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This Savings App Gives You Free Chances to Win $10 Million Every Week. Here’s How to Get Your Share

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Here’s the dirty truth — putting money in a regular savings account will do nothing for Future You. Yep, we said it. 

The problem is that you still need a savings account for your emergency fund or vacation fund. What is that 0.05% average APY going to do for you? Nothing. Nothing!

But a savings app called Yotta makes keeping your savings account worthwhile. Not only will it pay you at least 0.20% APY on your savings (way higher than the national average), but you’ll earn tickets that can win you up to $10 million every single week. 

All you have to do is keep money in your account and you could be a millionaire by next week. 

Earn Double the National Interest Rate and Win a Tesla (or Cold Hard Cash)

When you sign up for a free Yotta account, you’ll get one ticket for every $25 in savings. The more you have saved, the more tickets you get, and the better your chances of winning $5,000, $10,000, a Tesla or $10 million every single week. 

Here’s how it works: For each ticket you have, you choose seven numbers. And every evening, Yotta displays a winning number. The more numbers you have matched by the end of the week, the more money you win. Easy!

And not only are you getting the chance to win cash, you’ll also continue to earn interest on your money at a rate that’s over twice the national average. That’s a pretty sweet deal. 

You can earn more tickets by referring friends, setting up direct deposit or using a Yotta Mastercard debit or credit card. 

And when you sign up for the free debit card, you’ll not only earn 10% in bonus tickets on your spending, but you’ll also have up to a one in 100 chance to get your purchase for free every time you swipe. In addition, you’ll also get 1,000 bonus tickets into the next weekly contest if you spend $2,000 in four months with the card.

Yotta also offers a free credit card with no interest, fees or credit check required. 

How to Get More Money — And Get Better at Managing It

While Yotta’s main perk is the chance to win $10 million or a fancy electric car, it will also help you manage your money better. Within the app, you can organize your funds into buckets to help you budget and even lock some of those buckets so you don’t accidentally overspend. 

Ready to win $10 million? Take two minutes to sign up for your free Yotta account and connect your bank account via Plaid. You’ll have to enter your Social Security number, but don’t worry — the app uses military-grade protection and is FDIC insured. 

Start saving and earning tickets now and you could be rolling in the dough by next week. 

Kari Faber is a staff writer at The Penny Hoarder.

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4 Things You Can Spend Money on That Will Actually Make You Richer

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Saving money is great, but it won’t make you rich.

No matter how many dollars you put into a savings account, the national average .05% interest you’d earn won’t expedite your millionaire status.

And cutting your costs can only go so far, explains Certified Financial Planner Robin Hartill (who is also an editor and financial advice columnist here at The Penny Hoarder).

It can definitely help with your short term goals, she says, but if you want to be truly richer, sometimes you need to spend money to make money. By diverting some of your cash into these assets, you’ll be on a faster path to your financial goals.

1. Use This Secret Debit Card

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 right now?

Yep. When you sign up for a debit card called Aspiration , you could get up to 5% back when you swipe at certain stores — plus they give you up to 50 times the normal national interest rate on your savings balance.

It’s perfect for earning extra cash for things that are already on your shopping list. You were going to buy these things anyway — why not get this extra money in the process?

This card used to have a huge waiting list, but now you can sign up for free.

Just 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.”

2. Invest in Famous Art (Even if You’re Not a Millionaire)

Here’s the deal: If you’re not investing in contemporary art, you might be missing out on an asset whose prices have historically outpaced the S&P by 164% from 1995 – 2020. (FYI, the S&P tracks 500 of the largest companies in the stock market) 

You’re probably thinking you need at least a few more zeros in your checking account before you can even start thinking about that, right?

But a company called Masterworks lets normal people like us invest in multimillion-dollar paintings — something normally only available to the super rich. 

But you don’t need hundreds of thousands of dollars to buy a masterpiece outright; with Masterworks, you can invest in multimillion dollar paintings.

It takes less than a minute to sign up for a free account .

Investing in contemporary art is a long-term strategy, so patience pays off here — literally. But once your piece of art sells, you get your share of the potential profits.

3. Download This App to Get Up to $500 in Free Stock

If you feel like you don’t have enough money to start investing, you’re not alone. But guess what? You really don’t need that much — and you can even get free stocks (worth up to $500!) if you know where to look.

Whether you’ve got $5, $100 or $800 to spare, you can start investing with Robinhood .

Yeah, you’ve probably heard of Robinhood. Both investing beginners and pros love it because it doesn’t charge commission fees, and you can buy and sell stocks for free — no limits. Plus, it’s super easy to use.

What’s best? When you download the app and fund your account (it takes no more than a few minutes), Robinhood drops a share of free stock into your account. It’s random, though, so that stock could be worth anywhere from $5 to $500 — a nice boost to help you build your investments.

4. Protect Your Family For as Little as $10/Month 

Have you thought about what would happen to your family after you die? How will they pay the mortgage? Send the kids to school? 

We know; it’s not fun to think about. But getting a life insurance policy is one of the most important things you can do if you have people who depend on you.

A company called Insure.com can help you get a policy for as little as $10 a month — and in just two minutes. 

Maybe you’ve considered it before, but it felt like an expensive hassle — or like something you only need to do when you’re older. But the truth is, even if you’re young and healthy, it’s often smart to lock in a cheaper policy now. Rates tend to go up as you age.

Insure.com will show you quotes from different companies so you can compare and find the right policy for you. You never have to leave the house or take a medical exam. You don’t even have to speak to a human if you don’t want to.

Take two minutes to answer a few quick questions to make sure you protect the ones you love.

Kari Faber is a staff writer at The Penny Hoarder.

The Aspiration Spend & Save Accounts are cash management accounts offered through Aspiration Financial, LLC, a registered broker-dealer, Member FINRA/SIPC, and a subsidiary of Aspiration Partners, Inc. (“Aspiration”). Aspiration is not a bank.

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‘Forget You’ Money — Here’s Exactly How Much Money You Need to Quit Your Job For Good

Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. Learn more about how we make money and select our advertising partners.

Listen, not everyone has a job they love. And that’s totally OK — there’s more to life than your job, and not everyone has plans to ascend the corporate ladder until they’re 70. 

Sometimes, you just want to make enough to retire early and never have to work again. That kind of money has a name. To put it politely: “Forget You!” Money.

It’s the amount of money you need in the bank to be able to say, “Forget you!” to your boss and retire comfortably — and it’s not nearly as far away as you think it is. 

Here’s how to calculate your “Forget You!” Money number: Take your yearly expenses and multiply them by 25. That’s how much money you’ll need to have in your savings to be able to retire and withdraw 4% each year to live on. 

For example, if $100,000 would cover all of your expenses for a year, you’ll need $2.5 million. Only need $50,000 to cover your bills and adventures each year? Plan on saving $1.25M. 

If you don’t have seven figures in your accounts just yet, don’t panic. Everyone has to start somewhere! Here’s how to kickstart your “Forget You!” Money fund. 

1. Fund Your Retirement with Amazon, Google and Netflix 

Saving for retirement is smart. Having your company contribute to your 401(k) is helpful. But having an ownership interest in a Fortune 500 company that you don’t even work for help get you to your retirement goal? That’s awesome. 

And it’s surprisingly easy to make happen, with an app called Stash .1 It lets you own pieces of well-known companies, like Amazon, Apple, Google and more for $5 or less.

Seriously — with only a few dollars, you can invest in thousands of stocks and ETFs, which can help you grow your investing portfolio and reach your retirement goals. The best part? Some companies may even send you a check every quarter for your share of profits, called dividends. If these companies profit, so can you. 

It takes two minutes to sign up , and your investments are protected. With Stash, investments are held by their custodian, Apex Clearing Corporation, a member of the Securities Investor Protection Corporation (SIPC) — that’s industry talk for, “Your money comes with protection.”2

Plus, when you use the link above, Stash will give you a $5 bonus once you deposit $5 into your account.3

2. Let This Finance App Surprise You with up to $1,250 

If you’re like a lot of us, you just never get around to saving money. Hey, we know what that’s like. After all, roughly 45%1 of Americans haven’t really gotten around to saving any money. It’s just a fact of life.

So how can you save money, really? 

The online finance app Chime offers automatic savings features that help you tuck away money without even thinking about it. We interviewed Samuel Demeny, who regularly uses his Chime Savings account. According to him, in just nine months, he saved up $1,250 — without even thinking about it.

Chime has two automated savings options: One feature rounds up your purchases and saves the change every time you spend, and the other lets you save a percentage of your check2 every time you get paid. (Both features require you to sign up for a Chime Spending Account first, but it’s quick and easy to do.*)

The money adds up quickly, and it’s completely automatic.

It takes just five minutes to open an account and see how much you could save. 

3. Let This App Pay You up to $83 When You Win Solitaire Games

Lots of us already play Solitaire on our phones for fun or just to pass the time. Want to see if you can win money at it?

There’s a free iPhone app called Solitaire Cash that lets you play for real money. You could get paid up to $83 per win.

You might be thinking: There’s got to be a catch. This is definitely one of those spammy apps, right?

Wrong. There really isn’t a catch. Sure, you can pay to play in some higher-stakes tournaments, but there’s no pressure. And, in fact, there aren’t even any annoying ads.

With each game, you’ll battle it out against at least five other players. Everyone gets the same deck, so winning is totally a matter of skill. The top three players who solve the deck fastest can win real money — anywhere from $1 to $83.

Over on the App Store, it has over a million downloads and more than 15,000 ratings, averaging 4.7 stars (out of 5).

To get started, just download the free app and start playing your first game immediately.

4. Cancel Your Debt 

If you’re drowning in debt, you’re probably feeling trapped. Helpless. Like the more payments you make, the further you get from paying it all off and finally retiring.

Here’s the thing: Your lenders are ripping you off with insane interest rates. What if you could just… cancel some of your debt? 

A company called Accredited Debt Relief can help you do just that. They’ll talk to your lenders directly to convince them to cancel your debt — by as much as half.

It’s free to talk with their experts and come up with the best strategy for you. Then, they’ll get to work to see just how much of your debt they can cancel — 140,000 people are already doing this.

If you owe more than $15,000, Accredited Debt Relief can help you get out of debt much faster. Get started here to see how much of your debt you can cancel

5. Cancel Your Car Insurance

Here’s the thing: your current car insurance company is probably overcharging you. But don’t waste your time hopping around to different insurance companies looking for a better deal. 

Use a website called EverQuote to see all your options at once. 

EverQuote is the largest online marketplace for insurance in the US, so you’ll get the top options from more than 175 different carriers handed right to you. 

Take a couple of minutes to answer some questions about yourself and your driving record. With this information, EverQuote will be able to give you the top recommendations for car insurance. In just a few minutes, you could save up to $610 a year.

Kari Faber is a staff writer at The Penny Hoarder.

1For retirement, Stash offers access to traditional or Roth IRAs.

2To note, SIPC coverage does not insure against the potential loss of market value. Apex Clearing Corporation is a third-party SEC-registered broker-dealer and member FINRA/SIPC

Remember, not all stocks pay out dividends. And there’s no guarantee any stock will pay dividends in a quarter or year. Dividends may be subject to additional taxes, and are considered taxable income. Please refer to the IRS for additional information.

Investing minimums for fractional shares start at $0.01 for a Personal Portfolio

3Offer is subject to Terms and Conditions. To be eligible to participate in this Promotion and receive the Bonus, you must complete the following steps: (i) successfully complete the designated registration process of opening an individual taxable brokerage account (“a Personal Portfolio”), (ii) link a funding account (e.g. an external bank account) to your Personal Portfolio, AND (iii) initiate and complete a minimum deposit of at least five dollars ($5.00) into your Personal Portfolio. In the event you only complete the designated registration process to receive the Financial Counseling Service (as defined in your Advisory Agreement) or do not otherwise complete the account opening process for an individual taxable brokerage account (“Personal Portfolio”), you will not be eligible to receive the Bonus.

The Penny Hoarder is a paid solicitor of Stash. 

This information is for educational purposes only. 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. All investments are subject to risk and may lose value. All product and company names are trademarks ™ or registered ® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

*Chime is a financial technology company, not a bank. Banking services provided by, and debit card issued by, The Bancorp Bank or Stride Bank, N.A.; Members FDIC.

1According to a GOBankingRates savings survey

2Round Ups automatically round up debit card purchases to the nearest dollar and transfers the round up from your Chime Spending Account to into your savings account. Save When I Get Paid automatically transfers 10% of your direct deposits of $500 or more into your savings account.

Accredited Debt Relief doesn’t directly service the following states: DE, , HI, KS, ME, ND, NH, NJ, OR, RI, VT, WA, and WY.

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Let This Website Help You Find a Loan for $1K to $50K — You Could Get Your Funds in as Little as a Day

Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. Learn more about how we make money and select our advertising partners.

Lots of Americans need access to affordable credit. We need it to consolidate debt, pay off credit cards, pay medical bills and more.

So why is it so hard to get a decent interest rate on a loan? 

Because so much of the approval decision is based on a credit score, which really only tells part of the story. 

That’s why online lending platform Upstart uses artificial intelligence to approve more people for loans — with up to 10% lower interest rates compared to traditional models* 

Upstart makes it possible for people to get loans between $1,000 to $50,000 in as fast as 1 business day. And it only takes five minutes to check your rate. 

Machine Learning Improves Credit Access 

Whether you have bad credit or no credit (yes, none!) you may be eligible for a loan through Upstart.

Some banks and lenders require at least a good credit score to give people a loan, but there are so many factors that can give someone a bad score, which has nothing to do with that person’s risk. 

Upstart’s proprietary machine learning technology automatically takes into account a number of different factors that determine your creditworthiness. Their model makes it possible for more people to get access to credit when they need it — in fact,their model offers 26% more approvals than traditional models* 

And they do it for 10% lower interest rates compared to traditional models*. So not only are personal loans available to more people, they’re more affordable for them, too. Interest rates for Upstart’s loans are between 5.22%% and 35.99%, with terms of three or five years1. 

Check Your Rate in Minutes

Billion of dollars of loans have been originated through Upstart2, helping 1.8 million3 customers get a smarter personal loan. 

Checking your rate for a personal loan from Upstart takes less than five minutes. It’s totally free to check your rate , plus checking your rate won’t affect your credit score.

If you need a loan to consolidate your debt, pay bills, pay off credit cards or something else, you can get loans between $1,000 to $50,000 in as fast as 1 business day through Upstart. 

Kari Faber is a staff writer at The Penny Hoarder.

Your loan amount will be determined based on your credit, income, and certain other information provided in your loan application. Not all applicants will qualify for the full amount. Minimum loan amounts vary by state: GA ($3,100), HI ($2,100), MA ($7,000), NM ($5,100), OH ($6,000).

When you check your rate, we check your credit report. This initial (soft) inquiry will not affect your credit score. If you accept your rate and proceed with your application, we do another (hard) credit inquiry that will impact your credit score. If you take out a loan, repayment information will be reported to the credit bureaus.

If you accept your loan by 5pm EST (not including weekends or holidays), you will receive your funds the next business day. Loans used to fund education related expenses are subject to a 3 business day wait period between loan acceptance and funding in accordance with federal law.

Lots of Americans need access to affordable credit. We need it to consolidate debt, pay off credit cards, pay medical bills and more.

So why is it so hard to get a decent interest rate on a loan? 

Because so much of the approval decision is based on a credit score, which really only tells part of the story. 

That’s why online lending platform Upstart uses artificial intelligence to approve more people for loans — with up to 10% lower interest rates compared to traditional models* 

Upstart makes it possible for people to get loans between $1,000 to $50,000 in as fast as one business day. And it only takes five minutes to check your rate. 

Machine Learning Improves Credit Access 

Whether you have bad credit or no credit (yes, none!) you may be eligible for a loan through Upstart.

Some banks and lenders require at least a good credit score to give people a loan, but there are so many factors that can give someone a bad score, which has nothing to do with that person’s risk. 

Upstart’s proprietary machine learning technology automatically takes into account a number of different factors that determine your creditworthiness. Their model makes it possible for more people to get access to credit when they need it — in fact,their model offers 26% more approvals than traditional models* 

And they do it for 10% lower interest rates compared to traditional models*. So not only are personal loans available to more people, they’re more affordable for them, too. Interest rates for Upstart’s loans are between 5.22%% and 35.99%, with terms of three or five years1

Check Your Rate in Minutes

Billion of dollars of loans have been originated through Upstart2, helping 1.8 million3 customers get a smarter personal loan. 

Checking your rate for a personal loan from Upstart takes less than five minutes. It’s totally free to check your rate , plus checking your rate won’t affect your credit score.

If you need a loan to consolidate your debt, pay bills, pay off credit cards or something else, you can get loans between $1,000 to $50,000 in as fast as one business day through Upstart. 

Kari Faber is a staff writer at The Penny Hoarder.

Your loan amount will be determined based on your credit, income, and certain other information provided in your loan application. Not all applicants will qualify for the full amount. Minimum loan amounts vary by state: GA ($3,100), HI ($2,100), MA ($7,000), NM ($5,100), OH ($6,000).

When you check your rate, we check your credit report. This initial (soft) inquiry will not affect your credit score. If you accept your rate and proceed with your application, we do another (hard) credit inquiry that will impact your credit score. If you take out a loan, repayment information will be reported to the credit bureaus.

If you accept your loan by 5pm EST (not including weekends or holidays), you will receive your funds the next business day. Loans used to fund education related expenses are subject to a 3 business day wait period between loan acceptance and funding in accordance with federal law.

1The full range of available rates varies by state. The average 5-year loan offered across all lenders using the Upstart platform will have an APR of 24.95% and 60 monthly payments of $26.34 per $1,000 borrowed. For example, the total cost of a $10,000 loan would be $15,807 including a $653 origination fee.  APR is calculated based on 5-year rates offered in the last 1 month. There is no down payment and no prepayment penalty. Your APR will be determined based on your credit, income, and certain other information provided in your loan application. Not all applicants will be approved.

220.8 Billion originated as of 12/31/21

2As of 12/31/21

*Approval numbers compare the 2020 loan approval rate by the Upstart model and a hypothetical traditional credit decision model. The APR calculation compares the two models based on the average APR offered to borrowers up to the same approval rate. The hypothetical traditional model used in Upstart’s analyses was developed in connection with the CFPB No Action Letter access-to-credit testing program, is trained on Upstart platform data, uses logistic regression and considers traditional application and credit file variables.

220.8 Billion originated as of 12/31/21

3As of 12/31/21

*Approval numbers compare the 2020 loan approval rate by the Upstart model and a hypothetical traditional credit decision model. The APR calculation compares the two models based on the average APR offered to borrowers up to the same approval rate. The hypothetical traditional model used in Upstart’s analyses was developed in connection with the CFPB No Action Letter access-to-credit testing program, is trained on Upstart platform data, uses logistic regression and considers traditional application and credit file variables.

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If You Own a Small Business, This No-Fee Banking Platform Is the Easiest Way to Organize (and Scale) Your Finances

Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. Learn more about how we make money and select our advertising partners.

You own your own business — congrats! Whether you have an LLC or are ready to hire your 100th employee, you’re living the American Dream.

Getting to this point has taken a lot of work, and it doesn’t exactly leave you with a lot of free time. Keeping your finances in order can be one of the most time-consuming parts of owning a business.

That’s why we like Relay . It’s a free business banking platform that organizes your financial accounts, makes managing your team easier and is an accountant’s dream.

Grow Your Business With This Fee-Free Tool

Relay Financial is a free online banking platform that can not only help you better understand your cash flow, expenses and vendor payments, but it can also help you maximize your profits.

Here’s how Relay works: When you open a free account , you’ll have access to multiple checking accounts — your main income account, then separate accounts for things like payroll or expenses. Other banking platforms just create sub accounts with the same routing numbers, but Relay gives you unique account and routing numbers — up to 20 for you to use as needed.

Do you have team members who need access to the books? Choose who gets access and how much with multiple logins available. Plus, you can give out up to 50 Mastercard® debit cards to team members and easily see who spends how much and where. Set a limit for the person grabbing coffee and bagels or give your VP of Sales free reign for client outings. It’s all customizable (and yes, still free).

Relay’s powerful money management platform helps you stay on top of your finances, and easily layers on top of your existing bank to seamlessly integrate without all the fuss of changing banks.

Small Businesses Thrive With a Free Relay Account

The free platform easily integrates with account software like QuickBooks Online or Xero and allows you to give access to your bookkeeper or accountant. And there’s no need to set up rules to sort incoming transfers — Relay automatically categorizes the data. Like we said, it’s an accountant’s dream.

Relay gives small businesses the ability to run like a big company with an entire finance team — but without the added expense. Plus there are no account minimums, overdraft fees or withdrawal fees at any Allpoint ATM.

It takes about 10 minutes to apply for a free account, and most companies are approved automatically or within 72 hours. Are you ready to take your business to the next level?

Get started here.

Kari Faber is a staff writer at The Penny Hoarder. 

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This Move Could Cut Your Car Payments By Hundreds a Year

Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. Learn more about how we make money and select our advertising partners.

You know you can refinance your house to save money on your monthly mortgage payment — but a surprising amount of people don’t realize you can refinance your car, too.

It’s not a money-saving tactic people talk a lot about, but it could save you a ton of money. A website called Upstart is helping people save an average of $1,025 a year on their car payments. That’s about $4,800 back in their pockets over the lifetime of their loan.

Could you use nearly $5,000 back in your bank account? It takes less than six minutes to check your rate.

How You Could Knock Your Car Payment Down

Upstart is an online lending platform that makes it easier than ever to refinance your auto loan. It comes with no origination fees and has a minimum FICO score of only 510, plus its machine learning system is helping more people take advantage of refinancing.

Humans are inherently biased, and credit scores only tell part of someone’s story. But Upstart’s artificial intelligence assesses true risk from a number of factors to approve more applicants than other lending models.

Most of Upstart’s auto refinance loans are fully automated, too, with flexible requirements and even their own proprietary underwriting software. And with an APR range of 2.20% to 29.99%,1 Upstart has helped its customers save millions of dollars on their car payments.2

How to Get Started

Upstart approves more people for auto refinance loans, with rates an average of 10% lower than other lenders. They’ve saved people more than $20 million on their car loans in the past year alone.

Getting started is easy. It takes just minutes to check your rate. You don’t even need to enter your car’s VIN. Plus, there are no spammy phone calls.

If you have a car payment, check out your rate and see how much money you could save on your car loan.

Kari Faber is a staff writer at The Penny Hoarder

1 The full range of available rates varies by state. The average 5-year loan offered on Upstart will have an APR of 9.91% and 60 monthly payments of $426 per $20,000 borrowed. For example, the total cost of a $20,000 loan would be $25,540. APR is calculated based on 5-year rates offered in the last 1 month. There is no downpayment and no prepayment penalty. Your APR will be determined based on your credit, income, and certain other information provided in your loan application. Not all applicants will be approved.

2 This information is estimated based on all consumers who were approved for an auto loan through Upstart and accepted their final terms. As of 1/1/2022 the savings for all borrowers amount to $28.2 million. To evaluate savings on a loan you are considering refinancing, it is important to compare your APR and remaining term from your existing automotive loan to the APR and term offered through Upstart

Car refinance loans not available in IA, MD, NV, or WV. Car refinance loans in IL and MO are originated by Cross River Bank or Midwest BankCentre. Car refinance loans in CO, KS, and TX are originated by Cross River Bank or Rising Bank, Member FDIC. Car refinance loans in FL, GA, and AL are originated by Cross River Bank or Drummond Bank, Member FDIC. All other car refinance loans are originated by Cross River Bank, Member FDIC.