Does it feel like your earnings vanish shortly after you get them? Monthly obligations — they sure can be demanding.
We hate to be the bearer of bad news, but a portion of that income might be leaking away needlessly. Here are six simple actions you can take to help more of your cash stay where it belongs — with you.
1. Ditch Your Current Car Insurance
You might not notice it, but your auto insurer is likely charging you more than necessary. Truth is, they’re hoping you won’t spot it. The good news? This is an easy problem to solve.
This handy tool from Savinly compiles the top options in one spot, so you don’t need to scroll through countless insurance websites hunting for a better price. Typically, drivers who compare quotes save about $500 annually or more.
It’s simple to get started. Provide a few details about yourself and your vehicle, and you’ll receive several tailored quotes to compare and choose the best deal.
Stop paying more than you should for car insurance. Comparing your alternatives takes just a few minutes and could reveal significant savings.
2. Skip Interest Until 2026 With This Balance Transfer Card
Looking to escape steep interest charges while earning cash back on everyday purchases? You’re not alone.
This card makes transferring balances straightforward and budget-friendly, letting you avoid interest while you collect rewards. With a long 0% intro APR on balance transfers through 2026, you’ll get valuable breathing room to reduce balances without interest. There’s also a $200 cash bonus, plus 2% cash back on all purchases — helping you stretch your regular spending further.
Why this card is worth considering:
- $200 cash bonus
- Unlimited 2% cash back
- $0 annual fee
- 0% APR on balance transfers for 18 months
Make your spending work harder. Find out more about this balance transfer card today.
3. Stop Getting Hit With Overdraft Fees — Try This Checking Account
Are you fed up with losing money to bank fees? Let’s be honest: everyone has bills, errands, and deposits to manage — who has time to babysit sneaky checking account charges?
Imagine switching to a checking account that truly means “no fees.” Even better, you might qualify for a $250 bonus when you enroll.
With a Capital One 360 Checking Account, you gain access to over 70,000 fee-free ATMs, round-the-clock mobile deposits and account management via their top-rated app, and zero overdraft fees (for approved transactions that dip your balance below $0).
There’s no minimum deposit to open or maintain the account, and you’ll never face monthly maintenance fees for accessing your funds. Plus, Capital One’s Early Paycheck feature can deliver your paycheck up to two days sooner at no extra cost — and built-in Zelle makes sending money effortless.
Does your current checking account offer all of that? Open a Capital One 360 Checking Account and claim your $250 bonus!*
*Terms apply. Visit Capital One 360 for full details.
4. Earn 4.25% APY and a $30 Bonus With This High-Yield Cash Account
It’s painful to watch bank statements fill with fees. And honestly: when every dollar counts, why are we paying to hold our cash?
It’s time for an upgrade.
With Wealthfront, you can avoid irritating bank charges and earn an impressive 4.25% APY through partner banks on your cash — roughly nine times the national average savings rate.
Enjoy unlimited transfers, same-day withdrawals, no account fees, and no minimum balance required to earn 4.25% APY. Wealthfront works with popular payment apps like Apple Pay, Venmo, and Google Pay.
They also offer a customizable investment platform so you can begin building wealth while pursuing both short- and long-term objectives.
Although Wealthfront isn’t a bank itself, it partners with several FDIC-insured banks to deliver the convenience and protections you expect, without hidden fees or restrictive requirements. Best of all, you can start with just $1, or qualify for a $30 bonus when you deposit $500 or more (terms apply).
Join Wealthfront today and put your money to work for you — not for the bank.
5. This Company Will Give You $150 to Switch to Cheaper 5G Internet
Some bills are unavoidable — for many of us, that means the internet. We rely on it, and providers know it, which is why many customers end up overpaying.
With T-Mobile, you can get fast 5G home internet for as little as $30 monthly. They’ll even lock in that price.
Sounds too good to be true? You can try it risk-free for 15 days; if it’s not for you, you’ll get a refund. You don’t even need to stress over leaving your current provider — T-Mobile will cover up to $750 in termination fees.
Even better: switch now and receive $150 back via prepaid MasterCard.
Enter your address and phone number to check eligibility. You could be paying as little as $30 per month for high-speed internet.
6. See If You Can Lower Your Credit Card Interest Rate by 70%
You make payments on your credit cards every month, yet balances barely budge. That’s the power of sky-high interest rates — sometimes topping 24% — which make it tough to make progress.
MoneyLion may help you find offers that cut your interest rate by as much as 70% as soon as tomorrow.
Here’s the idea: MoneyLion can match you with loan offers that carry much lower interest — rates that can be as low as 5.20% APR*. That could be roughly 70% below the average credit card rate, and it could be the breakthrough you need.
You could use the new loan to pay off multiple credit cards, consolidating them into a single, lower-cost monthly payment that accelerates your path out of debt.
If your credit score is at least 620, you might qualify for up to $50,000 with no collateral, and repayment terms of up to 144 months.
Worried you won’t qualify? Take a couple of minutes to check online and see if you can reduce your credit card interest rate by 70%.
*Based on creditworthiness. Average credit card interest rate is 24.72% as of 8/14/24, according to Forbes Advisor’s weekly credit card rates report.
1. Based on the national average interest rate for savings accounts as posted on FDIC.gov, as of September 15, 2024. FDIC coverage will remain at up to $8 million for individual Cash Accounts ($16M for joint accounts) through partner banks.
2. Client must maintain $500 by the 30 day mark. See website for details.
3. Checking features for the Cash Account are subject to identity verification by Green Dot Bank, Member FDIC. Cash account is offered by Wealthfront Brokerage LLC (“Wealthfront Brokerage”), a Member of FINRA/SIPC. Wealthfront Brokerage is not a bank. We transfer funds to partner banks who accept and hold deposits, provide the interest rate, and provide FDIC insurance. The APY shown is as of 09/19/2024 and may change at any time. Fees and eligibility requirements may apply to certain checking features; see the Deposit Account Agreement for details. Limits, fees, and exclusions apply. All investing carries risk, including the potential loss of invested funds.
Apple, the Apple logo, and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. Google, Android and Google Play are trademarks of Google Inc., registered in the U.S. and other countries.
Note: Real-Time Payments (RTP) transfers may be restricted by destination institutions, daily transaction caps, and participating entities such as Wells Fargo and the RTP® Network. New Cash Account deposits may be subject to a 2-4 day hold before availability for transfer. Wealthfront does not charge for transfers, but receiving institutions may impose an RTP fee.
Savinly receives compensation when a reader clicks on referral links that redirect them to Wealthfront, which creates a potential conflict of interest. Savinly’s opinions in this article are its own and are not directly tied to such compensation. Savinly and Wealthfront Brokerage, LLC are not affiliated and have no formal relationship beyond this arrangement.
