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Updated onAugust 3, 2020
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Let’s face it, everyone can use a little help on their finances. Regardless of what gets shared on your friend’s and family’s social media, no one knows the whole picture but themselves. Some may even be afraid to admit it.
It doesn’t have to get overwhelming though! When you’re ready to buckle down and tackle your finances, we can help.
Especially if you’re currently making $1,000 a week or less.
After taxes, that money goes down quick but just start small with the money moves below to get back in control.
1. Get Paid Up to $225/Month While Watching Viral Videos and Taking Fun Surveys
Founded in 2000, Inbox Dollars has been paying customers for their opinions for over 22 years and counting! They are one of the most trusted survey sites with fun, multiple ways to earn extra cash that set them apart.
“Fast and easy. Love that I can cash out to my PayPal and easily transfer money to my bank account.” – Tefanie P
Take surveys, watch videos, play games, and even read emails for extra cash. Who wouldn’t want to watch viral videos for money and get paid up to $225/month?
Inbox Dollars is a great platform to make a little side money. It’s free to sign up, so give it a try today!
2. First-Time Investors Get $10 to Invest in Google, Amazon, Apple, Netflix, and More
You don’t have to be rich to start investing. Stash, an investing app dedicated to empowering people to invest and build better lives, lets you start investing with just $5. Stash’s plans—starting at just $3 a month—unlock access to simple, automated solutions designed to help people find security and peace of mind through investing.
Gain access to Stash’s suite of wealth-building tools.
- Personal Portfolio – An investment account that lets you pick your own stocks/ETFs/crypto
- Smart Portfolio – An automated investment account managed by experts
- Tax-advantaged Retirement Portfolio
As a bonus, Stash is giving new members $10 for any first investment as a bonus, so create an account to start investing in your favorite companies today!
Paid non-client endorsem*nt. See Apple App Store and Google Play reviews. View important disclosures.
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4. Empower Yourself Financially, Especially for Women
Whether you think about it or not, there are important realities in a women’s life.
Gender pay gaps where women make less than men, career breaks where women’s earnings drop significantly after having a child,(*) and longer than average lifespan meaning women need more money to live.
That’s why it’s vital to save for retirement and invest, especially if you’re female and why
Ellevest exists, an investment service and money membership created by and designed for women.
Men and those that identify as non-binary are welcome to join as well but it’s the first company to take on women’s unique set of obstacles when constructing an investment portfolio.
With affordable flat monthly fees starting at $1 and maxing at $9, you can be sure that your financial health is taken care of with personalized retirement planning (Plus and Executive memberships), investments with no asset management fees outside of your membership fee, and discounted sessions with career coaches and financial planners. Membership also includes an Ellevest debit card,* which gives you the option to round up spare change to help you save further** as well as unlimited ATM fee refunds.***
With the current world events, it’s even more important to make sure that your “future you” will be comfortable, so take advantage of the first free month and see how it can help you.
5. Protect Your Income When You’re Too Sick to Work
The coronavirus pandemic has added a great deal of uncertainty to everyday life. One way to financially prepare for the unexpected is to protect your income from serious illnesses.
The best time to prepare is when you’re healthy. Yes, you’re taking the precautions and practicing social distancing. But what happens when your state decides to re-open and life resumes? There are still chances to get sick as there’s no vaccine currently. Plus, those who recover from COVID-19 may be at a greater risk for long-term health issues.
That’s why disability insurance is recommended. You need it if you rely on your source of income to live life. This is especially true if you have loved ones who financially depend on you.
Disability insurance isn’t just for injuries. In fact, illnesses (including mental health issues, such as depression) represent 90%* of long-term disability claims.
To make coverage more accessible and affordable, Breeze has built the first fully online disability insurance product. Answer some quick questions to get a rate in a matter of seconds. You can then choose your benefit period (most disabilities average 2 years) and complete a 15-minute online application.
If you’re approved for coverage, you’ll receive disability insurance benefits paid if you can’t work to make up for lost income. Plans start at $9/month* and benefit amounts range from $500 to $20,000.
It’s free to check out rates and you can apply online. Give yourself peace of mind, especially in these troubling times!
6. Federal Student Loans are Paused But the Best Time to Pay is Now
Student debt in the U.S. totals more than $1.5 trillion and is one of the biggest consumer debt categories since it affects more than 44 million Americans.*
And even though Federal student loan payments are paused and most interest rates are set to 0% via the CARES Act through September 30, 2020, the best time to pay is during this temporary relief period if you can. That’s because however much you send will basically double the payment impact as 100% goes straight towards the principal balance.
You can use FutureFuel to make it easier. It’s a personalized Financial Health platform that’ll help save time and money off your student debt and on average, members save $15,000 off their debt plus shave off 4 years of payment!
Utilize their valuable Round Up feature, which sweeps your spare change directly to your student loans as extra payments. As well as the Giveback feature, where you can earn up to 30% cash back on everyday purchases from 450+ popular brands to use towards your loans!
Give yourself peace of mind and you could shave an average of $15,000 off your loans. We think that’s worth it and it takes less than a minute to connect your loan(s).
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