Spring is here, which means it’s time to start a little spring cleaning! Your house and closets are probably on the top of your list for things to spring clean, but what about your budget? If you want to save money, then spring cleaning your budget is a necessity. Here are some tips you can follow to help reevaluate your budget this season.
Money Tips: How to Spring Clean your Budget
Make a List of Expenses
What are your expenses? If you want to spring clean your budget, then it’s time to take a look at where your money is going. In addition to your mortgage, grocery expenses, and utilities, take a look at what bills you have. Make a list of these expenses, including how necessary they are, as well as how much they cost each month.
Cut the Extras
After you know what your expenses are, you can start cutting some of the extras out of your budget. Do you really need to pay for all of those channels on your TV? If you can, complete cut these expenses out of your budget. If that just isn’t realistic, then you need to consider reducing these bills. You can do this by combining bills so that you pay a smaller amount of your cable, internet, and phone. You can also reduce the amount of channels you get on your TV so that the package you pay for is less.
Divert More to Savings
While you’re spring cleaning your budget, be sure to divert more money to your savings. Your savings account will be your lifeline in case of a financial emergency or unexpected expense. Because these expenses are out of the ordinary, it’s important that you have enough set aside to cover these costs without draining your account.
Turn Off Some Lights
Although this might not seem like a way to spring clean your budget, it can actually help you save money, allowing you to reduce your expenses. This is always good news for your budget, so start turning of those lights and unplugging your electronics!
Spring cleaning your budget is a great way to cut expenses and start saving money. What are your best money tips?
25 thoughts on “Money Tips: How to Spring Clean Your Budget”
What a great strategy for budgeting. It’s amazing how expenses can creep up over the year 🙁
I am a pretty frugal person, always use coupons, watch for sales, and use energy efficient products
I just went through my lightbulbs and replaced them with lower wattage, higher efficiency and you can’t tell the difference…hopefully save me a bit
One of the best things we did was just to start tracking all of our spending.
We’re a pretty frugal family, especially this year! Our budget has definitely shrunk quite a bit! Thanks for the tips!
Thanks these are some awesome tips
I’ve been trying to stay away from online shopping, and not even checking out daily deal sites lately. I’ve also been devoting more time to making money through my writing and less time entering giveaways so that I can have a little extra to spend for the upcoming warmer weather. If I could find a way to do away with the cable, that is next.
Great tips! I like to make my own cleaning products which also helps to reduce costs!
We don’t have cable we just have our Wii and then we connect to Hulu or Nextflix. Can’t be $8.99 or so a month versus a cable bill! I think if we were to cut out anything it would be eating out.
I like this informative post. You have given some real great budget tips to save money in spring. Instead of throwing away your belongings to reduce clutter, you may sell your stuff to help boost your savings or earn extra money.
Spring cleaning our homes, our bodies and now our budget! Genius idea, thank you for sharing.
I try really hard to save as much as I can but seems house always needs money for something
I have really been avoiding doing this, which is probably a sign that I should. Maybe I’ll sit down this weekend and go through your list. Thank you for the reminder.
I like your tips. I definitely agree with diverting more money into savings. We all need a cushion in case of emergencies. Having money moved to savings automatically is the best way for this.
Great tips! We are always looking for more ways to save. I like the tip about cutting the extras, identifying the needs vs the wants is a biggy!
I’d like to divert more to savings for sure. Thank you for the food for thought.
I try really hard to save as much as I possibly can! I’m sure I need to eliminate some frivolous spending though.
These are awesome tips, I would love to clean up my budget a bit!
We try to always keep an eye on our budget. Sometimes things happen and we go over but usually we do great!
Great tips! We always try to ensure the lights are turned off in rooms we’re not using.
We are pretty frugal with our budget, but we can always find a little more to save here and there. Turning off the lights and unplugging stuff is definitely something we can work on!
great ideas, now that the days are longer we can use less indoor lighting!
Great tips, I think Spring Cleaning our budget may be a good thing!
I think these are great ideas. I think it’s time for my hubby & me to sit down and have a good look at our finances.