11 Mundane Money Moves to Stop Living Paycheck to Paycheck
Living paycheck to paycheck is the WORST.
Constantly stressing, constantly worrying, not sleeping at night.
Thinking all the time — “Could this expense be IT?”
If we could just get an opportunity to catch our breathe, we can pull ourselves out of this.
Ready to break the cycle of living paycheck to paycheck (and finally sleep soundly again)? We’ve got some simple moves you can make today to start earning and saving more. Let’s do this!
1. Get $5 to start investing in Apple or Amazon or Netflix
The only way to get out of the cycle of living Paycheck to Paycheck is by investing in yourself.
Take those $5 bills you spend on Starbucks and start investing them.
The best news? You don’t even need $5 to get started — All it takes is $1!
Stash is a great place for beginning investors to get started. You can buy fractional shares (partial shares) in companies that are household names like Apple, Google, and Amazon. Normally a single share of these companies would cost hundreds or even thousands of dollars, but you only need $1 to get started with Stash.
Stash also offers all kinds of tools and guides to help you along the way and you can use the Stash app to track your investments from anywhere.
For a limited time Stash will give you $5 to invest when you make your first investment.2
2. Save up to $500 on car insurance
Car insurance can be expensive, so you want to make sure you’re not overpaying on your current premium.
FinanceBuzz has made it easy to search and compare quotes. Think of it as Kayak, but for car insurance.
We can help match you to insurance carriers and regional agencies to help you save on your car insurance. FinanceBuzz can save drivers up to $500 per year compared to their current insurance premiums.
It takes less than 5 minutes to fill out the form and you’ll receive a list of matches that show you online, email, and potentially phone quotes.
3. Get spotted up to $100 if your account balance runs low
If you’re one of the 78% of Americans who live paycheck-to-paycheck, wouldn’t it be nice to have a little extra financial cushion especially at the end of the month when rent is due?
With a Chime account, you can not only avoid overdraft fees if your balance runs low, they’ll actually spot you up to $100* on debit card purchases.
With Chime, there are also no hidden fees~ like monthly fees or minimum balance fees and they’ll even help you get your paycheck up to two days early if you use direct deposit^.
Apply online in just two minutes — there’s no credit check required.
4. Crush your debt with a historically low interest loan
If you’re looking for a chunk of change and earn more than $20,000/year, a personal loan could be a good option.
Our partner AmOne will match you with loan providers to fit your specific needs. In only 2 minutes, you could get matched for a loan up to $50,000 and rates as low as 3.49%.
Why not see if you qualify? It will NOT affect your credit score.
5. See if you can raise your credit score in real time
Your credit score affects whether you can get approved for a loan, a credit card, or even a new job. Usually it can take weeks or months to improve your credit score, but there’s an innovative new service that could help you raise your FICO® Score instantly.
Experian Boost™ can help you get credit for making on-time payments for your phone and utility bills. The process takes just minutes and if qualifying payments are identified, you can include this positive information in your credit file. (Don’t worry: If you have any negative marks, those won’t count against you.)
Since launching, Experian Boost has collectively increased FICO® Scores across America by over 10 million points. It’s 100% free and new credit scores take effect immediately.
6. Budget better and trim up to $720 from your bills
Ever look at your bank account and wonder where your paycheck went? Poof, it’s gone and you’re not exactly sure where you spent it. A budgeting app like Truebill can help you take control of your money — spend intentionally on the things you value and stop throwing money away on unimportant things.
Once you have a complete picture of your finances, it’s easy to see ways to save. And Truebill can help make those potential savings a reality. Their expert negotiators can call the cable company and phone company to help lower your bills. They’ll also help you cancel unwanted subscriptions and put that money back in your bank account where it belongs.
Truebill has already helped save its members over $50,000,000 on their bills without much time and effort.
7. Get paid to make deliveries on your schedule
DoorDash lets you be your own boss and set your own schedule by making deliveries. Customers place an order from the list of restaurants including Starbucks, Chipotle and hundreds of others in your area. The app then pushes orders to any nearby Dashers who are logged in. Just pick up the food, drop it off and get paid!
You get to keep 100% of the delivery fee plus any tips or boosts. Dashers earn an average of $15-25 an hour. Due to COVID-19, all orders are no-contact by default.
Work as much or as little as you want. You set your hours, so the earning potential is up to you. To be a Dasher, you’ll just need a vehicle, a smartphone, and be over the age of 18.
8. Turn your $1,000 into $2,000 without even thinking about it
If you’re ready to start saving for next month’s rent, consider Digit. It’s like your smart financial assistant, dedicated to helping you achieve your financial goals. Just tell Digit what your goal is — whether it’s paying your rent, saving for a vacation, or building that emergency fund — then let their sophisticated algorithms do the rest.
Digit will analyze your spending habits then automatically move the perfect amount to your secure Digit account. You’ll start saving without even thinking about it or changing your lifestyle.
Digit has already helped its users save over $2.5 billion dollars!
9. Turn a photo of your grocery receipt into an Amazon gift card
Even if you’re on a tight budget, what’s one expense that won’t go away? Your grocery bill.
Now you can get rewarded for your grocery bills with an app that lets you earn gift cards from pictures of your grocery receipts.
All you need is your phone and the Fetch app. After you’re done shopping, just snap a photo of your receipt. Your photo earns points. Then you can redeem those points for gift cards at popular stores like Amazon, Target, and Home Depot.
BONUS: You’ll get 2,000 points bonus when you enter this referral code: BUZZ before you scan your first receipt.
10. Turn your skills into cash
If you’re handy, you take those skills and turn them into cash.
With new projects coming through HomeAdvisor every two seconds, there’s something for everyone. Whether it’s painting, mowing lawns, cleaning houses or larger projects like roof and fence installations, HomeAdvisor can connect you to these jobs. HomeAdvisor will set you up with an online business profile and help you collect customer reviews to land your next job.
With over 100 million lifetime service requests and thousands of users searching every day, what are you waiting for?
Bonus: Get smarter about money in just 5 minutes a day
“Wealthy” is all about numbers. “Worthy” is a mindset. If you’re the type of person who’s passionate about growing your net worth and becoming financially independent, then you belong in Worthy — our brand-new personal finance community.
Join Worthy, and you’ll get expert advice on earning more, investing smarter, and saving for the life you want – right in your inbox, for free! Stay up-to-date on the latest news and trends that could impact your wallet, and get access to exclusive insider content and special offers.
Sign up now and join thousands of people who are getting smarter about money every day with Worthy.
Bonus: Save an average of $5,300 while paying off your credit card debt
It can be tough to get out of credit card debt. With high APR credit cards, the interest can pile up even if you make all your payments on time. With a little help, you can start making progress and finally see your balances shrink.
Tally is an app that can help you pay off your debt faster. Just transfer your high-interest credit card balances to a Tally line of credit — a move that could potentially save you hundreds of dollars. Then use the savings to pay down your debt faster.
Tally users see an average lifetime savings of $5,300.1 If you have a credit score of at least 660, it just takes minutes to see how much you could save. Don’t worry – signing up won’t hurt your credit score.