When your wallet’s light, have you considered selling pics of your feet online? 👣📸 Some of these peeps make a ton of cash! Now that’s what we call one step ahead. 👟
If your finances are going off the rails on a crazy train, it can feel overwhelming to get things back on track. 🚂 However, turning things around is much easier when you break it into easy tasks. Try these on for size!
Here’s Five Fast Facts on how to get your finances under control quick:
- 📈 High Times - If you’re already socking away savings, great job. Go one step further and open a high-yield savings account to make that money earn you some more. Today’s online banks can offer up to 4% interest. Way better than keeping it under the mattress.
- ⛏️ Debt Digger - Got credit card debt? It may seem silly, but sometimes opening another card can do wonders. Just make sure it’s a zero-APR card. These bad boys typically come with interest-free periods between 12 and 21 months. Transfer your other debt onto the new card and pay it off before the promo period ends.
- ✌️ Later, Saver - Haven’t started saving for retirement yet? Every little bit counts and it compounds over time! If you’re already saving, why not up the amount a little bit? Even raising contributions by 1% matters a whole lot in the end…and you won’t even miss the cash.
- 🛥️ Sinking Subs - Did you know that the average American has about a dozen media subscriptions? Bet you’re not using them all. Heck, you probably forgot about a few, but they’re still draining your wallet. Pull up your statements and do a quick audit. Cancel anything you’re no longer using.
- 🚘 Now, Watch This Drive - Watching your car insurance go up? Yup, us too. Fortunately, there are ways to help stop the bleeding. First, make sure you’re getting the best deal. Compare your current policy to other insurers (NerdWallet has a great tool). You can also edit your policy to save money by cutting out collision coverage (old cars) or raising your deductible).
🔥Bottom line: Another quick savings tip: don’t go to the grocery store without a list. Prep your meals ahead of time and only buy what you need. Did you know that doing our food shopping online impacts our eating habits? True story, bro. Dig into the latest research in this article.
What’s your go-to financial fix?
Let us know by connecting with us on Facebook and Instagram! Also, remember to share this newsletter with your friends & coworkers!
BTW, If you’ve read this far and haven’t yet signed up for the weekly Paycheckology newsletter, CLICK HERE!
