Spring Cleaning for Your Finances: What to Toss, What to Keep, and What to Rebalance

There’s something satisfying about the ritual of spring cleaning. Clearing out clutter. Donating the junk that somehow made it through winter. Giving your space a fresh start. But while you’re at it—what about your finances?

Yep, your portfolio, bank accounts, and financial documents could probably use some fresh air too.

Let’s walk through a few smart ways to tidy up your financial life this spring.

Toss: Outdated Accounts and Deadweight

First, dig through those long-forgotten corners—think dusty old savings accounts, employer retirement plans from jobs you left years ago, or investment accounts that no longer serve your goals.

Not everything has to be closed, but it’s worth asking:

• Is this account helping or hurting me?

• Could consolidation bring more clarity (and less paperwork)?

• Am I paying fees I didn’t realize?

Simplifying doesn’t just make things neater—it can reduce mistakes, lower costs, and make your strategy easier to manage.

Keep: What’s Working (and Still Aligned with Your Goals)

Not everything needs to go. Some parts of your financial picture may be humming along nicely.

Keep what’s serving you—like:

• A Roth IRA you’re contributing to consistently

• A 529 plan with a solid investment allocation

• Budgeting habits that keep your cash flow predictable

But even with keepers, this is a good time to double-check:Are these still aligned with your long-term goals? Or are they just comfortable?

Update: The Boring but Critical Stuff

It’s easy to overlook the unglamorous pieces of financial housekeeping—until something goes wrong.

This spring, review:

• Beneficiary designations (especially if you’ve had major life changes)

• Estate documents (like wills or power of attorney forms)

• Insurance coverage (life, disability, long-term care—are you still properly protected?)

• Login info and account access (for you and your trusted contacts)

A few minutes now can spare a lot of confusion—or worse—down the road.

Need Help Tidying Up? That’s What We’re Here For.

Spring is about renewal—and that includes your financial life. If you’re not sure where to start, or if you're overdue for a portfolio review, let’s talk. At Halter Ferguson Financial, we don’t just help you grow wealth—we help you make sense of it.

Reach out to us today and let’s make this your cleanest financial year yet.