Trim the Fat!

January 4, 2010

With the New Year brings a renewed commitment to getting things in order. This year, America’s number one New Year’s resolution is to get personal finances in order. Yes, it even took over the top spot of “I’m going to go to the gym and lose some weight”.

Getting personal finances in order can mean anything from documenting spending habits, to “trimming the fat” so to speak. Start simple. Look around your home at some of your personal property. Instead of spending money buying Rubbermaid storage bins, or renting a storage unit for your unwanted furniture, or furniture you’ve acquired through other means, think about selling it!

We all want a healthy financial portfolio. Making a decision to sell Real Estate may also be a consideration. How much are you spending to maintain your investment properties?  Are you ready to downsize your home? Are you the Executor or Executrix for an estate and don’t know how to liquidate? An auction may be the answer you’re looking for. In this first season of the New Year, try to get some of these questions answered. Spend some time looking at ways to improve your portfolio a little bit at a time.

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