Spring is the season for fresh beginnings. It’s a time most use for sorting through old items or discarding those items to make space for something new. And while spring may be coming to a close, you can still bring in a fresh start as a new season begins. You may have already gone through this process for physical items, but you should also consider doing it for your finances.

Financial responsibilities are ever-changing, and your vigilance over your financial health is just as important to your life as any other.

So, whether you haven’t started, have already finished, or are still in the process of spring cleaning, these are three financial audits you should make before summer is in full swing. 

Audit Your Insurance Policies to Make Sure You Have Adequate Coverage

An overlooked aspect of your finances could involve your insurance policies. Weather experts believe there’s a major chance it will be an above-average hurricane season, which means now is the time for Floridians to review and prepare. Unfortunately, most people are surprised at what their insurance doesn’t cover… and they do not find out until after the damage is done.

If you don’t know what your policy covers or you’re in the market for a new insurer, Achieva Insurance Agency is here to help. Contact a team member at Achieva Insurance Agency to get started. You’ll work with a personal agent to obtain customized insurance that fits your needs.

Specializing in Property & Casualty insurance, Achieva Insurance Agency can help you review your homeowner’s insurance policy and make sure you’re properly covered. They also provide coverage for homes, vehicles, businesses, motorcycles, and even floods!

Achieva works constantly to bring a holistic, personal touch to your financial needs across all fronts. Call today at 888-351-4672 to learn more. 

Review Memberships & Subscriptions for Unused Services

You might have already noticed how the subscription-based payment model has grown in popularity over the past few years. That’s because many companies are hoping that you continue to pay for the subscription indefinitely, even if you never use it. 

To avoid wasting your money, you need to sift through your finances with a fine-tooth comb.

Do you have a gym membership that you never use? Cancel it. What about streaming platforms you no longer watch? End the subscription.

Take the time to review what you truly use and cut the rest.

Go Over Your Income and Expenses

Money is the number one source of stress for most people. It’s easy to feel overwhelmed when you have to constantly monitor it. However, a good plan can relieve the anxiety and prevent further headaches due to overdrawn accounts or inadequate savings.

While you’re at it, you should review your retirement savings. Look at your monthly budget to make sure it’s benefiting you. If it’s not, begin strategizing the necessary adjustments that will fit in your current way of living while supporting the growth of your accounts and your future life plans.

Increase Your Financial Literacy

It’s a good idea to study financial principals and keep track of the best practices for your money. Achieva offers FREE online Cash Classes for all things related to consumer and business finances. 

Our core principle at Achieva is to always “do the right thing.” We take pride in volunteering and giving back to our local communities by offering seminars that help members achieve their financial goals.

As you continue your financial decluttering journey, we hope you will feel empowered by the many tools and support Achieva provides. We wish you a happy Spring cleaning and a profitable fresh start on Summer!

Need more financial content? Continue following the Achieva Life Blog for additional money-saving articles.