Spring Cleaning for Your Personal Finances
By: Chris Hostetler and Kali Whitaker You’ve cleaned out the garage and straightened your closet, but when was the last time you organized something that truly mattered? Too many of us accumulate the debris of one-time financial decisions and never clean up: an old 401(k) that you haven’t rebalanced in years, 15-year-old tax documents sitting in your desk drawer, a permanent life insurance policy that hasn’t been properly funded and the list goes on… The good news for you financial hoarders is that with a few simple steps you can do away with a lot of the clutter. Here are some ideas to get you started: Check your credit – Most people check their credit when applying for a loan or when there’s an incident, such as the 2017 Equifax data breach. But taking a periodic look at your credit reports, spending just a few minutes a few times a year, you can prevent big headaches with an early catch of any misreported accounts or identity theft. For tips on how to monito ...