If you’re like most of us, 2020 has affected your cash flow.
What is cash flow?, you ask? We are very happy that you asked! Cash flow refers to the money that is constantly being withdrawn from your bank account and from your bank account.
Your paychecks (assuming you have work) come in and your payments (for food, housing, and everything else) come in.
For many of us, the COVID-19 pandemic has torn a hole in our finances and messed everything up. No matter what your cash flow is, we have six suggestions for incremental improvement.
1. Stop paying your credit card company
Credit card debt kills your cash flow. And the truth is, your credit card company doesn’t really care. It only gets rich by fooling you on high interest rates. But a website called AmOne want to help.
If you owe your credit card company $ 50,000 or less, AmOne compares you to a low-interest loan that can be used to pay back every single one of your balances.
The advantage? You have to pay an invoice every month. And because personal loans have lower interest rates (AmOne rates start at 3.49% APR), you will be out of debt The much faster. Plus: No credit card payments this month.
AmOne keeps your information confidential and secure, which is why after 20 years in business it probably still has an A + rating from the Better Business Bureau.
It takes two minutes to See if you qualify online for up to $ 50,000. You need to give AmOne a real phone number to qualify, but don’t worry – they won’t spam you with phone calls.
2. Get paid every time you buy groceries
Grocery shopping has never been pleasant. But it’s a real battle these days – wondering about your personal safety, staying within six feet of other customers, etc. Shouldn’t you have something to show?
A free app called Get rewards You will be rewarded with gift cards, which are only used to purchase toilet paper and 250+ other items in the grocery store.
Here’s how it works: after you’ve downloaded the app, simply snap a photo of your receipt showing that you purchased an item from one of the brands listed on Fetch. For your efforts, you will receive gift cards for places like Amazon or Walmart.
You can Download the free Fetch Rewards app here to get free gift cards. Over a million people already have, so they have to be into something …
3. Make sure you are not paying too much
Here’s another way to improve your cash flow: Stop paying too much.
Wouldn’t it be nice if you received a notification while shopping online at Target and were about to overpay? That’s what that free service does.
Just add it to your browser for free. Before you check out, other sites including Walmart, eBay, and others will be checked to see if your item is available for a cheaper price. Plus, you can get coupon codes, set up price drop notifications, and even view the item’s price history.
Let’s say you buy a new TV and assume you’ve found the best price. Here you will get a popup informing you whether this exact TV is available elsewhere at a cheaper price. If coupon codes are available, they will be automatically applied to your order.
Last year it saved people $ 160 million.
You can get started with just a few clicks Check if you are overpaying online.
4. Knock $ 540 / year off your auto insurance in minutes
Speaking of overpaying for things, when was the last time you checked car insurance prices?
You should shop for your options roughly every six months – this could save you serious money. But let’s be real. It probably isn’t the first thing you think about when you wake up. This need not be.
A website called Assure makes it super easy to compare car insurance prices. All you have to do is enter your zip code and age and see your options – and even discounts near you.
With Insure, employees saved an average of $ 540 per year.
Yup. That could be $ 500 back in your pocket for just a few minutes Take a look at your options.
5. Add $ 225 to your wallet just to see the news
This is a historic time for news and we are all constantly updating ourselves with the latest news. You probably know more than one news junkie who introduces himself as a respiratory disease expert or a political mastermind.
Research companies want to pay you to keep watching. You can pocket up to $ 225 a month by signing up for a free account with InboxDollars. Each day they present you short news clips that you can choose from and then ask you a few questions about them.
You just have to answer honestly and InboxDollars will continue to pay you every month. That may sound too good to be true, but it has already paid its users more than $ 56 million.
Registration takes about a minute Start Getting Paid To Watch The News.
6. See if you can get more money from this company
Here’s the deal: if you don’t use Aspiration’s debit card, you’re missing out on extra cash. And who doesn’t want any extra money now?
Yes. A debit card called aspiration Get up to 5% back with every swipe.
Do you need to buy groceries? Extra money.
Do you need to fill up the tank? Bam. More cash.
You wanted to buy these things anyway – why not get that extra cash with them?
Give your Email address hereand link your bank account to see how much extra cash you can get with your free aspiration account. And don’t worry. Your money is FDIC insured and under military encryption. This is nerd talk for “that’s perfectly safe”.
In summary, follow these six steps and watch your cash flow improve.
Mike Brassfield ([email protected]) is a senior writer at The Penny Hoarder.
This article originally appeared on www.thepennyhoarder.com