7 Extremely Easy Ways to Improve Your Finances Today

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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 of 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. We ended up getting her credit report cleaned up, but it could have been worse if we weren’t paying attention.

I use a site called Credit Sesame which will give you your credit score almost instantly for free along with a credit report CARD with a letter grade that shows your utilization. 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. Make Money Doing Small Tasks

One way to make some extra dough quickly is by doing tasks in your spare time. While there are tons of online opportunities, here are a couple of good ones to check out.

Survey Junkie will pay you to take surveys and has an A+ rating with the Better Business Bureau. This site is cool because they will pay you instantly with cash via Paypal.

Swagbucks will pay you cash for things you do every day like surfing the internet, watching videos, etc. They have paid out over $194 Million to their members.

3. Rent Out a Room in Your House

Do you have an extra bedroom you barely ever use? If so, you might want to consider renting it out to make extra money.

Airbnb is a website where you can list a room in your home for rent for short-term guests. There are millions of travelers using Airbnb to look for rooms to rent instead of staying at a hotel.

The returns on this can be amazing! My friend Steve and his wife earn over $1,000 per month renting out their spare room.

4. Save Money Using a Robot

There is a free tool called Trim which will cancel your unused subscriptions, find you cash back, and renegotiate your bills for you. The average person saves $30 per bill. All you do is sign up, connect an account and their robotic assistant will email you ways that you can save money.

It is actually really cool and easy to use.

5. Get Paid Driving People Around

If you like meeting new people and need a way to make money on the side, driving for a company like Lyft could be worth checking out. You work the hours you want, and the pay is decent. My buddy Ryan makes around $800 per month for driving for people around on the side.

Right now Lyft is offering a $250 sign up bonus which is pretty sweet.

6. Open a High Yield Savings Account

Are you tired of making nothing on your savings? Well, those days are over. Check out CIT Bank. They’re paying up to 2.30%, which is 19 times more than traditional banks and is FDIC insured.

They have a $100 minimum to open account and the best part is there are zero maintenance fees.

7. 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 Upgrade as they can help you refinance your credit card debt to as low as 5.99% so that you can pay your debt off even faster.


Loans made through Upgrade feature APRs of 5.99%-35.89%. All loans have a 1.5% to 6% origination fee, which is deducted from the loan proceeds. Lowest rates require Autopay. For example, if you receive a $10,000 loan with a 36 month term and a 17.98% APR (which includes a 14.32% yearly interest rate and a 5% one-time origination fee), you would receive $9,500 in your bank account and would have a required monthly payment of $343.33. Over the life of the loan, your payments would total $12,359.97. The APR on your loan may be higher or lower and your loan offers may not have multiple term lengths available. Actual rate depends on credit score, credit usage history, loan term and other factors. Late payments or subsequent charges and fees may increase the cost of your fixed rate loan. There is no fee or penalty for repaying a loan early. 


20 responses to “7 Extremely Easy Ways to Improve Your Finances Today”

  1. Josh says:

    I’m definitely paying too much for my cell phone and car insurance, but I’m going to give Progressive one more chance by trying Snapshot!

    I think the high-interest credit card is probably the most important thing to look at for those with lots of debt because there are so many options available that you might be too scared to look into. Balance transfers, debt consolidation loans, or even just calling them!

    I managed to get a payoff solution from my card issuer that didn’t negatively impact my credit and lowered my interest rate to 0% while I paid!

    • Deacon Hayes says:

      Yeah, high interest credit cards are the worst. I’m glad you were able to get the interest rate to zero while you were paying it off. I hope you can get a better rate on your cell phone and your insurance as well!

    • Chris says:

      How did you get a 0% interest rate from your credit card issuer?

    • Jason says:

      If you want to lower your cell phone bill, I can share with you how to lower it.

  2. Lynn says:

    I have Republic Wireless for my cellphone. They are great! They have good phones to purchase and inexpensive, no contract plans. It’s worth the change!!!

  3. Live Free MD says:

    I agree with the importance of tracking net worth. If you want to improve something you need to monitor it!

  4. Jill Girardi says:

    I found the website where you can search to find out if there is any lost money the government owes you, such as from old bank accounts, rental deposits, etc. I found that I was owed money from Western Union. I thought it would only be a small amount of money, but a week later I received a check for $566! It turns out I had sent an ex of mine money via western union and something went wrong. It had been so long I’d forgotten all about it. What a nice surprise! Just do a google search for your state’s office of unclaimed funds.

  5. Jacob sartin says:

    I found a site that actually works and I do not handle products but refer others to shop online wellness. My largest check so far has been $257.00 for the month and it’s put food on my table. I’ve gotten to help others also, so it’s a rewarding experience.

  6. Teri says:

    Trim is not free. If they save you money in your cable bill you have to share part of it with them. 😠

    • Deacon Hayes says:

      They recently changed their business model where there are services that are free. But, you are correct: they will take a cut of the savings if you have them renegotiate your bill. For some people who hate making those calls and asking for a better deal, this is still a win/win scenario.

  7. JoeHx says:

    Another good option for #3 – Get Money that is Owed to You – is to check out sites like missingmoney.com . It’s actually a legit website that checks state records for money that is owed to you that, for whatever reason, didn’t find it’s way to you, such as old paychecks, insurance payments, local tax refunds, etc.

  8. Amanda says:

    Baby Step 1: $1,000 cash in a beginner emergency fund
    Baby Step 2: Use the debt snowball to pay off all your debt but the house
    Baby Step 3: A fully funded emergency fund of 3 to 6 months of expenses
    Baby Step 4: Invest 15% of your household income into retirement
    Baby Step 5: Start saving for college
    Baby Step 6: Pay off your home early
    Baby Step 7: Build wealth and give generously
    We have had no credit cards in over 11 years, no car payments, and no cell phones. We pay for our internet yearly all at once. We have a low mortgage of $582, and we use Everydollar.com to budget everything. It has worked for us, and millions of other people who listen to Dave Ramsey.

  9. James says:

    I signed up for Survey Junkie last year and completely forgot about it. After reading your post I went back in and saw that my account profile wasn’t completely set up. I just completed my profile and made $1. I’m going to keep going. Thanks for the reminder.

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