Wouldn’t it be nice to buy that fancy, expensive handbag or book that dream getaway—you deserve it and with these new money saving tips you can make it a reality. It’s a very different world than what your parents grew up in. Basic savings accounts are not the best or only ways to save money these days. In fact, there’s a plethora of new technology out there to help you save in 2018. It’s just too easy not to do it with these tips.
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12 Creative Ways to Save and Make Money
De-clutter Your Life
Do you have a closet full of clothes and a garage full of boxes? It’s time to get rid of the things you no longer use and make some extra cash doing it. Letgo is an app that lets you sell anything—it’s easy, fast and free to use. Snap a picture, upload it and wait for it to sell.
Even old CDs, DVDs and cell phones can make you some extra cash on Decluttr. This free site promises next day payments on phones, video games and other technology. Plus get an extra $5 for your trade-ins with the code FREE5.
Purging will not only make you feel better but put money into your savings account.
De-clutter your Bills
Do you have multiple credit cards that you are paying interest on? Interest rates on some cards are up to 20%—that’s money you could be saving every month. It’s time to refinance and consolidate your bills.
Upstart is an online lending platform that doesn’t rely on the basic FICO score. It looks at things like your level of education and employment history to determine your creditworthiness. Getting a loan with a better interest rate and lower monthly payments can help get you out of debt while saving you money on a monthly basis. Combining all of your monthly bills into one can have a huge impact on your monthly payment.
If you’re not quite sure what your credit score is, what that term means or how to make it better, Credit Sesame is for you. This website explains your credit score in easy to understand terms and gives you personalized ideas of how to fix it. A better credit score may equate to a lower rate on your next loan.
Bad Credit Loans can help you qualify for a loan to pay off high interest credit cards and improve your credit score.
Keeping track of your finances and credit score can equate to less stress and more savings quickly.
Subscription Sweep
Paying monthly subscription fees and not using the service? So many subscriptions get set to auto-pay that you might not even know exactly what you’re even subscribing to. Get ahead of it with Trim. Once you link your bank account and phone number Trim analyzes all of your recurring payments and sends you text alerts with suggestions, ideas of how to lower your payments and can even cancel your unused subscription for you. You simply reply to the texts and save.
Wallet Clean Out
Credit card debt is a real problem in America. Most people carry a wallet full of cards and don’t even know the benefits or rewards each card offers. While earning rewards for swiping your card can be great, finding the right card for your spending habits is the only way to make it worthwhile. Clean out your credit cards and go to Even Financial to find the right card for you. They will match your spending habits and current financial situation to the card that makes you the most money.
Earning Cash From Home
If earning some extra cash while sitting on your couch sounds like a good idea, this trick is for you. Online focus groups and surveys can make you a little extra cash with a just a little extra effort. Here are some of the most respected places to give your opinion:
Harris Poll: You can make $3-$4 every 20 minutes or so by answering surveys.
MyPoints: Simple poll questions for extra cash.
Survey Junkie’s: They will PayPal you the cash after you earn enough points. Easy and clean design keeps it fun and engaging.
InboxDollars: Daily surveys delivered to your email.
Earning while you Drive
Ride-sharing apps are the new way to save some extra weekend cash. Although it seems like everyone is doing it, there’s still plenty of demand and money to be made. Sign up to drive for Lyft and add that cash to your savings.
Lyft drivers have to 21 years or older, pass a background check and own a 2007 or newer vehicle. It can be a great gig that is truly on your own time, whenever you want to do it.
Earning While you Shop
It pays to shop—literally—with Ebates. By adding Ebates to your browser you earn money back at some of your favorite retailers like Target, Amazon, Walmart and Macy’s, to name a few. Ebates monitors your purchases and sends you a check for the money back rewards you get—it’s that easy. Sign up today and Ebates will give you a $10 bonus. This is one of the best ways to save money while shopping for things you actually need.
Comparison Shop
Although always a great idea—who has time to comparison shop or price match these days? Paribus does. Once you create an account Paribus, it will look through any old receipts in your inbox, check if the item has gone on sale or the price has dropped and get you a refund if it has.
Once you sign up, your work is done and your new favorite shopping buddy will let you know when a refund is on it’s way.
House Sit
Give yourself a mini-vacation on someone else’s dime! Housesitter.com allows you to travel to a new neighborhood, city or state to house sit for others. This is a great way to make extra cash while also getting out and doing something new.
Auto-Save
Setting up an automatic account transfer is one of the best ways to save money. Check out CIT Bank, voted one of the best online banks. With only $100 required to open a savings account, you can set up automatic transfers to savings, and then sit back and watch your next egg grow.
Invest the Extra Cash
Now that you’re saving more money, investing it and making it work for you is the next logical step. If you don’t know where to start, Acorns is the place for you.
This online investment platform does all of the investing for you. You can start small—with $5, or if you want to and have the funds, invest a lot more. You can also set up Acorns to deduct small amounts from your account throughout the month, or have your spare change from purchases roll over into the Acorns investment account. For $1 a month, you can start growing your small investment. Sign up now and receive a $5 bonus to start.
Open Accounts that Pay You
Many bank accounts are offering cash bonuses to open new accounts. That’s free money! If you aren’t great at setting aside money for different purposes—vacations, savings, a rainy day fund—this may be a good way to keep it separate from everyday spending.
Every bank has different limitations and requirements, so this does take some research, but free money is worth it.
If you are organized and can handle multiple accounts, this can be a good way to pocket extra cash and save for various purposes.
There are so many new, exciting ways to save money these days. Whether you never learned how to save money or you’re just not good at it, there are many easy ways to start saving today. So take some notes, make a plan, sign up for the latest and greatest in savings technology and start growing your wealth.
For more great tips to save money, visit savemoneytricks.com.
