No matter what your current financial position is, you can always improve it. Whether it is by making more money, spending less or shopping around, there is always an area that can be fine-tuned so that you can get closer to achieving your financial goals. To help you with that, below are seven ideas for improving your financial well-being.
1. Check Your Credit
It is important to know that your credit is in good standing. A couple years ago, my wife had a fraudulent account opened in her name and the only reason we found it was because we checked our credit on a regular basis. I use a site called Credit Sesame which will give you your credit score almost instantly for free along with the details of your credit report. Make sure to check your credit at least a couple of times per year to make sure that there is no fraudulent activity and that your credit is in good order.
2. Cut the cord
Do you have cable tv and wonder why you have to pay for so many channels that you never watch? Well, you don’t have to anymore. Sling TV offers a package where you can get some of your favorite cable television shows and pay only $20 per month! This includes channels like ESPN, AMC, History Channel, Disney Channel and more. Click here to get a 7-day free trial so that you can cut the cord and put more money in your pocket each month.
3. Make Money TODAY with Online Surveys
Taking surveys in your spare time can be a great way to earn some extra dough fast. While there are tons of online survey opportunities, Opinion Outpost and Harris Poll are two of the most reputable companies out there. You can also check out Inbox Dollars which not only has surveys but they will also pay you to watch videos. Click here and Inbox Dollars will pay you $5 just for signing up! Keep in mind, you can sign up for all three of these and put more money in your pocket while doing surveys when you have some extra time on your hands.
4. Refinance Your High-interest Debt
If you have any credit card debt at all, then DO NOT overlook this option. With the average credit card interest rate around 15%, this could save you a ton of money over the long haul. One of my favorite companies is SoFi as they will refinance your credit card debt to as low as 5.99% so that you can pay your debt off even faster. They do not have a prepayment penalty which means that you can pay it off as fast as you want and reduce your interest at the same time. Use this link to get $100 cash back if you get approved. It is also worth noting that they refinance student loans to as low as 2.355% APR as well.
5. Shop for Lower Insurance Premiums
Why pay more than you have to when it comes to insurance? I have had the same insurance for years but then I decided to shop around using Esurance and they were $30 less per month! Make sure if you are comparing insurance premiums that you are comparing apples to apples when it comes to the coverage provided. After comparing what your existing coverage provides, consider increasing your deductible to save even more money. If you do this, make sure that you have enough cash in the bank to cover your deductible if the need ever arises.
6. Get Cash Back for Everyday Purchases
Did you know that you can get cash back for almost anything that you buy online? Well, you can. I use a site called Ebates where you can search for a product, it will tell you who sells that product and how much cash back you can get from buying that product through sites like Amazon, Walmart, Toys R Us, etc. Click here to sign up for free and get $10 cash back at the same time.
7. Sell Your Old Textbooks
Do you have some old textbooks lying around from when you went to college? If so, you can easily turn them into cash quickly. Check out Bookscouter where they have vendors who are actually looking to buy textbooks. The service is 100% free and they don’t even require you to register. When you complete the process you will even get a free shipping label to send the book to the buyer.
As you can see there are several ways that you can improve your finances, many of which don’t involve changing your lifestyle at all. Make sure to take action today so that you can have less financial stress and more peace of mind sooner rather than later.
What are some ways you have improved your finances over the years?