It costs twice as much these days to fill up your gas tank. The grocery bill increases every week. Kids need new shoes? Pull out another few hundred bucks.
Your budget is bleeding, thanks to inflation. How to stop this financial haemorrhage? Hint: You can’t do it with savings alone.
Of course, being frugal helps. But you can’t make your way to solvency, and lunchtime meals or bringing your own coffee can only get you so far in an age of inflation.
Instead, look for the biggest savings. Here are several common ways people spend unknowingly.
1. You’re paying too much when shopping online
Savvy consumers are embracing online shopping for convenience and, in the age of $5 gas, for savings. Truly savvy shoppers know the easiest way to save: Capital One Shopping.
This free browser tool saved consumers over $160 million in 2021. It works by finding the best prices from over 30,000 retailers, which includes considering membership prices and fees shipping. If there is a coupon or promotional code online, Capital One Shopping automatically applies it.
Bonus: Every time you shop this way, you earn credits that can be redeemed for gift cards at dozens of top retailers.
All you have to do is install the Capital One Shopping tool. Yes, it really is as simple as that. Just set and forget.
What are you waiting for? Add Capital One Shopping to your browser. It’s free.
2. You’re still paying interest on your credit card
Debt is coming. No matter how careful you are with your spending, a wild card like illness or unemployment can ruin your finances. Scary credit card rates make it much harder to pay what you owe.
One way to get out of debt is to wipe it all out at once with a personal loan, at a lower interest rate. After that, you only have one monthly payment which costs much less overall. But how do you find a lender who won’t sneak in a bunch of fees or other unsavory terms? Simple: you let the financial experts at LendingTree do it for you.
LendingTree only works with trusted financial companies, so you don’t have to worry about being scammed by a fake “lender” online. And they do it for free.
Take a few minutes to answer a few questions about the type of loan you’ll need, and within seconds LendingTree will find your best competing loan deals.
Stop paying exorbitant interest rates. Choose your best loan offers now.
3. You lose $440 a year in car insurance
You can’t do without car insurance. What you box Do without? Paying too much for this coverage.
Unfortunately, you are probably already paying too much for it. Does finding the best price seem like too much work? Let The Zebra, an insurance comparator, take the wheel.
The Zebra will find the absolute best rates from over 200 insurers – and without asking you for any personally identifying information. Other sites want your email address or phone number before helping you, which can lead to spam by agents who want to do business with you.
It only takes a few minutes for The Zebra to run the numbers. After that you will get a list of the best bets – which means you decide who to contact. And the new offer will save you up to $440 per year. All year.
Do the math: In five years, you’ll have saved up to $2,200 on the car insurance you need.
Are you paying too much for coverage? Enter your postal code here to find out.
4. You’re wasting thousands of dollars on car repairs
The average age of American vehicles is now 12.1 years. Better to have a paying clunker than an expensive monthly car payment, right? But like us, cars start to break down as they get older – and the most expensive problems usually come after the manufacturer’s warranty has expired.
But don’t worry: Endurance is here for you.
The company offers “vehicle maintenance contracts” (similar to car warranties) for cars up to 20 years old. Choose from six different blueprints to get the covers you need (and skip the ones you don’t).
All six plans include 24/7 roadside assistance (via phone or mobile app), as well as a car rental benefit if your car needs to stay at the store. When you join, you also get a free year of the Elite Benefits program, which includes a collision discount, full tire coverage, key fob replacement, and a $1,000 benefit if your car is considered as a total loss.
Choose your repair center from a network of more than 350,000 ASE-certified workshops across the country. Endurance pays for repairs up front, so all you need to cover is the deductible.
ConsumerAffairs.com calls the Endurance warranty a “solid choice” for all drivers. The site also notes that the Endurance is “especially appealing to those with older cars” – which is pretty much everyone these days.
Stop worrying about expensive car repairs. Get your fast, free quote today.
5. You don’t diversify your portfolio
Are you worried about the stock market? Before disaster strikes, be prepared.
Goldco is here to help. From precious metal IRAs to direct purchases of precious metal coins and bullion, Goldco can help you safely diversify and grow your retirement portfolio.
Gold is a safe haven for investors, and for good reason. Gold is a physical commodity, not a form of currency. It cannot be printed like money and its value is not affected by government interest rate decisions. Gold can be stored indefinitely and is a proven long-term hedge against inflation.
Goldco is a trusted leader in the precious metals industry. It’s been around for over a decade and has been recommended by celebrities like Fox News talk show host Sean Hannity, Chuck Norris, and even former presidential candidate Ron Paul.
They have an A+ BBB rating, a AAA rating from Business Consumers Alliance, and 4.8-5 stars on Trustpilot, Trustlink, Google Reviews, and Consumer Affairs. You’ll even receive up to $10,000 in free cash on qualifying purchases.
Protect your wealth with gold today. Request your free information package now.
6. You let home repairs drain your savings
Having home insurance is essential, but it’s not enough either. Your home is full of systems and appliances that can (and will!) break down, and are not covered by home insurance. Finding a reputable repair company on short notice can be difficult and the costs can be terrifying, especially if two or three things break down in the same year.
Don’t fight to pay for repairs. Protect yourself against them, with the help of Select Home Warranty. The company offers three levels of coverage for your appliances and your heating/air conditioning, plumbing and electrical systems.
If there’s a problem with normal wear and tear, just call Select Home Warranty, day or night. The company has an extensive network of reputable repairers who will fix what’s wrong.
What if they can’t fix it? Select Home Warranty will replace it. All you pay is a service fee.
You don’t need a home inspection to qualify for a warranty, and there’s no limit to the number of claims you can file. Right now, Select Home Warranty is offering $150 off the plans, two months free, and free roof leak coverage.
Don’t let expensive home repairs drain your bank account. Get a free quote in 30 seconds.
7. You leave behind $1,000 every year
If there was one easy thing to do, every day, to save more money, to create more wealth, you would do it, right?
Well, here it is: Take just five minutes each day and check out the totally free Money Talks newsletter. More than a million Americans have done it, and they said they saved an average of $991.20 each by viewing our news and tips.
Get the best tips and tricks to earn, save and grow your money every day. Sign up for our free newsletter today.
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