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Financial woes can feel daunting, but a few quick changes could make a huge difference.

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Keep reading to learn sevenways to mend your financial situationin just five minutes.

Shop Insurance Coverage

Check the price, deductibles and limits of your insurance policies, Damsky said.

Find a trusted, local insurance broker who isnt affiliated with only one brokerage firm, he said.

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Shop your coverageevery couple of years so youre getting competitive rates.

These emails are meant to get you to spend money on things you dont really need, he said.

You cant be tempted to spend if you dont know about these promotions.

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Paying yourself first can be a game-changer.

This way, it comes out first before any frivolous expenses.

Not only will you be financially prepared, youll also be racking up interest payments.

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This means turning off other savings, if needed.

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