MINT HILL, NC – If you are reading this article, have you been pushing off “spring cleaning?” It happens to the best of us! Don’t forget to include your finances.
The first step is to get organized. A cluttered house or cluttered mind can make you feel unproductive. It’s the same when your finances are disorganized. Decluttering can come in many forms, from sorting documents to better understanding and streamlining your budget. Organizing how you are spending, earning and saving is just one part of the process.
It’s also important to actually be organized in how you are storing and accessing the information. While creating a system may take some time upfront, it will save you time and energy in the future. Since many documents still come through the mail, and not just electronically, separate everything by category. About once a week sort through each file, shred what you don’t need and scan the documents you want to keep onto an encrypted drive.
What will be your first financial task to tackle during “spring cleaning?”
This article was released by CNBC for use by your local Cambridge Investment Research Financial Advisor. Excerpts taken from financial educators, Jamila Souffrant and Winnie Sun.
To discuss further, please contact me at (704) 817-4480 Option 2, or by email at mmiller@fulcrumwealth.com.
Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC. Advisory services offered through Cambridge Investment Research Advisors Inc., a Registered Investment Adviser. Fulcrum Wealth Advisors and Cambridge are not affiliated.
