As we approach spring, it’s not just our homes that could benefit from a deep clean and reorganization; our finances could also use some tidying up. Just as we accumulate clutter and mess in our physical spaces, our financial lives can become disorganized and chaotic over time. Papers pile up, expenses creep higher, and before we know it, our financial house is in disarray. It’s time to roll up our sleeves and tackle the task of financial spring cleaning. Here are five steps to help you organize your money and get your financial house in order:

First, gather all your important financial documents and create a filing system. This includes tax returns, bank statements, investment accounts, and any other relevant paperwork. You can choose to file them physically or scan them and create digital files. Either way, ensure you have quick access to them when needed. Second, review your budget or create one if you don’t have it already. Go through your expenses and income, ensuring that your money is allocated efficiently. Look for areas where you can cut back or negotiate better deals, such as subscription services or insurance policies. Be mindful of lifestyle inflation and evaluate whether your spending aligns with your values and financial goals.

Next, assess your debt situation and create a plan to tackle it. Whether it’s credit card debt, student loans, or a mortgage, make sure you understand the interest rates, terms, and repayment options. Consider strategies such as debt consolidation or refinancing to simplify and streamline your debt repayment journey. Automate your savings by setting up regular transfers from your paycheck or monthly income to your savings and investment accounts. By treating your savings as a non-negotiable expense, you’ll prioritize building your financial cushion, whether for emergencies, retirement, or other financial goals.