Spring Clean Your Finances

spring clean your financesThis is the time of year when many people like the idea of a spring clean. With the weather improving, temperatures rising and plants and flowers starting to bloom, there is a great deal to be said for seizing the optimism of the season and make positive changes in your life. This is a time for freshness and it is easy to see why many people decide this is the idea time of year to brighten up your home and make some changes.

The thing is though, you shouldn’t just see spring as being the ideal time to improve your home, it is the perfect time to make a range of changes in your life. If there is something that you don’t like in life or there is something that is holding you back, you can take action at this time of year. There is a lot of positivity around at this time of year, which helps you take action and make changes.

You should be aware that other people around you are also looking to make changes and when a lot of people are working on the same goal, you feel their support. When there is a strong mechanism around you, it becomes an awful lot easier to make changes in life and this is why many people believe this is an ideal time to spring clean your finances.

How are your finances?

If you are looking to spring clean your finances, the first step you must take is to admit that you have a problem. You then need to commit to being honest about the situation. It is very easy to deny that you are in trouble with finances or that money isn’t causing you problems. A lot of folk feel embarrassed about their finances and this means that they will do their best to avoid talking about the issue or facing up to the problems that they have. This isn’t the way to deal with problems in life and you need to make sure that you take control of the situation you are in.

This means that you need to review your budget and examine what you spend and how much money you bring in. A lot of people don’t look at their finances in any great detail and this means some folk will be shocked at what they are actually dealing with. When you think about how easy it is to spend money these days, particularly with wireless connections, Chip and Pin and online shopping, you may have a lot of money flowing out of your account that you didn’t think you were spending.

You sometimes need to see your finances to know there is a problem

It is only when you place these figures onto paper or you look at them on a screen that you get a sense of what you do with your money. It may be that expenditure is at a good level and your biggest issue is with income. If that is the case, you should look for ways to bring more money in to your life. However, the majority of people find that there are ways that they can back on spending money, and this is the big step to spring cleaning your finances.

Have a look at your finances and consider if there is anything you can do to save cash without necessarily impacting on your quality of life?

  • Can you socialise at home instead of heading out on the town every weekend?
  • Can you switch to own brand products as opposed to the major labels and brands?
  • Do you have a coffee on the way to work every morning? If so, could you have a coffee at home or in work a day or two a week?
  • Do you use public transport to get to work? If you do, can you walk or cycle all or some of the way?
  • Do you book a taxi to get to work? If you do, can you use public transport?

These are all subtle changes you can make to your finances that will put you more in control over what goes out of your account. There are more serious ways you can get help, such as arranging a guarantor loan, but for many people a spring cleaning is ideal.

With the weather improving, you want to feel as though you can enjoy life to the full, and this is why it is crucial that you focus on your finances.

Andrew Reilly is a freelance writer with a focus on news stories and consumer interest articles. He has been writing professionally for 9 years but has been writing for as long as he can care to remember. When Andrew isn’t sat behind a laptop or researching a story, he will be found watching a gig or a game of football.