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In addition to stopping newspaper delivery, refilling prescriptions, locking windows and asking a trusted neighbor to keep a watchful eye on the house, snowbirds heading south to avoid winter weather also should ensure that their finances are in order before taking flight.
Florida and other Sunbelt states see populations rise during the winter months, an annual phenomenon that may be credited to snowbirds looking to escape cold temperatures in exchange for a balmier climate. Such an escape often is meant to be a relaxing retreat and travelers heading south can avoid undue stress by being personally and financially prepared.
“Our bankers work with snowbirds from all over the world because sometimes clients overlook the details involved in preparing personal finances,” said Melissa Mickle, PNC Bank’s executive vice president of retail banking for Florida. “Our team makes them feel a lot more comfortable about the ‘migration’ south. We share some basic tips that help them avoid financial surprises, such as missed credit card payments or phone calls from the bank asking about out-of-state charges.”
To ensure a sunny season, free of financial worries, Mickle suggests six actions snowbirds should consider before flying south this winter:
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