Spring Cleaning for your Bank Account
by Katie Farmer
Spring is in the air and as winter comes to an end, you start to dream of flowers, green grass, gardens, warm weather and spring cleaning of course :). And with that wonderful sun peeping in, we often start to notice dust that has gathered on our shelves as we start to Lysol our home after winter sickness has inevitably taken its toll. With that in mind, another form of "Spring Cleaning" can go into effect; spring cleaning your bank account.
1. Check your credit report
There are numerous companies that offer free credit reports and also offer ways to help improve your score if needed. Experian, Credit Karma or Equifax are a few that are commonly used. Your credit report affects many aspects of your life so it is important to understand it.
2. Set Up Automatic Bill Pay
This is an easy way to keep track of bills and make sure they are being paid on time. You can set up automatic bill pay through your online banking or by calling us at 40204433207. Setting up bill pay allows the company to debit your account when your bill is due or when you choose to pay the bill, which helps eliminate the possibility of forgetting and late fees.
3. Paperless billing
Often billing statements will have a paperless billing option you can select. This saves paper and clutter around your home so those bills do not collect on your table or desk. If paperless billing is not a good option for you, finding an organizing folder or mail sorter helps keep those papers in check.
4. Set up Online-banking
Here at Wahoo State Bank, we have online banking that makes banking easy and convenient for you. We have a link on the top right of our website that takes you to a simple set up. Online banking allows you to frequently check your statements, keep an eye on your spending, as well as any possible fraudulent activity that could occur.
5. Last, review your budget.
It is important to set up a budget and make it work for you. If you already have a budget it may be a good time to review and see if everything is working well. A budget gives you control over your finances and allows you to focus on your financial goals.
Now after all the hard work is over, it is time to enjoy the beautiful weather and stop to smell the roses :) !