Living in a one-income household is like being a gymnast walking on a balance beam. You have absolutely no margin for error, and the slightest misstep can spell disaster. On a single income, you have to watch every penny. Wouldn’t it be nice if you got an alert any time you’re shopping on Amazon or Walmart.com and you’re about to get ripped off? If you owe your credit card companies ,000 or less, AmOne will match you with a low-interest loan you can use to pay off every single one of your balances. Credit card debt is the most expensive kind of debt, and your credit card company is just getting rich by ripping you off with high interest rates. But a website called AmOne can help you fight back.
1. Cut Your Food Budget by Planning Ahead
No matter how strategic you are, groceries still account for a good chunk of your budget. Everybody’s got to eat. You may as well earn a little money back while your groceries are being bagged up. This goes beyond just making a shopping list. Real meal planning helps you save money because it helps you use what you buy, preventing food — and money — waste. It also prevents you from spending extra cash on emergency lunches or late-night takeout. A free app called Fetch Rewards will reward you with gift cards just for buying toilet paper and more than 250 other items at the grocery store. That’s exactly what this free service does.
2. Get Paid Every Time You Buy Toilet Paper
Here’s how it works: After you’ve downloaded the app, just take a picture of your receipt showing you purchased an item from one of the brands listed in Fetch. For your efforts, you’ll earn gift cards to places like Amazon or Walmart. The tens of millions of jobs lost to the COVID-19 pandemic have left millions of families surviving as one-income households for the first time. That’s a really hard thing to do these days, especially if you’re not used to it. You just have to answer honestly, and InboxDollars will continue to pay you every month. This might sound too good to be true, but it’s already paid its users more than million. Source: thepennyhoarder.com Groceries are a huge part of everyone’s budget, so they’re a big target for savings. Try preparing for the week ahead with some meal planning.
3. Stop Overpaying for Stuff Online
*Capital One Shopping compensates us when you get the extension using the links provided. You should shop your options every six months or so — it could save you some serious money. Let’s be real, though. It’s probably not the first thing you think about when you wake up. But it doesn’t have to be. It takes two minutes to see if you qualify for up to ,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. Ready to stop worrying about money? The cost of essential purchases, like groceries and rent keeps going up, making it harder than ever for families to get by on a single income. You’re probably thinking: I don’t have the time or money for that. But this takes just minutes — and you could leave your family up to million with a company called Bestow.
4. Knock $540/Year From Your Car Insurance in Minutes
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 3.49% APR), you’ll get out of debt that much faster. Plus: No credit card payment this month. Just add it to your browser for free, and before you check out, it’ll check other websites, including Walmart, eBay and others to see if your item is available for cheaper. Plus, you can get coupon codes, set up price-drop alerts and even see the item’s price history. We hear people are paying as little as a month. (But every year you wait, this gets more expensive.) A website called Insure.com makes it super easy to compare car insurance prices. All you have to do is enter your ZIP code and your age, and it’ll show you your options. Every little bit helps when you live in a one-income household. But by following these seven steps, though, maybe you can build yourself a little bit of a cushion.
5. Stop Paying Your Credit Card Company
Over a million people already have, so they must be onto something. Yup. That could be 0 back in your pocket just for taking a few minutes to look at your options. You can get started in just a few clicks to see if you’re overpaying online. You can download the free Fetch Rewards app here to start getting free gift cards. Let’s say you’re shopping for a new pair of shoes, and you assume you’ve found the best price. Here’s when you’ll get a pop up letting you know if that exact pair of shoes is available elsewhere for cheaper. If there are any available coupon codes, they’ll also automatically be applied to your order.*
6. Add $225 to Your Wallet Just for Watching the News
Living in a one-income household is just a little bit easier when you can add even just a little bit more income. For example: And research companies want to pay you to keep watching. You could add up to 5 a month to your pocket by signing up for a free account with InboxDollars. They’ll present you with short news clips to choose from every day, then ask you a few questions about them. First, figure out how many meals you’re responsible for making every week. If it’s just you, your answer might be 21: seven breakfasts, lunches and dinners. If you have a family, count meals per person — a dinner for three people counts as three dinners, even if you all eat the same thing. Does all this sound familiar? If you’re in this position, we’ve got seven money moves you can start making today: Mike Brassfield ([email protected]) is a senior writer at The Penny Hoarder. He knows what it’s like to survive as a one-income household.
7. Leave Your Family up to $1M
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’s been a historic time for news, and we’re all constantly refreshing for the latest updates. You probably know more than one news-junkie who fancies themselves an expert in respiratory illness or a political mastermind. Get the Penny Hoarder Daily Privacy Policy Using Insure.com, people have saved an average of 0 a year. In the last year, this has saved people 0 million. It takes about one minute to sign up, and start getting paid to watch the news. <!–
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Oh, to be a millionaire. Look, not all of us have the money to set up trust funds for our loved ones — especially living on a single income. But you could still leave them up to million in life insurance — and you don’t even need to have the money in the bank.