25 Fast Financial Fixes

Quickly give your finances a boost.

Some financial fixes – from repairing your credit scoreto funding your retirement – can take years to pull off. Others take just a few minutes. Click forward for 25 quick financial moves.

Review your credit card statement.

Sit down with your credit card bill and conduct an audit of your expenditures, including ones made impulsively. Use this exercise to learn from your past emotional spending mistakes – and avoid them in the future.

Look at your tax refund.

Do you receive a big tax refund check from Uncle Sam each year? “You may want to speak with your tax professional and adjust your withholdings,” writes Brad Wright, a certified financial planner at New England Financial Planning Group in Burlington, Massachusetts. Think of your refund as an interest-free loan to Uncle Sam, Wright says.

Bundle your insurance.

Having one company cover your disparate insurance needs can be a money-smart move. “You may be entitled to a better rate if you bundle your homeowner’s, auto, and umbrella insurance policies under one company,” Wright writes.

Phone your cable company.

Dial up your cable provider at least once per year to renegotiate your cable package. You may be able to get your bill reduced.

Go digital.

Sign up for a digital money-management system, such as Quicken or Mint.com, to track your spending – and potentially reduce making impulse purchases and overdrawing your account.

Request a free credit report.

Request your free annual credit report from each of the three credit-reporting bureaus at annualcreditreport.com. “Make sure you are aware of all the credit in your name and (that) you don’t have any unexpected outstanding debt,” writes Bethany Griffith, a certified financial planner in Columbia, South Carolina. “Reviewing your credit report is also a way to catch if you have been a victim of identity theft,” Griffith adds.

Source:- usnews