40s, 50s, and 60s are great decades and all, but age comes with some harsh realities. Chances are you’ve got debt up the wazoo, the health insurance premiums are killer, and you’re wondering where the heck all your money is going each month.
Paying your essentials is tough enough, let alone trying to stash some extra cash. And if you’re looking to live life after 65 without dining on cat food, you need to get savvy now.
Time for some tough talk. Cut whatever streaming service you don’t use anymore. Drop the daily trip to the coffee shop. Look for side gigs. And do simple things to lower your expenses and build your savings.
Check out the following list of ideas that will put more money in your pocket. Not all of these will work for you, but some will. So read the entire list.
1. Crush $10,000 or more in debt and break free
National Debt Relief is one of the most respected providers of debt relief in the country. They’ve helped more than 500,000 people, are A+ rated by the Better Business Bureau and also top-rated by TopConsumerReviews, TopTenReviews, ConsumersAdvocate and ConsumerAffairs.
How it works: You fill out a form on the company website, then a debt coach will call you to learn more about your situation. If they can help you, they’ll set you up with an affordable plan that works for you — and give you an estimate of when you can expect to be debt-free! There’s also no upfront fee and no obligation to get started.
National Debt Relief can help you with almost any unsecured debt, like credit cards, personal loans, medical bills, repossessions … even some student loan debt.
Ready to start a new, happier chapter of your life? Click here and see what they can do for you!
A Few Clicks Away From Being Debt Free
2. Save 10%-30% on everything you buy
Let’s face it, shopping online is more convenient than going to a store. Plus, you’re more likely to find a deal, promotion, or coupon code and quickly cross-reference prices at several different retailers to save money.
Want to make that process even easier? Try Capital One Shopping. This handy dandy tool alerts you when a deal on an item you’re buying is available. Talk about effortless. All you have to do is add it as a browser extension, and it’ll search the internet for coupon codes to apply during checkout.
That’s not all. It also compares prices across the internet and will notify you when the item you’re purchasing is cheaper elsewhere. It’s free, and you don’t need to be a Capital One customer to use it. It’s just a friendly tool trying to save you money online.
Save Money When You Shop Online
3. Cut up high interest cards and pay 0% interest
A 0% interest rate credit card is a great way to stop the interest clock from ticking, often for a year or more, while you focus on paying down your balances.
There are lots of 0% interest credit cards available, so compare the features and benefits of each to find the best fit for you.
Factors to consider include the length of the 0% period, the regular APR after the intro period ends, the balance transfer fee and the annual fee.
This is not a free pass to spend beyond your means. You still need to make at least the minimum payment every month and if possible, to pay off your balance before the intro period expires. And you’ll likely need a good credit score to qualify.
Still, 0% credit cards are powerful tools you can harness to crush high rates and radically reduce your balances. Just use them responsibly and plan ahead for when the intro period ends.
Click Here for the 10 Best 0% Credit Cards
4. Earn free money with your savings
What’s the difference between a half-percent and 4% interest?
If you’re like a lot of savers, you’ll say, “Who cares? Neither one amounts to much.” But that’s a mistake, and the longer you make it, the more it will cost you.
Example: Put aside $500 a month for 30 years at 0.5% interest, and you’ll end up with $195,000. Nice!
But if you can raise that rate to 4%, you’ll end up with more like $350,000. Nicer!
Doesn’t it make sense to earn an extra $155,000 with no additional effort and with no additional risk? That’s exactly why it pays to shop your savings and find the highest-paying FDIC-insured savings account.
Especially when it’s so simple. There are tons of free online comparison sites, like Fiona, that can help you find top rates on insured savings in seconds. So take a few seconds and check it out.
5. Pocket $200 for just being on your phone
That’s right, you can get paid for playing games on your phone! Not only that, you can earn cash or rewards by scanning grocery receipts, taking surveys, watching videos, and surfing the web.
You might pocket as much as $200 a month with InboxDollars. Make side cash while stuck in line or hanging on the couch scrolling your phone. It won’t solve all your financial problems, but you can get paid for being on your phone, which you’ll probably do anyway.
InboxDollars has been in business since 2006 and has paid out over $80 million in cash rewards to members. To sign up, enter and confirm your email. You’ll even receive a $5 sign-on bonus to boost your earnings out of the gate. Then you get to participate in whichever options strike your fancy.
You need a minimum of $15 to cash out. Then, redeem your rewards for gift cards at places like Amazon, Target, and Starbucks or transfer them into PayPal cash which can take up to 10 days to receive.
Yes, it's really that easy.
6. Invest in real estate for $10
It used to be that investing in commercial real estate, like apartment or office buildings, required lots of money and lots of expertise.
Not anymore, thanks to an online investing platform called Fundrise. Now people with modest amounts of money (i.e, $10) can own a slice of a real estate portfolio.
Fundrise tears down the traditional barriers needed to invest in real estate property, and so far over 1.7 million consumers have used Fundrise to invest in commercial property.
It takes as little as $10 to get started, the platform is easy to use, it’s open to all investors (of all experience levels) and there are other investment options too, like IRAs.
Fundrise has delivered an average annual rate of return of 5.29% over the past five years, a stark contrast to the average, annual 0.23% interest your money gets by sitting in a savings account.
Of course, nothing is guaranteed, and past performance is no indication of future results. Still, Fundrise has the potential to make more than you’re making now in the bank — or under the mattress. And you can get your feet wet for as little as $10!
Note: This is a testimonial in partnership with Fundrise. We earn a commission from partner links on moneytalksnews.com. All opinions are our own.
7. Get $100 or more for trying fun, free apps
Imagine having your next coffee, case of beer, or gas fill-up paid for. Well, it’s possible when you use KashKick.com. It’s a site that pays you for completing specific tasks like trying a new app or game, taking surveys, or watching videos.
KashKick doesn’t have any gotchas or hidden fees. What you see is what you get. Surveys range from 15 cents to $2 each, so your earnings add up quickly. You just need a minimum of $10 before cashing out to your PayPal account. Payout is usually three business days or less.
To sweeten the pot, you’ll receive 25% of your friend’s earnings if they are using your referral link. Ensure they’re in the U.S. because it’s only available to American citizens or permanent residents. So, try it in your downtime and let the drinks pay for themselves.
Get Paid for Things You Do All Day
8. ‘Diversifying’ isn’t just a fancy investing word
During the last recession, many hard-working Americans lost a lot — including their retirement savings. Now some economists are predicting the next recession is just around the bend, so now’s the time to prepare.
How? Use American Hartford Gold to diversify with an asset like gold or silver, either delivered to your door or in your IRA.
According to some experts, there may be less than 20 years’ worth of mineable gold remaining in the ground. They ain’t making any more of it.
American Hartford Gold has a five-star rating with Trustpilot and an A+ rating with the Better Business Bureau. If market volatility’s got you down, or if you just want to invest in an essential (and tangible) commodity, give American Hartford a try.
Note: American Hartford is available only for those with at least $50,000 to invest. Too much? Another quality company, Lear Capital has minimums as low as $15,000.
See why thousands of Americans are turning to gold and gold IRAs to protect their wealth.
Get Your Free Investors Kit Today
9. The ultimate saver, AARP. 55+ club. Nope. 18+ can join!
The less you pay, the more you can do. You can save hundreds every year simply by joining AARP.
Members get discounts on hundreds of things, like:
- Up to $200 per person off flights
- Up to 30% off rental cars
- Up to 15% off restaurants
- Up to 20% off hotels
You’ll also save on eyeglasses, prescriptions, meal deliveries and lots more. And that’s not all. AARP offers a Fraud Watch Network, job listings, retirement planning tools, games and tons of information, programs and resources.
Anyone trying to save more and spend less can’t afford not to join AARP, especially since the cost is as low as $12 per year with auto-renewal. You’ll likely recoup the cost in the first week.
They even give you a free gift to sign up!
Create an Account and Get Started Saving Today
10. Save $600 by shopping your car insurance
If you’re like most Americans, you’re probably paying too much for car insurance. Shopping around for a better deal is the only solution, but that’s a hassle.
Or is it?
Take a few seconds and check out Provide Insurance, the largest online marketplace for insurance in the U.S.
Provide Insurance lets you compare quotes from more than 175 different carriers in the blink of an eye. Just answer a few questions about yourself and your driving history. Then Provide will show you the best options for your needs and budget.
According to Provide, you could save up to $610 a year on car insurance by using the Provide marketplace. That’s money you could use for other things, like investing, saving, paying off debt or just having fun.
If nothing else, you’ll at least know if you’re getting a decent price on your current coverage. Nothing to lose, maybe hundreds to gain.
See How Much You Could Save Today
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