1. Cant Lower Your Rent? Cut Your Credit Card Bill Instead.
Uncle Sam, your landlord, and your credit cards are coming for your paycheck. And of course, you can’t avoid taxes and rent. But you can cut your credit card bill.
We all know that monthly credit card bills can cause stress and make it harder to pay rent every month.
And worse, your credit card is getting rich by ripping you off with insane rates upwards of 15-20%.
Fortunately, there is a company called Fiona that can pay off your credit cards, and lower your monthly payment.
Here’s how it works. Fiona will match you with a low-interest loan that you can use to pay off every credit card balance you have. And in the end, you’re left with just one bill to pay every month, with a much lower interest rate.
That way you can pay off your debt much faster – and with an added benefit of no credit card payment this month.
This is exactly what Christine did. She had $15,000 in credit card debt, at her old rate of 17.25%. After she refinanced at 5%, with a seven-year personal loan, she saved $14,000 in interest.
With some experts predicting rents to increase in the next year, that extra cash can come in handy.
Also handy — it’s free to check rates online. No standing in line or listening to hold music from a bank. As Stacey A. from Atlanta told us “it only took 2 minutes to cut my rate in half.”
Not half bad, eh.
2. Cover Your Family’s Rent For A Lifetime (Up To $1 Million)
Have you thought about how your family would pay the monthly rent without your income after you’re gone?
Well, there’s no time like the present to protect your family’s future by securing a life insurance policy.
You might have put this off in the past thinking of the time and money involved
Fortunately, in 2020 there’s a company called Bestow that has an application you can fill out in under 5 minutes. And you don’t have to get poked by a doctor or deal with pesky sales calls.
Their policies let you leave up to $1 million for your kids, with some rates starting at $5/month. Plus you can cancel or change your policy anytime.
Best of all, you can feel reassured you are doing everything humanly possible to protect your family.
So, if you’re under the age of 54, you can get a free quote from Bestow.
3. Show The Landlord You’re A Worthy Tenant
Do you remember when you filled out your rental application, and they checked your credit? Have you checked your credit score since then?
If you’re not keeping track of your credit score you really should be — and here’s why. An apartment complex can deny renting you an apartment based on a low credit score. A low credit score can also hurt your chances of buying a home or even getting a job as employers check credit scores too.
And if you think your credit score is good, you should double check it because 1 out of 5 Americans have errors on their credit report.
Fortunately, there’s a free website called Credit Sesame that gives you your credit score for free and helps you detect any errors on your report. If you find any, it will even help you dispute them.
It only takes 90 seconds to sign up for a free account. And you’ll start getting practical tips on how to boost your score over time so you can get that dream home you’ve always wanted.
4. Stop Getting Overcharged (And Use The Savings For Your Dream Vacation)
Remember that time you found a $20 bill in your pocket that you forgot about? Well, what if that happened every week but you never found your lost money?
Well, it turns out that is exactly what is happening to 62% of Americans. You may have subscriptions you do not want and have lost track of them. Even worse, you may have recurring bills that you are overpaying for, like your cell phone or cable bill.
That’s exactly what Michelle D. found out when she downloaded the free app, Truebill. It turns out her cell phone bill had increased by $30/month and her SiriusXM bill had increased by $10/month.
She used the free app to see the full picture of her finances, cancel unwanted subscriptions, and even negotiate her cell phone bill. This led to her saving $120 a month. And the app gave her a clear picture of her finances which helped her create a plan to save for her dream trip to Bali.
All you have to do is download Truebill and setup a free account to see where you’re money is going and how much you should be getting back.
Truebill shares a percentage of the savings they create for you, but only if they actually save you money. You can also just use the app for free to get a full picture of your finances which we should all do.
5. Cut Your Car Insurance Bill By $825 (With The Same Coverage)
When’s the last time you compared your car insurance costs to what others are paying?
Chances are you’re overpaying and can find cheaper options with the same coverage and deductibles.
So, why don’t most of us shop for our coverage more often?
For many of us, like Eugine from Albuquerque, we are skeptical of car insurance companies.
But the proof is in the pudding.
Eugine, who recently switched to Gabi said “I thought it was too good to be true but I saved over $100 a month on my auto insurance thanks to Gabi. I wish I knew about them earlier.”
We talked to someone else who put us on to Gabi, Nikki Y. from Pittsburgh, who said “Gabi gave me a pretyped emailed cancelation request to send to my existing insurance provider! I sent it over Docusign and now I’m saving about $80/month.”
We also like that they find you the best rate for free with the same coverage and deductible. And they make it easy by simply linking your insurance account and entering your drivers license.
And as a bonus, they continue to look for savings so you won’t need to shop to find better rates in the future.