So 2020 was a really terrible year, am I right? This pandemic stole all sorts of things from us. It took millions of jobs, hundreds of thousands of Americans, and countless hours of instruction in the classroom. It emptied our bank accounts and destroyed our peace of mind.
How about 2021? Is 2021 coming for us too?
When it comes to money, we firmly believe that it is better to play it safe.
Here are five ways 2021 will try to tear you down – and five ways to fight back.
1. Watch out for price increases for car insurance
The prices don’t usually go Low. But in 2020, auto insurance companies cut their tariffs because the market demanded it. Customers quarantined in their homes felt they should pay less because they drove so much less.
Ah, but it’s a whole new year. And as Americans return to their old driving patterns, auto insurance prices are likely to rise again, according to industry observers.
You don’t have to take that! This is why you need to get car insurance in 2021 like never before.
A free website called Get it helps you find the best price – in just 30 seconds. In fact, it saves people an average of $ 826 a year.
All you have to do is hook up your current insurance. Then Savvy searches hundreds of insurers for a better price on the same coverage. It even helps you cancel your old policy and get a refund from your current insurer.
If you find a better dealYou can switch immediately and don’t have to wait for your next renewal or even your next payment.
2. Don’t let yourself be fooled when shopping online
The pandemic has changed the way we shop and is expected to continue through 2021. More of us now shop online – including nearly 70% of Americans, according to a new NPR survey. Of these, more than 90% bought something from Amazon.
Sure, it will be handy to have boxes of things on your doorstep by 2021. But no matter what you buy online, you may be paying too much for it. In many cases there could be a better deal elsewhere. It just feels like a pain to look for.
Wouldn’t it be useful to have a notification when you are about to overpay? A polite little warning, not a disgusting one. That’s it this free service does. These free notifications can be added to your browser.
Before checking out on Amazon, Target, or Best Buy, other sites, including eBay, Walmart, and others, will be checked to see if your item is available for a cheaper price. All available voucher codes are even automatically applied to your order.
So far, this free tool has saved users more than $ 160 million in the past year. You can get started in minutes and Check if you are overpaying online.
3. Watch out for rising food prices
Some purchases are optional, but food is not one of them. Unfortunately, the price of groceries is expected to rise in 2021 U.S. Department of Agriculture.
The USDA predicts that food prices will increase by at least 1% to 2% and restaurant prices by 2% to 3%. That doesn’t seem like much. But that will really add up over a whole year.
We have a way for you to get some of the money back. A free app called Get rewards You will be rewarded with gift cards for hundreds of items in the grocery store. Currently, it is even offering customers a $ 10 gift card when they spend $ 30 on dozens of Unilever products at the grocery store. You can do this five times, or up to $ 50.
Here’s how it works: After you’ve downloaded the app, just look for products that are marked with the Unilever “U”. Then, take a photo of your receipt showing that you purchased an item from one of the participating brands. 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.
4. Don’t pay too much for a mortgage
Property prices are sky high these days and won’t rise until 2021.
The average price of homes sold in January 2021 was nearly $ 304,000, up 14% from January 2020, according to the National Association of Realtors. This is the highest January price the brokers have ever recorded.
If you are looking to buy a home in 2021, do whatever you can to save money on your mortgage. Good credit goes a long way towards determining how much interest you pay on a mortgage or car loan. That could easily add up to tens of thousands of dollars over the life of a mortgage.
Try a free website called Credit sesame. Within two minutes, you’ll have access to your creditworthiness and personalized tips to improve it. You can even spot bugs that are holding you back (every fifth report has one).
Would you like to check it out yourself? It’s free and only takes about 90 seconds Log In.
5. Beware of expensive credit card debt
Credit card debt is the most expensive type of debt because of high interest rates. Unfortunately, the pandemic and shutdowns, as well as job losses, have forced more Americans to resort to their credit cards to pay their bills and for necessities like groceries. That carries over to 2021.
Can you imagine waking up with no credit card debt? A free website called AmOne can help you clear your credit card debt even faster.
AmOne compares you to a low-interest loan that allows you to pay off all your credit cards at once. Interest rates start at 3.99% – well below the 20% or more you are likely to pay with your credit card company. That could save you thousands in the long run. Plus, you’ll be out of debt much faster.
It takes two minutes to See if you qualify for up to $ 50,000.
In summary: Hopefully 2021 will be better than 2020. At least you will likely get a COVID-19 vaccination at some point.
Watch out for all the other ways 2021 is going to be kidding you.
Mike Brassfield ([email protected]) is a senior writer at The Penny Hoarder. After 2020 he is afraid of 2021.
This article originally appeared on www.thepennyhoarder.com