We’ve talked about organizing for the April 15 tax filing deadline throughout the series; March is “crunch time”. Missing information must be tracked down and everything should be furnished to your tax preparer as soon as possible.
Many Health Care Flexible Spending Accounts have a March deadline for filing claims from 2018. Recheck your records and contact your FSA administrator if you have questions.
March may also be an ideal time to start making credit card payments more often than just once a month. This practice can even out cash flow, improve your credit score by lowering your credit utilization, and you may even save money on interest depending on how the card issuer calculates finance charges.
Finally, visit Money Smart Week website to learn more about Smart Money Week®, a financial literacy campaign which runs from March 30 to April 6, 2019.
