Some Tips for Financial Spring Cleaning

• If you have more than two credit cards, consolidate your debt to one card or get a consolidation loan and keeping the card with the lowest interest rate active. Remember to keep the credit limit at an amount that you could pay off in a month or two in order to keep the interest low.
• Call your credit card company and negotiate a lower interest rate
• Call your utility companies and see if they have any new offers or promotions that would be advantageous to you.
• Have a yard sale and get rid of all the unnecessary clutter and put the funds towards your biggest debt.
• Sell bigger ticket items through an online auction house.
• Go over your budget and re-evaluate your monthly payments. See where you can increase your debt payments to clear them up quicker and how you can pay yourself more.
• If you have not started a Rainy Day Fund then do so. An RDF is a savings account that you set up for yourself that will cover you should some unfortunate circumstance befall you and your income is temporarily stopped. (i.e. job loss)
• Make sure your wills and powers of attorneys are up to date and reflect any changes in your life