After Spring Cleaning, Start Your Financial Rejuvenation, Suggest Nashville Bankruptcy Attorneys Clark & Washington

    NASHVILLE, TN, April 09, 2015 /24-7PressRelease/ -- The Nashville bankruptcy attorneys at Clark & Washington wish to inform the public of the importance of rejuvenating and reorganizing your finances. During the spring season, many people go through the spring cleaning process by going through their houses and neatening up. This same philosophy should be utilized with your finances on a yearly basis.

Reorganizing your finances can open up new avenues for new streams of income and help you reach your long-term financial goals. One way to reorganize your finances is to make a run at minimizing your expenses. Take the time to go through your bills to make sure that everything is up-to-date. You may have some goals for the year such as taking a family vacation or remodeling your kitchen, and you are going to need the financial flexibility to do so. Minimizing your expenses can be achieved by setting a spending limit so that you are spending less money per month. Find areas where you can cut back in order to have more money left over after paying your bills each month. Over time, it will add up.

Lowering your credit card balances is another way to rejuvenate your finances. Credit card debt can severely dampen your financial goals, but you can use it to your advantage as well. Contact your creditors and request a lower interest rate. Accruing interest can slow down your repayment plan and make it very difficult to adhere to any kind of savings plan. You can also ask to increase your credit limit. Since credit utilization accounts for about 30 percent of your credit score, having a higher limit can drop your utilization rate below the 30 percent average, which can boost your credit score.

For more ways to rejuvenate your finances, visit www.bankruptcyattorneynashville.com

About Clark & Washington:

Established in 1983, Clark & Washington is now one of the leading bankruptcy filers in the Southeast. They have locations in Georgia, Florida and Tennessee. Clark & Washington specializes in personal chapter seven and 13 bankruptcy. They offer honest, helpful legal advice to those experiencing financial hardships.

For more information, visit http://www.bankruptcyattorneyNashville.com.

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