| Spring is in the air. There s something about those first warm breezes and early glimpses of green that inspire many of us to start clearing out closets and organizing cupboards. You can harness that same springtime energy to get your financial house in order. When there is clutter and disorganization, it is impossible to review each asset and see how it fits into the overall financial picture, says Minnesota retirement advisor Joe Lucey (securedretirements.com).
We asked experts around the country for their best tips for spring cleaning your finances. Try a few (or all!) of them to streamline your money management by Memorial Day. 1. When it comes to investment accounts, Lucey s advice is to consolidate. Too many mutual funds or retirement plans means more snail mail. Plus, Lucey says you may overlook accounts with small balances, skewing your overall financial picture. 2. Online banking is not only a secure alternative, but it can help you reduce clutter.
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