10 Quick Steps That’ll Have You Managing Your Money Like A Millionaire
Life would be a whole lot easier if someone would just Venmo us $1 million, but unfortunately the chance of that happening is, well, probably zero. (Venmo doesn’t allow transactions that large anyway.)
But even though our chances of becoming a millionaire are slim, we can still manage our money like one. No, we’re not going to tell you how to buy hundreds of shares of Apple stock. Or how to pick out the perfect yacht.
These are simple money moves any normal, non-millionaire person can make today. Each tip can get you closer to achieving your big goals.
Take a look:
1. See if You Can Get Free Money From This CompanyHere’s the deal: If you’re not using Aspiration’s debit card, you’re missing out on extra cash. And who doesn’t want extra cash?
Yep. A debit card called Aspiration gives you up to a 10% back every time you swipe.
Need to buy groceries? Extra cash.
Need to fill up the tank? Bam. Even more extra cash.
You were going to buy these things anyway — why not get this extra money in the process?
Enter your email address here, and link your bank account to see how much extra cash you can get with your free Aspiration account. And don’t worry. Your money is FDIC insured and under a military-grade encryption. That’s nerd talk for “this is totally safe.”
2. See If you Can Get Car Insurance For as Low as $19/Month
When was the last time you compared car insurance rates? Chances are you’re seriously overpaying with your current policy.
If it’s been more than six months since your last car insurance quote, you should look again.
And if you look through a website called InsuredNation, you could save yourself up to $500 a year.
It takes just two minutes to answer some questions, and InsuredNation’s smart matching technology will show you the insurance companies that are the best fit for you. And don’t worry — InsuredNation uses advanced data security and encryption technology, so all your details are safe.
The website is free to use and can even save you up to an additional 20% if you add another vehicle to your policy. You could be paying as little as $19 a month for car insurance.
InsuredNation has already helped millions of people find affordable car insurance. See how much money you could save with a new policy.
3. Let This Free Financial Plan Save You up to $3,500/Year
Having a financial plan is one of the smartest decisions you can make for your future. It’ll help right the wrongs you’ve made and get you on a path toward a richer life.
But only people making six figures can afford a personal advisor to analyze their finances and give them personalized recommendations, right?
A company called Anasova uses AI software to replace those expensive sessions with financial advisors. It takes less than 10 minutes to answer some questions about your money habits and goals, then you’ll get a super-personalized PDF outlining what you need to do to reach them.
You’ll also get a custom FinTech Guide to help you find the best FinTech partner to get you going on your financial journey.
Even better? Anasova’s financial plan is completely free — and totally anonymous. You don’t even have to give them your email address. They won’t bombard you with ads or sell you other products, either.
There’s no catch; Anasova was built by one of the nation’s top wealth management executives who wanted to make it easier for everyone to get access to financial management — not just the rich.
Now you can get access to custom financial advice — even if you’re not a millionaire. Just click here to answer a few questions and get your free financial plan from Anasova now. It could save you thousands.
4. Ask This Website to Pay Your Credit Card Bills This Month
If you have credit card debt, you know. The anxiety, the interest rates, the fear you’re never going to escape…
And the truth is, your credit card company doesn’t really care. It’s just getting rich by ripping you off with high interest rates — some up to 36%. But a website called AmOne wants to help.
If you owe your credit card companies $50,000 or less, AmOne will match you with a low-interest loan you can use to pay off every single one of your balances.
The benefit? You’ll be left with one bill to pay each month. And because personal loans have lower interest rates (AmOne rates start at 2.49% APR), you’ll get out of debt that much faster. Plus: No credit card payment this month.
AmOne keeps your information confidential and secure, which is probably why after 20 years in business, it still has an A+ rating with the Better Business Bureau.
It takes two minutes to see if you qualify for up to $50,000 online. You do need to give AmOne a real phone number in order to qualify, but don’t worry — they won’t spam you with phone calls.
5. This Guy Added Nearly 300 Points to his Credit Score — See How You Can Raise Yours, Too*
You’ve got big plans. Maybe you’ve got your eye on a new car. Or you’re hoping to buy a house in the next few years. Or you’d even like to start your own business. But here’s the thing: No matter what your goals are, you might not realize how much your credit score is standing in your way.
The good news? A free website called Credit Sesame makes it easy to put your credit score on track to reach your goals. We even talked to one guy, James Cooper, of Atlanta, who used Credit Sesame to raise his credit score nearly 300 points in six months.*** He says they showed him exactly what to do — he was even able to open his first credit card.
What could adding 300 points to your score mean for your goals? It could easily save you thousands of dollars over the life of a car loan or mortgage.
Within two minutes, Credit Sesame will give you access to your credit score, any debt-carrying accounts and a handful of personalized tips to improve your score. You’ll even be able to spot any errors holding you back (one in five reports have one).
Make sure your plans don’t get sidelined by bad credit. Sign up for free (it only takes about 90 seconds) and see how much you could improve your score.
6. Invest in Multi-Family Real-Estate — With Just $500
We all have the same 24 hours in a day. But what we don’t all have is access to the same opportunities. This is especially true for investing. The high-and-mighty 1% have access to exclusive, lucrative real estate investments that you’d likely never be able to afford, even if you could get your hands on them.
Until now, that is.
A company called CalTier lets you invest in commercial real estate — specifically, multi-family apartment complexes across the country — for as little as $500.
Traditionally, you’d need to be an accredited investor with a six-figure income or a million-dollar net worth to do this.
But CalTier partners with big-time real estate companies that do billions of dollars in real estate deals and gives access to a diverse and exclusive portfolio of properties. Investments in multi-family housing have outperformed the S&P 500 for the last 20 years*.
CalTier also gives you a 30 day money-back guarantee. And if you have any questions along the way, you can talk to a real human to get them answered.
Ready to join the ranks of wealthy and institutional real-estate investors? It’s easy to open a free account and get started here.
7. Cut Your Cell Phone Bill by More than Half
Did you know you don’t need to pay big network prices to use your phone on the best network in the country?
A cell phone carrier called Twigby lets you keep your phone and only pay for the data you need on the best nationwide network (we did some digging — it’s Verizon).
Yep, you can use your phone for as little as $4.50 a month and save hundreds of dollars on your bill. And if you need to up your data in the middle of the month, you’ll only pay the difference in plan prices — instead of those hefty overage fees.
Twigby makes it really easy to switch, too. And don’t worry — you get to keep your phone number. When you sign up for a contract-free plan, they’ll send you a new SIM card in two days. All you have to do is pop it into your phone and you’ll be running on the best network in the U.S., for less. Need more lines? You can add up to 10 lines to your account and choose exactly what you want for each.
And if you have any questions or need someone to walk you through it all, they have their own U.S.-based customer service team available to chat with you.
Plus, right now you can get 50% off your monthly plan for six months. Could you imagine paying as little as $4.50 a month for your cell phone bill?
So, if you’re ready to keep your top-quality cell phone service but lose the expensive monthly payment, make the simple switch to Twigby.
8. Knock $300 Off Your Biggest Bill Every Single Month
Buying a house is expensive. Like, so expensive. Between down payments, taxes, insurance and more, getting your name on a deed likely costs more than anything else in your life.
And while it no doubt will continue to be your biggest monthly payment, a website called Mortgage.net is helping people save up to $3,600 every year on the roof over their heads.
Whether you’re refinancing or buying a new home, it can save you an average of $300 a month.
That’s thousands of dollars you could put toward upgrading your home, padding your emergency fund or even taking a well-deserved vacation after only seeing the inside of your home for the last few years.
It takes just one minute to fill out a form, then Mortgage.net will match homeowners with multiple lending options side-by-side. They’ll be able to see the rate, APR, monthly payments and fees (if any) for different types of loans.
Rates are some of the lowest they've ever been, so if you’re buying a home or looking to refinance yours, use Mortgage.net to compare your options. It takes just one minute to answer some questions and see how much money you could be saving on your mortgage.
9. Let This Card Add Points to Your Credit Score — Even if You Don't Qualify for Credit Cards
It’s not personal. It’s business. Credit card companies see numbers, not stories. So if you have a low credit score, most of them won’t lend you money.
But without credit cards, how can you raise your score in the first place? They aren’t all betting against you, though. The secured Chime Credit Builder Visa® Credit Card could help you add points to your score — even if you don’t qualify for other credit cards. People who use this card add an average of 30 points1 to their score.
Chime doesn’t ask you to pay annual fees, maintenance fees or interest charges — and you don’t even have to have a hard credit check.
To apply, all you have to do is set up a Chime Checking Account and make a qualifying direct deposit of at least $2002. Then just move money into your Credit Builder secured account — this becomes your credit limit and you can use this money to pay your balance.
Chime reports your payments to the major credit bureaus. If you use your card responsibility and make on-time payments every month, your score will reflect that progress.
Credit Builder users see their credit score improve by 30 points, on average. And the Chime app will let you follow along and track your progress.
Get started here to see how many points you could add to your credit score.
10. Get $250 in Cash When You Need it — at 0% APR
When you need cash — and you need it fast — there are only so many legal ways to get it. And most of them aren’t great. You definitely don’t want to pay up to 400% APR1 (no, we didn’t make up that number) on a payday loan.
But with the mobile banking app MoneyLion, you could get that cash in minutes — at 0% APR. Yep, interest-free. It’s called Instacash, and it could get you up to $250 any time you need it. No interest. No monthly fees. No credit check.
Once you set up your account and link it with a qualifying bank account, you’ll have access to receive up to $250 in Instacash advances in just a few minutes. Even better, there’s zero interest.
There won’t be a credit check or any required fees charged to your account; you’ll just get the cash — no strings attached.
Signing up for Instacash is easy. Get started here to get access to cash with 0% APR.
This material is for informational purposes only and should not be construed as financial, legal, or tax advice. You should consult your own financial, legal, and tax advisors before engaging in any transaction. Information, including hypothetical projections of finances, may not take into account taxes, commissions, or other factors which may significantly affect potential outcomes. This material should not be considered an offer or recommendation to buy or sell a security. While information and sources are believed to be accurate, MoneyLion does not guarantee the accuracy or completeness of any information or source provided herein and is under no obligation to update this information. For more information about MoneyLion, please visit https://www.moneylion.com/terms-and-conditions/.
Instacash is an optional service offered by MoneyLion. Your available Instacash Advance limit will be displayed to you in the MoneyLion mobile app and may change from time to time. Your limit will be based on your direct deposits, account transaction history, and other factors as determined by MoneyLion. See Membership Agreement and help.moneylion.com for additional terms, conditions and eligibility requirements.
1 Consumer Financial Protection Bureau 2017.
***Like Cooper, 60% of Credit Sesame members see an increase in their credit score; 50% see at least a 10-point increase, and 20% see at least a 50-point increase after 180 days.
Credit Sesame does not guarantee any of these results, and some may even see a decrease in their credit score. Any score improvement is the result of many factors, including paying bills on time, keeping credit balances low, avoiding unnecessary inquiries, appropriate financial planning and developing better credit habits.
Banking services for the Chime Checking Account are provided by The Bancorp Bank or Stride Bank, N.A., Members FDIC. The Chime Visa® Debit Card is issued by The Bancorp Bank or Stride Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted. Please see back of your Card for its issuing bank. The Chime Visa® Credit Builder Card is issued by Stride Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa credit cards are accepted.
Opinions, advice, services, or other information or content expressed or contributed here by customers, users, or others, are those of the respective author(s) or contributor(s) and do not necessarily state or reflect those of The Bancorp Bank and Stride Bank N.A. (“Banks”). Banks are not responsible for the accuracy of any content provided by author(s) or contributor(s).
1Based on a representative study conducted by TransUnion®, members who started using Chime Credit Builder in September 2019 observed a median credit score (VantageScore 3.0) increase of 30 points by January 2020. On-time payment history can have a positive impact on your credit score. Late payment may negatively impact your credit score.
2To be eligible to apply for Credit Builder, you need to have received a qualifying direct deposit of $200 or more to your Checking Account within 365 days of your Credit Builder application. The qualifying direct deposit must have been made by your employer, payroll provider, or benefits payer by Automated Clearing House (ACH) deposit. Bank ACH transfers, Pay Friends transfers, verification or trial deposits from financial institutions, peer to peer transfers from services such as PayPal, Cash App, or Venmo, mobile check deposits, and cash loads or deposits are not qualifying direct deposits.
Chime is a financial technology company, not a bank. Banking services provided by, and debit card issued by, The Bancorp Bank or Stride Bank, N.A.; Members FDIC.