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Spring clean your finances

It's time to clean drawers, sheds, closets and your financial house. Here are some Tightwad tips to help get you started:

Review your retirement plan Are you on track? Make sure you align your investments with your tolerant risk. The closer you are to retirement, the more important this is.
Update your budget Your budget should change with your financial situation. Try to increase your savings by trimming spending - every little bit counts! 
Shred old documents Do you have any old records that you no longer need? Destroying them can help you avoid identity theft and, of course, free up some space in your office. 
Check your insurance Take a look at your policies and make sure the coverage still meets your needs and make sure your beneficiary designations are current.
Reduce debt Having too much debt can clutter your financial house. Pay down high interest debt first. Let the relief of being debt-free motivate you!


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