As we close out 2022, it’s a prime time to perform a financial checkup. Dr. Cathy McCrary, assistant professor of accounting at Georgia Gwinnett College, said many people have been pulled in several directions during the holidays and may not know where to start.
“With continued interest rate hikes, people are ultimately spending more,” she said. “That’s why it’s crucial to review where your money is going. A little time spent can result in big savings.”
McCrary — who is a certified public accountant with more than 20 years of experience in tax, accounting and finance — suggested a few areas where people can see immediate results.
♦ Review recurring expenses and cancel any subscriptions or memberships you don’t use.
— Do you belong to a gym that you never visit?
— Are you paying for food, magazine or streaming subscriptions that…
Read the full article here
