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Spring Clean Your Finances


Rhonda Abrams:

You’ve filed your taxes, right? Or at least you filed for an extension and somehow came up with the money to pay the government. Now, while the memory is still fresh of how painful – and time-consuming – it was to get your financial information and cash together, let’s talk about how you can avoid these problems next year and sleep better all year round.

So let’s spring clean your financial systems. A few simple steps and you’ll be on your way to an excellent credit rating, a great relationship with a bank and a good night’s sleep:

1. Pay bills on time every month.

2. Send out your invoices on time every month.

3. Take your banker to lunch.

4. Get a free credit report.

5. Go after overdue accounts – especially big ones.

6. Limit the amount of credit you give to large corporations.

7. Get a simple accounting software program.

Photo by MSDesigns.

   

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