We are already into the second half of the budget year and we are speaking with a financial expert weighing in on why now is a good time to take a look at your budget.

President of Heritage Capital LLC in Woodbridge Paul Schatz says now is the time to plan out how you are going to spend your money for the rest of 2018.

Schatz advises to keep on top of your credit report and to consolidate your debt. He also says that its time to rebalance investments accounts and 401Ks because both stocks and bonds have swing wildly this year.