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While many retired clergy choose to enjoy their well-deserved season of rest, some seek ways to continue nurturing their spiritual calling.
Spring cleaning has long been a Judeo-Christian tradition. In the Book of Exodus, the Israelites are told to leave Egypt quickly and leave no trace. There wasn’t even time for the bread to rise. To this day, many of us use spring as a time to deep clean our homes. There is even a National Spring-Cleaning week that occurs annually at the end of March.
People are encouraged to wash kitchen curtains and sweep behind the refrigerator, but it’s also the perfect time to make sure your financial house is in order. In this digital age, the number of items to review can feel overwhelming, especially if this is something you have not kept up with regularly. However, decluttering and setting up systems now will make it easier later.
It starts with organizing and being intentional.
Setting a savings goal is helpful.
On the other end, taking inventory of debt is also important.
Declutter expenses.
Review your credit report.
Create or update an estate plan.
Less than 41% of Americans have one2, but it is important to have a plan to leave instructions for how your assets, property or possessions are distributed in the event of your death. Consider the following:
Lastly, this is the perfect time to change all passwords. To keep track of passwords consider setting up a secure spreadsheet or using a password app.
Don’t limit financial clean-up to spring. Like dusting, managing finances is never ending. If the new systems don’t work initially don’t get discouraged. Adjust and try again.
[1] https://www.realsimple.com/work-life/money/money-planning/spring-clean-your-finances
[2] https://www.doughroller.net/loans-credit/debt/ways-to-spring-clean-your-finances/
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Translations of any materials into languages other than English are intended solely as a convenience to the non-English-reading public. We have attempted to provide an accurate translation of the original material in English, but due to the nuances in translating to a foreign language, slight differences may exist.
Las traducciones de cualquier material a idiomas que no sean el inglés son para la conveniencia de aquellos que no leen inglés. Hemos intentado proporcionar una traducción precisa del material original en inglés, pero debido a las diferencias de la traducción a un idioma extranjero, pueden existir ligeras diferencias.
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