Oh, the new year. Time for a fresh start!
And since you’ve already moved out of your life in 2021 (albeit not voluntarily – but due to time constraints), you might as well move on. Keep getting those toxic people, traits, and choices out of your proverbial life diet and start feeling good in 2022.
Where to start Well, that’s The Penny Hoarder, after all. Start by getting rid of these greedy companies that are handling your money, charging you too much, and taking advantage of their market share.
Here are the top things to get out of your life this year – and how to replace them with better money options.
1. Cut your greedy bank out of your life forever
Sure, a dollar here and a dollar there in fees and charges didn’t seem to be So bad when you checked your bank account at the end of the year.
But those dollars really added up throughout 2021. The average person loses $ 150 each year to monthly maintenance fees, overdraft fees, wire transfer fees, and more.
So in 2022, say «no more!» to those seemingly harmless fees that your big bank tacitly deducts from your account – and switch to a free Aspiration Spend and Save account.
Yes, there are no monthly fees or overdraft fees with a free Aspiration bank account – plus free access to 55,000 ATMs.
Plus, get 5% back when you browse certain stores and get up to 83 times the normal national interest rate on your savings.
Not too shabby!
Enter your email address here to receive a free Aspiration Spend and Save account. After you’ve verified your email, securely link your bank account so they can help you save on fees and get extra cash. Their money is FDIC insured and they use military grade encryption which is nerd talk for «this is perfectly safe».
2. Cut your car insurance in half (or more)
Okay, you probably can’t get your auto insurance out of your life all if you have a car. But in 2022 you can benefit from lower tariffs with a new policy and pay significantly less for your car insurance every month.
And chances are you’re paying too much for your current policy right now. Cut like this. It. Out
If it has been more than six months since your last car insurance quote, you should look again.
And if you look at a digital marketplace called SmartFinancial, you might get rates as low as $ 22 a month – saving yourself more than $ 700 a year.
It takes a minute to get quotes from multiple insurers so you can see the best rates side by side. Yes – in just one minute you could save yourself $ 715 this year. That’s a lot of money back in your pocket.
So if you haven’t checked car insurance rates in a while, see how much you can save with a new policy.
3. Cut your credit card debt faster
If you have credit card debt, You know. The fear, the interest, the fear that you will never escape …
And the truth is, your credit card company doesn’t care. It only gets rich by ripping you off at high interest rates – some up to 36%. But a website called AmOne wants to help.
If you owe your credit card company $ 50,000 or less, AmOne will provide you with a low-interest loan that you can use to pay off every single one of your balances.
The advantage? You have to pay an invoice every month. And because personal loans have lower interest rates (AmOne rates start at 2.49% APR), you become debt free that much faster. Plus: No credit card payment this month.
You don’t need perfect credit to get a loan – and comparing your options won’t affect your score. Plus, AmOne keeps your information confidential and secure, which is why after 20 years in business it probably still has an A + rating from the Better Business Bureau.
It takes less than a minute and only takes 10 questions to see which loans you qualify for – you don’t even have to enter your Social Security number. While you need to give AmOne a real phone number to qualify, don’t worry – they won’t call you spamming you.
4. Cancel your expensive home insurance
If you’re a homeowner, you likely have home insurance, but you hardly think about it. That’s good – it means you don’t need it. But it also means you don’t know if you will be overcharged for this. 2022 is your time to cut those expenses.
It’s easy to find out, however. To see if you are overpaying for your policy, take a look at yourself a website called SmartFinancial. It’s a digital marketplace where you can get quotes and compare prices to make sure you’re getting the best price.
Homeowners can save hundreds of dollars by switching home insurance this way. It only takes two minutes to get quotes from multiple insurers so you can see all of your options side by side. Start here.
5. Cut your grocery budget – but keep shopping for your favorites
Groceries make up a good part of your budget. Everyone has to eat. You can also make some cash back while packing your groceries and slashing your budget for 2022.
A free app called Fetch Rewards rewards you with gift cards only when you buy essentials like toilet paper and 250+ other items at the grocery store.
Here’s how it works: After you’ve downloaded the app, just take a picture of your receipt showing that you’ve purchased an item from one of the brands listed on Fetch. Your efforts will be rewarded with rewards that can be redeemed for gift cards at your favorite retailers and stores, including the places to buy your groceries such as Amazon, Target, and Walmart.
You can download the free Fetch Rewards app here for free gift cards.
Over a million people already have it, so they have to be into something.
Kari Faber is a writer for The Penny Hoarder.