With tax season over, it may be tempting to never think about money again. But a little planning does go a long way, so we broke down the financial tips you need this May by zodiac sign.
Aries: Pay off your credit card in full
The Aries ethos of “do something” over “do nothing” can help you avoid unnecessary debt and, worse, unnecessary interest. Use that decisive energy to pay off your entire credit card balance before the bill is due, which will keep your account healthy and your impulse buys at bay. Not able to pay in full? Sit down with your accounts this month and decide the right path for getting debt-free.
Taurus: “Sell in May and go away”
It’s your season, Taurus, and no one loves a low-maintenance strategy more than you. The adage, “sell in May and go away,” refers to selling stocks before the summer market slowdown, so you can relax knowing you avoided a statistical loss.
Gemini: Think about retirement
You’re youthful at any age, Gemini, but that doesn’t mean you can ignore long-term financial planning. Check on your 401(k) contributions or, if you don’t have one, think about setting up an IRA. Your future self will appreciate that your present self figured out the difference between a Roth and a traditional.