Here are 7 Money Moves Everyone Should Make This Month
Life would be a lot easier if someone just sent us $ 1 million, but unfortunately the chance of that happening is probably zero. (Venmo doesn’t allow such large transactions anyway.)
But even though our chances of becoming a millionaire are slim, we can still manage our money like it is. No, we’re not going to tell you how to buy hundreds of Apple stocks. Or how to choose the perfect yacht.
These are simple movements of money that any normal non-millionaire person can make today. Every secret can bring you closer to achieving your big goals.
1. Use this secret debit card
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 (even if you are not rich)
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 can 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. **
4. You can cancel your auto insurance
Did you know that you can save a lot of money just by changing your car insurance company?
That’s right – the rates are at all time lows, and you could be paying a lot less for the same coverage. All you have to do is search for it.
But don’t waste your time shopping around for different insurance companies. Use a website called EverQuote to see all of your options at once.
EverQuote is the largest online marketplace for insurance in the United States, so you’ll get the best options from over 175 different carriers.
Take a few minutes to answer a few questions about yourself and your driving record. With this information, EverQuote will be able to give you the best auto insurance recommendations. In just a few minutes, you could save up to $ 610 per year.
5. 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 home. Registration only takes about 90 seconds.
6. You can stop paying your credit card company
If you have credit card debt, you know it. Anxiety, interest rates, fear you will never escape …
And the truth is, your credit card company doesn’t really care. It’s just getting rich by ripping yourself off with high interest rates – some up to 36%. 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 since the interest rate is so much lower, you can get out of debt much faster. Also, no credit card payments this month.
If your credit score is at least 620, Fiona can help you borrow up to $ 250,000 (no collateral required) with fixed rates starting at 2.49% and terms from 6 to 144 months.
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.
7. Give your family $ 1 million
This is one of those occasions where spending a little extra cash each month can pay off later.
Have you thought about how your family would cope without your income after you left? How are they going to pay the bills? Send the children to school? Now is a good time to start planning for the future by considering a term life insurance policy.
You’re probably thinking: I don’t have the time or the money for this. But your application could take a few minutes, and you could leave your family up to $ 1 million with a company called Bestow.
Rates start at just $ 16 per month. The peace of mind of knowing your family is being taken care of is invaluable.
If you’re under 54 and want a quick life insurance quote without a medical exam or even getting up from the couch, get a free quote from Bestow.
*For a policy of $ 500,000, subject to eligibility.
* Non-client endorsement paid. Check out the reviews on the Apple App Store and Google Play. See important disclosures. Investment advisory services offered by Stash Investments LLC, an investment adviser registered with the SEC. This material has been distributed for informational and educational purposess only, and is not intended to be investment, legal, accounting or tax advice. Investing involves risks.