Let’s say you live in Beehive State, stuck with extremely high housing costs, and your finances might need some serious overhaul, but you pushed it back.
When you finally sit down to think about it, you are overwhelmed. Which goal to attack first? You need a budget, a savings plan, a debt repayment strategy, a better credit score, a retirement plan and… oh my God, that’s too much .
To tackle big goals, you have to start small.
Here are some simple steps you can take today to get on top of your finances.
1. Use this secret bank account
Here’s the deal: if you don’t use Aspiration’s debit card, you’re running out of extra cash.
Yeah. A debit card called Aspiration gives you up to 10% cash back every time you swipe your finger, in addition to giving you up to 100 times the normal interest rate on your balance.
Need to buy groceries? Get extra money.
Need to fill the tank? Bam. Even more extra money.
This card had a long waiting list, but now you can register for free.
Enter your email address here and link your bank account to see how much extra money you can get with your Free Aspiration account. And don’t worry. Your money is FDIC insured and under military grade encryption. It’s a nerd talk for “it’s totally safe.”
2. You can buy a building for $ 10
Take a look at some of the richest people in the world. What do they have in common? Many invest in large private real estate transactions. And here’s the thing: there’s no reason you can’t do it too – for as little as $ 10.
A company called Fundrise lets you get started in the real estate world by giving you access to a diverse, low-cost portfolio of private real estate. The best part? You don’t have to be the owner. Fundrise does all the heavy lifting.
Fundrise’s Starter Portfolio has a minimum of only $ 10 and is aimed at first-time real estate investors. Your money will be invested in the company’s flagship fund, which already owns more than $ 250 million in real estate across the country, from apartment complexes and the bustling rental housing market to the biggest. last mile e-commerce logistics centers.
As tenants pay their rent, you could make money through quarterly dividend payments, and over time you could make money on the property’s potential appreciation. Since 2014, Fundrise investors have earned around $ 100 million in dividends alone.
So, if you want to get started in the world of real estate investing, it only takes a few minutes to register and create an account with Fundrise.
3. You should cancel your auto insurance
When was the last time you compared car insurance rates? Chances are, you’re overpaying with your current policy.
If it’s been more than six months since your last auto insurance quote, you should look again.
And if you browse a digital marketplace called SmartFinancial, you could get rates as low as $ 22 per month and save you over $ 700 per year.
It takes a minute to get quotes from multiple insurers, so you can see all the best rates side by side. Yes, in just one minute you could save $ 715 this year. That’s a big cash back in your pocket.
So if you haven’t checked auto insurance rates in a while, see how much you can save with a new policy.
4. Buy another business for $ 1
Take a look at Forbes’ list of the richest people and you’ll notice that almost all billionaires have one thing in common – they own another business.
But if you are working for a living and don’t have millions of dollars lying around, it might seem totally out of reach.
This is why a lot of people use the Stash app. This allows you to be a part of something that is normally exclusive to the richest of the rich – buying parts from other companies for as little as $ 1. *
That’s right, you can invest in well-known companies like Amazon, Google, or Apple for as little as $ 1. The best part? When these companies profit, so do you. Some companies even send you a check every quarter for your share of the profits, called dividends.
Signing up takes two minutes and Stash will give you a $ 5 sign up bonus once you deposit $ 5 into your account. **
5. Ask this website to help you pay your credit card bill this month
No, like … the whole bill. All.
While you stress over your debt, your credit card company gets richer on these insane interest rates. But a website called Fiona could help you pay that bill tomorrow.
Here’s how it works: Fiona can match you with a low-interest loan that you can use to pay off every credit card balance you have. Earnings? You only have one bill left to pay each month, and because the interest rate is so much lower, you can get out of debt much faster. Also, no credit card payments this month.
Fiona can help you borrow up to $ 250,000 (no collateral required) with fixed rates starting at 2.49%.
Fiona won’t make you stand in line or call a bank. And if you’re worried you might not qualify, it’s free to check online. It only takes two minutes and can save you thousands of dollars. Really worth it.
All that credit card debt – and the anxiety that goes with it – could be gone by tomorrow.
6. Let this free financial plan save you up to $ 3,500 / year
Having a financial plan is one of the smartest decisions you can make for your future. It will help you right the wrongs you have done and start your journey to a richer life.
But only people doing six figures can afford a personal advisor to analyze their finances and give them personalized recommendations, right?
A company called Anasova is using AI software to replace those expensive sessions with financial advisers. It takes less than 10 minutes to answer a few questions about your financial habits and goals, then you’ll get a super personalized PDF outlining what you need to do to reach them.
You will also receive a personalized FinTech guide to help you find the best FinTech partner to help you start your financial journey.
Even better? Anasova’s financial plan is completely free and completely anonymous. You don’t even have to give them your email address. They won’t bombard you with advertisements, nor will they sell you other products.
There is no catch; Anasova was created by one of the country’s top wealth management executives who wanted to make it easier for everyone, not just the wealthy, to have access to financial management.
You can now access personalized financial advice, even if you are not a millionaire. Just click here to answer a few questions and get your free Anasova financial plan now. It could save you thousands.
7. You can quickly add up to 300 points to your credit score
You might not think that your credit score is that important. In fact, you might not think about it at all. But what happens when you want to buy a car? Or a house? Unfortunately, these three little numbers play a huge role in your ability to do this.
And if you have an error on your credit report (one in five do), you might be in trouble.
Fortunately, a website called Credit Sesame will help you spot any errors, for free. It shows you why you have the score you are making and gives you personalized advice to point you in the right direction.
Salome Buitureria, a mother who works in Louisiana, found a major error in her report this way. By using Credit Sesame, she was able to correct the mistake and take additional steps to increase her credit score from 524 to almost 700.
Now she and her husband feel better positioned to achieve their most important goal – buying a house. Registration only takes about 90 seconds.
* For securities priced over $ 1,000, the purchase of fractional shares starts at $ 0.05.
** You will also bear the standard fees and expenses reflected in the pricing of ETFs on your account, as well as charges for various ancillary services charged by Stash and the custodian.
The Penny Hoarder is a paid affiliate / partner of Stash. Investment advisory services offered by Stash Investments LLC, an investment adviser registered with the SEC. This material has been distributed for informational and educational purposes only, and is not intended to be investment, legal, accounting or tax advice. Investing involves risks.