As we “fall back” on Sunday to enjoy an extra hour of time, why not put that to good use by checking in on your finances?
If you need a little inspiration, here is a quick list of ten things you can do to get started:
1. Clean out your closet. Donate items to charity for a year-end tax deduction or host a garage sale.
2. Start budgeting for winter. Write down three ways you can cut back on heating/electric costs and commit to them!
3. Review your credit bill. Do you know your interest rate? Have you been charged for something you weren’t aware of? It’s time to find answers.
4. Skip your morning coffee shop trip! Put that money toward a vacation fund or groceries for the week.
5. Renegotiate your cable bill. Check prices at competing companies, or check to see if there are any promotions you aren’t taking advantage of.
6. Exercise outside. Skip the pricey gym workout and put that $20-30 toward your weekly expenses.
7. Look for deals. Clip coupons or download money saving apps like RetailMeNot.
8. Create a weekly meal plan. Making a list will help you avoid temptation at the grocery store or resist the urge to eat out.
9. Set up you child’s college fund. Now’s the time to explore your options.
10. Set one new financial goal. Money management is a marathon – not a sprint – so it’s important to stay motivated.
Kudos to you if you use your extra hour from Daylight Saving to refresh your budget! While it may not seem like a lot, the time spent on your finances will have a huge impact.