Bethany Palmer The Money Couple

YourTango Expert Partner

The Money Couple, Scott & Bethany Palmer are authors, regulars on national TV, radio and speak internationally about “Love and Money”. With 40 years of combined financial planning experience they launched The Money Couple and have dedicated their lives to helping couples bring their love and money together. Scott and Bethany enjoy an active lifestyle living in Colorado with their two young sons, Cole and Cade.

Take our FREE Money Personality Quiz

Check for Financial Infidelity with our FREE Money Relationship Index

Sign up to receive the FREE Money Couple Minute!  click here

See our NEW BOOK, The 5 Money Personalities™: Speaking the Same Love and Money Language

Location: Colorado Springs, CO
Credentials: Other
Other Articles/News by Scott and Bethany Palmer The Money Couple:

I Love To Spend Money. So Why Do I Hate Myself When I Do?


If you love to spend money, but hate yourself when you do, you are not crazy. Many of us love to shop, buy gifts or conquer a great sale. But afterwards we feel that gnawing in our stomach. That doubt. That guilt. We often get questions from readers about this feeling. For instance, Brooke, a participant at one of our events, told us this story:  I ... Read more

Getting An F In Marriage? 3 Assignments To Help You Pass


School may be over for most kids, but for some parents in Oklahoma, it's only beginning. Oklahoma lawmakers signed a bill this month requiring divorcing couples with children under the age of 18 to complete a mandatory educational program. We guess parents are not going to be thrilled about this forced enlightenment and yet compatibility with your ... Read more

Forget Sexual Compatibility – Are You Financially Compatible?


In a recent survey, 1,000 single adults ranked financial responsibility higher than physical attractiveness when considering a mate. In fact, women ranked financial responsibility in a long-term partner to be equally essential as sexual compatibility. So how do you find a financially responsible companion? 1. Look For A Willingness To Discuss Money ... Read more

See More

Latest Expert Videos
Ask The Experts

Have a dating or relationship question?
Visit Ask YourTango and let our experts and community answer.

Most Popular