5 Money Moves to Spice Up Your Fall

Whether you add a little more to your retirement accounts or simply ramp up your regular savings, you can see some serious benefits. A little extra saving now can lead to a very merry Christmas, while upping your retirement contributions could lead to a happier Taxmas after the New Year. Tax savings from coming close to the maximum allowed deductible annual contribution can put more money in your pocket when you file.

The market is trending up, up, up, which makes it a great time to add an investment account to your secret financial sauce. Watching your personal net worth grow is sure to put a smile on your face in any season, but might as well warm up your Fall with the knowledge that you’re on track to build your own wealth.

Switching up the management of some of your investments can be a challenge, but the best new robo advisors offer automated service that doesn’t cost as much per transaction. These services can follow your risk/tolerance preferences and sell or buy based on your settings.

Refinancing your mortgage or buying your next car with cash are great ways to save some money in the short or long term. A refi on favorable terms can lower your monthly payments, putting money into your pocket now, while avoiding some of the larger monthly bills is a great way to save on financing fees.

Make it a point to shop some of your monthly expenses to make sure you’re getting the best price. Insurance is one of the most common items on the list, and you can save a bundle by checking quotes with alternative companies. Even if you don’t switch, having a lower quote can be a great way to negotiate with your existing company.

These money management tips might not seem very spicy, but having more money in your pocket opens up a lot of options. Plus, the long-term dividends can be very lucrative, helping to turn your retirement into a very extended vacation.