It’s almost September! I know, we can’t believe it either. But as we enter the last quarter of 2018, it’s the perfect time to take a look back at your budget, reevaluate, and prepare for the holidays. So we’ve put together four helpful tips to assist you in taking control of your finances!
1. Reassess Your Goals
In our Spring Clean Your Budget blog, we advised you to create realistic goals and write them down. So how’d you do? Did you stick with paying extra on your car payment in order to pay it off quicker? What about that savings account you wanted to bolster? Maybe you’ve already achieved your goals and it’s time to set new ones or maybe your circumstances have changed and those goals are no longer realistic. Whatever your situation, take some time to go over your finances and adjust your goals accordingly. Remember the key is to keep them realistic, set an achievable time and create a reliable way to reminder yourself!
2. Organize Your Taxes
Yes, tax day is far off.. but it’s never to early to gather up all your tax documents, receipts, and get organized. Getting a head start now means you can be the first to submit your 2018 return. The quicker you submit your tax return the quicker you get your refund! It also forces you to stay organized when it comes to your taxes and financial documents, which is always a positive but not something the majority of Americans do.
3. Cut Back on Those Expenses!
It’s been a while since our last blog where we encouraged you to take a look at your expenses and cut back anything that’s unnecessary. Yes, even if you did this step back in April it won’t hurt to do it again. Budgets are something that should be reviewed often to make sure that it aligns with your current situation and is helping set you up for success. Make sure to include a “fun” budget or just a miscellaneous spending budget to reward yourself without feeling guilty! A successful budget is a budget that you can follow!
4. Spend Wisely
In addition to cutting back on expenses, make sure you continue the year being mindful of where you’re spending your money and making sure you are utilizing different services to your advantage. Zebit, for example, is a great way to stretch your dollar a little bit further. By paying over time you’re allowing yourself some wiggle room with your budget while still enjoying the day at the park, the new TV or anything else you can find on the Zebit Marketplace!
Whatever your financial situation may be, we hope that you take the time to sit down and make sure that you’re in control of your finances and they aren’t controlling you! Do you have any end of the year financial tips that you utilize? Share them with us in the comment section below!