If you're anything like us, the arrival of spring conjures up images of open windows, sun-filled days and, of course, spring cleaning our finances.
Even if that last one's not on your list of 'Top 10 Reasons to Celebrate Spring', it should be. That's because the arrival of a new season is a great excuse to do some tidying up—both in your house and with your finances.
Spring cleaning your finances doesn't have to take a long time, either. In fact, here are five things you can do right now to help your finances, each of which would take five minutes or less to accomplish.
With my husband out of work and my freelance income in constant
flux, my household exists in a permanent state of financial
At least we're in good company: it seems like all our friends are
in similar straits, though some folks just seem to have a can-do
attitude about money management. We're all scrimping and saving,
but not everyone has the desperate, fearful attitude that marks my
interactions with the cost of living.
One thing I have done to reduce anxiety a bit is to ramp up my
You already know why you should have ongoing discussions about
money with your child.
It teaches kids to be responsible with spending and saving. They
can learn from your mistakes. It sets them on the path for
On the flip side, your kid doesn't need to know everything you're
thinking, at all times, when it comes to finance. "There is no
question that bombarding your kids with facts, feelings and
information about money all at once, or too early, can be
overwhelming for children," says Jaclyn Weitzberg, CFPÂ®,
President of Money MindEd, a financial
education company for parents and teens.
So what should you keep to yourself? Below, experts comment on when
to stay mum â¦ and when it's appropriate to
1. What You Earn
The first time your kid asks how much you earn, you may freeze.