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How Much Is Your Old Device Worth? This Site Pays 30% More — Within 24 Hours

We bet you paid a lot of money for a phone that’s been sitting in a drawer (or basket or bin or closet or…you get the point) for the last few years.

And at the rate technology is changing, there might be a few phones, tablets or pairs of headphones gathering dust in there. Do you know how much money you’re wasting by letting your old tech get older? You won’t use them again — might as well sell them!

A website called Whistle makes selling all of those items super easy. No printer, mailing supplies or sketchy Craigslist meetups required. Plus, you could get paid 30% more than with other options — and get your money within 24 hours.

See How Much Your Device is Worth in 30 Seconds or Less

You’ve probably always assumed you’d get peanuts for selling your smartphones and gadgets — not even worth all the hassle. Well, Whistle has found a way to make this process as easy as possible.

So, are you ready to part ways with your old tech and make some money? Here’s what you need to do:

When you go to Whistle’s website, choose the device you want to sell and answer a few questions about it. You’ll then get a guaranteed offer. That means as long as you’ve answered the questions honestly, they’ll pay you exactly that amount — no questions asked.

This won’t take you more than 30 seconds.

A 64GB iPhone XS in good condition could fetch $290. An Amazon Kindle Paperwhite with 32GB could sell for $60. In general, Whistle says it pays out 30% more than other websites. Plus, Whistle stays in touch with you every step of the process.

If the price is right, enter your email and choose how you want to get paid — via PayPal, direct deposit, check or gift card.

Whistle will then send you everything you need to ship your device to them — no printer or packaging required. Once USPS drops your device at Whistle’s doorstep (bonus: it’s fully insured while in transit), you’ll see your payment within 24 hours.

That’s faster than any other website.

Hundreds of people are selling their old tech to Whistle every single day and making money fast. No gimmicks, no hassles, no baits-and-switches. See how much you could get for your old tech now.

Kari Faber is a staff writer at The Penny Hoarder. She still hasn’t gotten around to selling her early 2000s Nokia phone.

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Skip a Payday Loan. How to Borrow up to $4K as Soon as Tomorrow

You need money right now, but you’re all tapped out until your next paycheck. You’re really in a pinch.

Before you take out an expensive payday loan — and get stuck with the insane, outrageous interest rates they’ll gouge you with — there’s another option that may help you out*.

A company called OppLoans offers a more affordable alternative. You can apply to borrow $500 to $4,000**; applying won’t impact your FICO score; and, if approved, you’ll get the money you need as soon as the next business day in most cases. Applying online is easy, and most customers find out if they’re approved same-day***. 

More than 500,000 people have borrowed money through OppLoans. Here’s what you need to know if you’re in a tight spot.

How It Can be Better Than a Payday Loan

This isn’t something you should do if you just want up to an extra $500 to $4,000 on hand. OppLoans’ loan products are often used for unexpected expenses or emergencies — like car repairs or medical bills.

So, how exactly are they different from a typical payday or storefront loan?

First off, you pay half the interest rate.

The payday loan industry jacks up its interest rates as high as 400% — or even higher in some cases. It’s easy to get caught up in a cycle of relying on these expensive loans.

OppLoans, on the other hand, charges interest rates from 59% to 199% and caps out at 160% in most states. That’s still not the cheapest way to borrow money, but if shaky credit is preventing you from getting a standard personal loan or a credit card, this may be a smarter option than a payday loan.

Second, you get more time to pay them back. With a payday loan, you typically have to pay the money back within two weeks. But OppLoans offers loan terms up to 24 months, meaning lower payments and more time to pay the money back. And, if you make your payments on time, every loan payment always includes paying down your principal.

Finally, a loan through OppLoans will build credit history. It will report your loan payments to all three major credit bureaus (unless you live in Texas), which may help improve your credit score, if you make your payments on time.

Do You Qualify? Secure a Loan Without Leaving Your Home

If you’re in a jam and need money fast, then you’re obviously not in the mood to jump through a bunch of hoops, fill out a million forms or wait in a long line just to see if this will work out.

With OppLoans, it takes minutes to see if you qualify*.

You’ll enter some basic information — your address, phone number, employer, income and bank account info.

Remember: Applying won’t hurt your FICO score. If you’re approved, you can expect to see your loan money direct-deposited into your bank account as soon as the following business day. 

So, if you’re in a bind and need money fast, OppLoans could be a smart alternative to a payday loan.

*Applications submitted through the OppLoans website may be originated by one of several lenders, including: Opportunity Financial LLC, a licensed lender in certain states; or one of OppLoans’ lending partners. All loans originated by a lending partner will be serviced by OppLoans. 

**According to the Consumer Federation America, a non-profit consumer advocacy group, payday loans range in size from $100 to $1,000, depending on state legal maximums, and carry an average annual percentage rate (APR) of 400%. The maximum APR for a loan offered through and serviced by OppLoans is 199% and loan sizes range from $500 to $5,000.

***Subject to credit approval and verification. Actual approved loan amount and terms are dependent on standard underwriting guidelines and credit policies.

Mike Brassfield ([email protected]) is a senior writer at The Penny Hoarder.

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Traditional Checking Accounts Pay Out Nothing. This Surprising Option Pays 9x the Average

A lot has happened this year, including the fact that interest rates have bottomed out at near zero.

And they’re likely to remain at historic lows for years as the economy fights its way back from the coronavirus pandemic, according to the Federal Reserve. What’s that mean for you? Let’s take the good with the bad.

Thumbs up: It’ll be cheaper to borrow money for your next car, house or major purchase, whether that’s a bathroom renovation or a Jet Ski.

Thumbs down: Your bank is probably paying you virtually no interest. We’re talking pennies. As of early October, the national average interest on checking accounts had dropped to a lowly 0.04% APY, per the FDIC.

So what if you want to earn some real interest on the money you’re banking? The problem is, that’s likely not going to happen at a traditional bank.

Instead, it could be time to upgrade to the fee-free Wealthfront Cash Account. It does everything a checking account does — but it’ll pay you nearly nine times the national average, and you can get paid up to two days early when you direct deposit your paycheck.

How to Earn Nearly 9x the National Interest on Your Money

Wealthfront Cash is a new high-interest checking offering from Wealthfront, a popular banking service. It’s been taking off. So far, Wealthfront has paid its clients more than $115 million in interest from the Cash Account.

You can use Wealthfront Cash like a regular checking account. It’s easy to set up direct deposit — and you can even get paid two days early.

You also get a debit card that works at 19,000 fee-free ATMs across the U.S. Additionally, it’s easy to pay your bills and set up automatic payments. You can even link your account to Venmo or PayPal and deposit checks through the Wealthfront Cash app.

Wealthfront won’t charge you any monthly or maintenance fees — or any account fees at all, really. There is no overdraft option, so you don’t have to worry about overdraft fees, either.

Now, is your money really secure with Wealthfront? Oh yeah. It’s actually extra-secure. At a traditional bank, the FDIC insures your holdings up to $250,000. But Wealthfront works with multiple third-party banks that each provide FDIC insurance on deposits. That way, Wealthfront insures your deposits up to $1 million.

Although traditional banks have basically stopped paying customers interest on their money, you don’t have to settle for that. It only takes $1 and a few minutes to open a Wealthfront Cash account.

Mike Brassfield ([email protected]) is a senior writer at The Penny Hoarder. 

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8 Lessons to Take From Millionaires Who Are Really Good With Money

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. Spend $5 to Own a Piece of Amazon, Google or Other Companies

Take a look at the Forbes Richest People list, and you’ll notice almost all the billionaires have one thing in common — they own another company. 

But if you work for a living and don’t happen to have millions of dollars lying around, that can sound totally out of reach.

That’s why a lot of people use the app Stash. It lets you be a part of something that’s normally exclusive to the richest of the rich — buying pieces of other companies for as little as $1.

That’s right — you can invest in pieces of well-known companies, such as Amazon, Google or Apple, for as little as $1.

The best part? When these companies profit, so can you. Some companies even send you a check every quarter for your share of the profits, called dividends. It takes two minutes to sign up, plus Stash will give you a $5 sign-up bonus once you deposit $5 into your investment account.

2. Ask This Company to Help Pay off Your Credit Cards

If you have credit card debt, you know. The anxiety, the interest rates, the fear you’re never going to escape…

Your credit card is getting rich by ripping you off with insane rates, but a website called Credible could help you pay them off tomorrow (up to $100K).

Here’s how it works: Credible will match you with a low-interest loan you can use to pay off every credit card balance you have. The benefit? You’re left with just one bill to pay every month, and because the interest rate is so much lower, you can get out of debt so much faster. Plus, no credit card payment this month.

Credible won’t make you stand in line or call a bank. And if you’re worried you won’t qualify, it’s free to check online.

It takes just two minutes, and it could save you thousands of dollars. Totally worth it.

3. Grow Your Money 9x Faster Than the Average American

Here’s the thing about millionaires: They know how to make their money work for them by stashing it in high-yield accounts or investing it.

The problem is, interest rates at traditional banks are super low these days. But the Wealthfront Cash Account is paying out nine times more than the average checking account. In fact, Wealthfront has paid its clients more than $115 million in interest to date.

You probably recognize the name Wealthfront. It’s a popular investing platform, but now it has the Cash Account. It does everything a checking account does, but it doesn’t come with annoying monthly maintenance fees, ATM fees or even overdraft fees. Heck, when you link up your direct deposits, you can even get paid two days early.

Plus, this account is super secure. At a traditional bank, the FDIC insures your money up to $250,000. But Wealthfront works with multiple banks to insure your deposits up to $1 million.

And don’t forget you’ll get to earn the high interest. Even better: The account minimum is only $1 (so you don’t have to be a millionaire to tap into this perk). It takes just a few minutes to create an account and start making money on your money.

4. They Don’t Waste Hundreds on Homeowner’s Insurance

A neighborhood at sunset.
Getty Images

You’re probably wasting money right now. And it’s probably on something you’d never expect — your homeowners insurance policy.

This isn’t something you actively think about — you just know you’re required to have it.

The problem is, you’re paying too much. Luckily, an insurance company called PolicyGenius makes it easy to find out how much you’re overpaying.

Policygenius’ policies start at just $25/month. And just because you’re saving money doesn’t mean you’re skimping on coverage. Policygenius will make sure you have what you need.

Just answer a few questions about your home to get started.

5. They Cancel Their Car Insurance

If you need to free up some extra room in your budget, one of the easiest places to start is to cut back on your monthly bills — like your current car insurance.

In most places, it’s straight up illegal not to have it, so you’ve probably accepted that you’re going to pay through the nose for it. But you don’t have to.

A free website called Zebra will help you find the best rates — in just two minutes. In fact, it saves people an average of $625/year.

All you have to do is enter basic information about your car and driving history, then Zebra compares prices from more than 100 companies to find you the best price.

Best yet: This is totally free.

If you find a better deal, you can switch right away and don’t have to wait for your next renewal or even your next payment.

6. Get up to $500 in Free Stocks

Imagine if you had bought one share of Amazon for $18 when the stock first went public. Today, it would be worth more than $20,000 — despite all the ups and downs in the stock market.

Here’s the thing about millionaires: They know the sooner you start investing, the better. And we found a company that will give you free stock to get started. 

An investing app called Robinhood will give you up to $500 worth of free stock in companies like Visa, Microsoft and GE, just for downloading its app and opening a free account. 

Robinhood is free and easy to navigate, which is why more than 10 million people use it — including both news junkies looking to outsmart the market and people who want to carefully put a few bucks away in a long-term investment.

It takes just a couple of minutes to sign up and get your free stock — you may even just get a share of the “next Amazon.”

7. Add $225 to Your Bank Account Every Month

Here’s the thing about millionaires: they never pass up an extra paycheck.

What if we told you a research company would pay you to watch videos on your phone?

It’s too good to be true, right? 

But we’re serious. Swagbucks will pay you to watch short video clips online. One minute you might watch someone bake brownies and the next you might get the latest updates on Kardashian drama.

All you have to do is choose which videos you want to watch and answer a few quick questions about them afterward. 

Swagbucks won’t make you rich, but it’s possible to earn up to $225 per month watching these videos. That’s money you can store in your savings account or start investing. 

It’s already paid its users more than $438 million.It takes about one minute to sign up, and you’ll immediately get a $5 bonus to get you started.

8. They Buy an Apartment Building

Two woman sitting next to each other in an office-type setting, and they go over material on a cell phone and laptop.

The stock market can be a scary place. Stock prices shoot up and down like a roller coaster ride, and who knows when the whole thing might crash?

It would be nice to diversify and invest some of your money in real estate, but don’t you have to be wealthy to do that?

Now you can invest like the 1% does, and all you need to get started is $500. A company called DiversyFund will invest your money in commercial real estate — specifically, in apartment complexes that it owns — and you only need $500.

Real estate can potentially earn you more money than the stock market. Over the long term, investing in the stock market will earn you an average annual return of 7%, adjusted for inflation, according to a number of studies. DiversyFund can’t guarantee how its investments will perform in the future — no one can — but historically, it has earned an annual return of 17% to 18%.

So you don’t need a fortune to invest in real estate. All you need to get started is $500.

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6 Monthly Bills That Almost All of Us Overpay

You’ve done what you can to cut back your spending.

You brew coffee at home, you don’t walk into Target and you refuse to order avocado toast. (Can you sense my millennial sarcasm there?)

But no matter how cognizant you are of your spending habits, you’re still stuck with those inescapable monthly bills. You know which ones I’m talking about: rent, utilities, cell phone bill, insurance, groceries…

Although we can’t swipe these off the table for you, we can stop you from OVERPAYING them…

1. Credit Cards: Get Rid of up to $100,000

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. But a website called Fiona wants to help.

If your credit score is at least 620, Fiona can help you borrow up to $100,000 (no collateral needed) with fixed rates starting at 4.99% and terms from 24 to 84 months.

The benefit? You’ll be left with one bill to pay each month. And because personal loans have lower interest rates, you’ll get out of debt that much faster. Plus: No credit card payment this month.

Fiona won’t make you stand in line or call your bank, either. And if you’re worried you won’t qualify, it’s free to check online. It takes just two minutes, and it could help you pay off your debt years faster.

2. Life Insurance: Take Back $100s

Have you thought about how your family would manage without your income after you’re gone? How they’ll pay the bills? Send the kids through school? Now’s a good time to start planning for the future by looking into a term life insurance policy.

You’re probably thinking: I don’t have the time or money for that. But your application can take minutes — and you could leave your family up to $1 million with a company called Bestow.

Rates start at just $5 a month. The peace of mind knowing your family is taken care of is priceless.

If you’re under the age of 54 and want to get a fast life insurance quote without a medical exam or even getting up from the couch, get a free quote from Bestow.

3. Car Insurance: Cut Your Bill By $826 (With The Same Coverage)

When was the last time you shopped around for car insurance? Was it more than six months ago?

If so, you’re probably overpaying — by hundreds of dollars. Yep. Experts say you should compare rates twice a year to get the best deal.

Twice a year? Yeah, we don’t want to do that either.

A service called Savvy does all the shopping for you to find cheaper insurance — with the same coverage and deductibles you already have. And it saves customers an average of $826 a year.

You don’t have to fill out any forms. Just link your existing insurance account and enter your driver’s license, and it will start looking for cheaper coverage.

Plus, after you sign up, Savvy will keep looking for savings. No more shopping.

4. Cell Phone: Cut Your Bill to $5/Month

How long have you been with your cell phone company? Probably a while, right? Which means you’re probably paying way too much. 

But we found a discount wireless company called Tello that offers plans starting at just $5 a month. How much are you paying now? Exactly. Imagine cutting that to just $5. 

Tello operates on Sprint’s nationwide network, offering 4G LTE data everywhere Sprint does. It lets you choose a wireless plan based on how many minutes and how much data you want, and you can even use Tello’s coverage tool to see how strong its network is where you live.

You can bring your own phone (Tello works with any Sprint-compatible phone), or buy a new one through them. Even better — there are no early termination or activation fees, no contracts or phone-exclusive plans, no tricks of any kind. 

If you decide you don’t like it, you can always just change your mind. See how much you could save here.

5. Homeowners Insurance: You Might Be Wasting Hundreds of Dollars

You’re probably wasting money right now. And it’s probably on something you’d never expect — your homeowners insurance policy.

This isn’t something you actively think about — you just know you’re required to have it. 

The problem is, you’re paying too much. Luckily, an insurance company called Policygenius makes it easy to find out how much you’re overpaying. It finds you cheaper policies and special discounts in minutes. 

In fact, it saves users an average of $690 a year — or $57.50 a month. It’ll even help you break up with your old insurance company. (You’re allowed to cancel your policy at any time, and your company should issue you a refund.)

Just answer a few questions about your home to see how much money you’re wasting.

6. Bank Account: Quit Giving Them $100 Every Year

These days, the big traditional banks that dominate the banking industry are making a surprising amount of their profits from the aggressive fees they’re charging you.

Nowadays, the average American pays nearly $100 a year in fees, according to data from the Consumer Financial Protection Bureau.

That’s why a lot of Penny Hoarders have switched to Aspiration.

It charges no overdraft fees, and there’s no minimum-balance requirement. Also, it gives you up to 10% cash back when you swipe and pays out higher interest rates on your savings.

Enter your email address here and link your bank account to see how much extra cash you can get with a free Aspiration account. Don’t worry. Your money is FDIC insured and under a military-grade encryption. That’s just nerd talk for “this is totally safe.”

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If You Have More Than $1,000 in Your Checking Account, Make These 6 Moves

You’ve done it. You’ve built up a little cushion in your bank account — $1,000! It feels good, right? Those days of checking your account balance in a panic are behind you.

Congrats! You’re on the right path. Now it’s time to think about some longer-term goals. What do you want to accomplish next with your money? Do you need to save more? Do you want to buy a home someday? Invest?

What’s the next step you should take? What are some specific things you can do to take your finances to the next level?

We’ve got some ideas for you:

1. Spend $5 to Own a Piece of Amazon, Google or Other Companies

Take a look at the Forbes Richest People list, and you’ll notice almost all the billionaires have one thing in common — they own another company.

But if you work for a living and don’t happen to have millions of dollars lying around, that can sound totally out of reach.

That’s why a lot of people use the app Stash. It lets you be a part of something that’s normally exclusive to the richest of the rich — buying pieces of other companies for as little as $1.*

That’s right — you can invest in pieces of well-known companies, such as Amazon, Google or Apple, for as little as $1. The best part? When these companies profit, so can you. Some companies even send you a check every quarter for your share of the profits, called dividends.

It takes two minutes to sign up, plus Stash will give you a $5 sign-up bonus once you deposit $5 into your account.**

2. Leave Your Family $1M

Oh, to be a millionaire. Look, not all of us have the money to set up trust funds for our loved ones. But you could still leave them up to a $1 million in life insurance — and you don’t even need to have the money in the bank.

You’re probably thinking: I don’t have the time or money for that. But this take minutes — and you could leave your family up to $1 million with a company called Bestow.

We hear people are paying as little as $8 a month. (But every year you wait, this gets more expensive.)

It takes just minutes to get a free quote and see how much life insurance you can leave your loved ones — even if you don’t have seven figures in your bank account.

3. Cancel Your Car Insurance

If you need to free up some extra room in your budget, one of the easiest places to start is to cut back on your monthly bills — like your current car insurance.

In most places, it’s straight up illegal not to have it, so you’ve probably accepted that you’re going to pay through the nose for it. But you don’t have to.

A free website called Savvy will help you find the best rates — in just 30 seconds. In fact, it saves people an average of $826/year.

All you have to do is connect your current insurance, then Savvy will search hundreds of insurers for a better price on the same coverage. It’ll even help you cancel your old policy and get you a refund from your current insurer. Best yet: This is totally free.

If you find a better deal, you can switch right away and don’t have to wait for your next renewal or even your next payment.

4. Ask This Company to Help Pay Off Your Credit Cards 

You’ve finally got some money in the bank, but do you still have some lingering debt? We found a company that will pay your credit card bill this month. No, like… the whole bill.

Your credit card is getting rich by ripping you off with insane rates, but a website called Fiona wants to help.

If you owe your credit card companies $100,000 or less, Fiona 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, you’ll get out of debt that much faster. Plus: No credit card payment this month.

Fiona won’t make you stand in line or call your bank, either. And if you’re worried you won’t qualify, it’s free to check online. It takes just two minutes, and it could help you pay off your debt years faster.

5. Take Money Out of Your Checking Account

a woman logs into her bank account on her cell phone.
Tina Russell/The Penny Hoarder

Here’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. How much does your current bank offer you?

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? Do yourself a favor and deposit $100 into an Aspiration account today so you can start taking advantage.

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.”

6. Buy an Apartment Building (Even If You’re Not Rich)

This year has been a rollercoaster. Historically, though, real-estate investing offers the best long-term returns. (Does the name Rockefeller ring a bell?)

That’s why we like investing with pros like DiversyFund. They’ll help you make long-term investments in apartments and office buildings all over the country  — and you don’t have to be a millionaire. You can get started with only $500.

You can see exactly which properties are included in your portfolios — like a 200-unit apartment complex in Killeen, Texas or a 59-unit building in San Diego. And you don’t have to be the landlord — DiversyFund does all the heavy lifting.

Because they know how to ride out the market’s ups and downs, they’ve historically seen annual returns of 17% to 18%, though they can’t make any promises.

As a partial owner, you make money on rent payments and when property values go up. It takes just a few minutes to sign up and own your first apartment building.

*The Penny Hoarder is a Paid Affiliate/partner of Stash. This material is not intended as investment advice and is not meant to suggest that any securities are suitable investments for any particular investor. Investment advice is only provided to Stash customers.

**You’ll also bear the standard fees and expenses reflected in the pricing of the ETFs in your account, plus fees for various ancillary services charged by Stash.