Spring Cleaning for Your Financial House

Our snow finally melted and we got our first glimpse of spring this week. It always feels good to open the windows and doors and get some fresh air in the house and do some spring cleaning.

It’s also a good time to do some spring cleaning in your financial house. Here’s a few financial spring cleaning tips I’m working on today:

• Throw away bills, receipts, and papers you don’t need to keep anymore.
• Empty out your cash back accounts that you used for holiday purchases.
• Cancel the free magazine subscriptions that you don’t read anymore.

Ok, that was just one pile of papers on my desk!

Before I move onto the rest of the den, I also have a huge stack of papers on the pros and cons of giving part of our business to our children (think family tax planning).

Stay tuned, as I’m sure I’ll have more to share on the subject once I decide how to proceed.

What tips do you have for spring cleaning your financial house?

Investing

• Ask The Readers: Favorite “Speculative” Investment Now?
• ETF Investing: Why Exchange Traded Funds Are Part of My Portfolio
• Starting Up Taxable Investing

Taxes

• Capital Gains Tax Within a Corporation
• Medical Expenses & Income Tax Deductions
• The IRS Creates New Programs to Assist Struggling Taxpayers
• How to File a Kids Tax Return

By the Numbers

• 10 Credit Card Tips for Teens
• Your Investments: Seven Common Mistakes to Avoid
• The 5 O’Clock Test

And More!

• Thrift, an Old-Time Virtue Making a Comeback
• Stick With Stocks Or Pay Off The Mortgage?
• Do You Really Need a Mortgage In Your Twenties?
• Carnival of Personal Finance

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