Bills, bills, bills. They never seem to end, do they? You are being charged more and more from your account every month before you even notice it.
You can’t completely escape them (wouldn’t that be great?), But you can can keep her from being so damn painful every month. All you have to do is end your loyalty to some of the companies that you currently use for bills and fees that are incurred each month.
Trust us, you will not miss you. And there is no way you will miss it – especially when you find out how much money you’ve been unnecessarily throwing away each month.
1. Your credit card bill: Save up to 10x on interest payments
If you’re reading this, there is a 50% chance you have credit card debt – nearly half of the US adults. And if you don’t pay it off every month, you’re putting unnecessary – and terribly high – interest payments on your bank account.
And the truth is, your credit card company doesn’t really care. It only gets rich by ripping you off on high interest rates – some up to a whopping 36%! 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.
With $ 5,000 in balance this month, that could be an additional $ 150 for your credit card company or about $ 15 for an AmOne customized personal loan. That’s $ 1,620 that goes down the drain every year.
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. Your auto insurance bill: Save $ 489 / year
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. But it doesn’t have to be.
A website called Insure.com 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.
Insure.com saved an average of $ 489 per year.
Yup. That could be nearly $ 500 back in your pocket for just a few minutes Take a look at your options.
3. Your Credit Monitoring Service: Reduce $ 240 to $ 0
When it comes to your credit score, staying organized and on top of things is important. After all, it plays an essential role in any major purchase you want to make – whether it’s a house or a car.
However, there is no need to spend $ 19.99 / month on any credit monitoring service when you can get the same protection for $ 0.
So, if you’re trying to get your credit back in order – or even if it’s on the right track and you want to improve it – try a free website called Credit sesame.
Within two minutes, you’ll have access to your credit history, all debtor accounts, and a handful of personalized tips to improve your credit score. You can even spot bugs that are holding you back (every fifth report has one).
Atlanta-based James Cooper used Credit Sesame to add nearly 300 points to his credit rating in six months.
Would you like to check it out yourself? It’s free and only takes about 90 seconds Log In.
4. Your investment broker: Never pay unnecessary fees again
Investing in the stock market is a great tool for growing your wealth. And for a while it seemed like it was only available to the upper class – the people who didn’t mind paying up to $ 50 for every trade. What is $ 50 if your investment broker makes you millions?
However, when you are making a living and not just randomly laying around millions of dollars, a smart investment in the market can sound completely out of reach.
But with an app called Hideit doesn’t have to be. That way, you can be part of something that is normally only reserved for the richest of the rich. You can purchase pieces from other companies on Stash for as little as $ 1.
That’s right – you can invest in well-known companies like Amazon, Google, Apple, and others for as little as $ 1. The best part? If these companies benefit, so can you. Some companies even send you a quarterly check for your share of profits called the dividend.1
It takes two minutes to Log Inand it is perfectly safe. With Stash, all of your investments are protected by the Securities Investor Protection Corporation (SIPC).2
If you use the link above, Stash will give you a $ 5 sign up bonus once you’ve deposited $ 5 into your account. *
5. Your bank account: Skip the $ 15 monthly fees
The monthly fee your bank charges you is a huge drain on your account. Mainly because some banks charge fees if you haven’t saved enough money. We are the people who need that $ 15 the most!
If you’re just looking for somewhere to safely stow it away and still make money, a failed account is not necessary. You won’t get anything under your mattress or in a safe. And a typical savings account doesn’t make you much better. (Um, 0.06% is nothing these days.)
But a debit card is called aspiration This allows you to earn up to 5% cashback and up to 16 times the average interest on the money in your account.
Not too shabby!
Enter your email address here to get a free Aspiration Spend and Save account. After you’ve verified your email address, securely link your bank account so you can get extra cash.
Their money is FDIC insured and they use military grade encryption which is nerd-talk for “this is perfectly safe”.
Kari Faber works for The Penny Hoarder.
*** As with Cooper, 60% of Credit Sesame members see an increase in their credit score. 50% see an increase of at least 10 points and 20% see an increase of at least 50 points after 180 days.
Credit Sesame does not guarantee any of these results, and some may even see a decline in their creditworthiness. Any improvement in score is the result of many factors including paying bills on time, keeping funds on balance, avoiding unnecessary inquiries, proper financial planning, and developing better credit habits.
1Not all stocks pay dividends, and there is no guarantee that dividends will be paid every year.
2It should be noted that the SIPC cover does not insure against the possible loss of market value.
For securities priced above $ 1,000, fractional purchases start at $ 0.05.
* The offer is subject to the promotion Terms and Conditions. To take part in this promotion and receive the bonus, you must successfully open an individual brokerage account, link a finance account to your investment account AND deposit USD 5.00 into your investment account.
The Penny Hoarder is a paid affiliate / affiliate of Stash.
Investment advice from Stash Investments LLC, an SEC registered investment advisor. This material is distributed for informational and educational purposes only and is not intended as investment, legal, accounting, or tax advice. Investing involves risks.
This article originally appeared on www.thepennyhoarder.com