Take advantage of the fall season and prepare for the months to come with these four financial tips.
Fall is a beautiful time of year and not just because of the pumpkin spice latte. The leaves change color, the pumpkin patches surface, and the spirit of giving is very much alive.
Go forth and enjoy those seasonal wonders, but keep these important things in mind as we begin to look forward to the months ahead.
Fall Financial Tips
Prepare For Key Changes
It’s during fall that we need to make some important decisions for the year to come. One of those decisions involves open enrollment. This is the time to make changes to benefits, such as health savings contributions, medical coverage, and others. Give yourself plenty of time to think through these options before locking in your elections.
While you’re at it, you may want to review additional services as well. When’s the last time you looked at your home, renters, and/or auto insurance policies? Ask your provider if there are discounts that may be applied or compare providers and make the switch. For added savings, consider canceling services or memberships you no longer need.
Plan The Remainder
Don’t let expenses creep up on you as the end of the year approaches. If you’re like the majority of people, you’ll be spending a little more during the holidays. Begin planning and saving if you haven’t done so already.
Take advantage of sales and do your research beforehand for the best deals. Create a list of who and what you need to shop for. Doing these simple things will help ensure you get the most for your money.
Think Ahead, Act Now
Securing your financial future can be overwhelming, but you don’t have to go at it alone. If you need guidance on retirement planning, debt repayment, money management, and other financial topics, consider speaking to a professional. As an A+FCU member, you can set up a one-on-one consultation with a financial counselor at no cost to you through BALANCE.
One matter they can review with you is prepping your holiday budget. Together you can work on a plan that will help you spend within your means and still reach your financial goals.
Weatherize Your Home
While the weather permits, it’s a good idea to do some preventative maintenance and any needed repairs around your home to prepare for the winter months. A few recommendations include doing things like cleaning your gutters and checking for air leaks. Gaps near windows and doors allow heat to escape while clutter in the gutters can cause build up, damaging the roof or other areas of your home.
Don’t forget to check your vents, change the filters, and test your heating system in advance to help prevent costly repairs down the road.
With a little prep this season, you can feel confident the rest of your year goes as smoothly as possible.