Did you know there's over 24 million millionaires in America right now?
Even in this economy, plenty of people have figured out how to build real wealth over time. And the great news is that it's not rocket science either; anyone can improve their finances if they know the right money moves to make.
That's why we're covering some of the most damaging financial red flags that keep people from becoming rich (and sharing what to do instead!) 😉
🚩1. You're Not Beating Inflation With Your Money
Have you been to the grocery store these days? Or how about the gas station?
The cost of goods is up everywhere. So, if your money isn't beating inflation right now, you're actually losing wealth and purchasing power every single year.
This is where two amazing (and free) banking products can help you out:
👉 SuperMoney: Find the top checking account offers and cash bonuses going on right now!
👉 Current: Get a juicy $50 bonus and earn 4% APY on up to $6,000 in savings.
This double-whammy lets you earn free cash back on your everyday spending through Discover. And you can then park your extra cash in Current to earn 4% APY so inflation doesn't devour your savings.
🚩2. High-Interest Debt Is Killing Your Bank Account
If you have more than $10,000 in debt like credit card debt, personal loans, or medical bills, you might be able to get fast debt relief.
That's because TurboDebt is helping everyday people finally crush their debt. You can get started by working with one of their debt specialists to come up with a plan that works for you.
TurboDebt resolves your painful high-interest debt into a single payment with a lower interest rate. In the long run, this is how you save thousands of dollars on just interest payments alone.
The best part? There's absolutely zero fees until your debt is resolved. And you can focus on tackling one lower monthly payment instead of several.
Getting started is free and only takes a few questions. So, take a minute to see if you qualify and put an end to your debt today!
GET STARTED →🚩3. You Don't Have A Budget That Actually Works
We've all been there…your paycheck arrives, you pay off your bills, and when you check your bank balance there's almost nothing left to show for all your hard work.
This is why having a household budget that actually works for you is so important. And this is where one of our favorite money-saving tools can help.
Say hello to Rocket Money – an all-in-one finance app that can skyrocket your savings.
With Rocket Money, you can automatically create a budget based on your previous transactions. The app automatically categorizes expenses and helps you spot problem areas of overspending to cut back on.
What's more is that the app helps you spot overpriced subscriptions you should probably cancel to say even more.
Pro Tip 🚀 You can also upgrade to Rocket Money Premium to unlock its very best features to supercharge your savings.
This includes an awesome bill negotiation service where Rocket Money's team contacts your major service providers to negotiate better rates for you…so you save money without ever picking up the phone!
Premium costs as little as $4 per month. And it's packed with other features too, like unlimited budgets and free credit reports, to get your finances back on track.
SKYROCKET SAVINGS →🚩4. You Haven't Started Investing In Real Estate Yet
It's no secret that real estate investing is a key to wealth. In fact, about 90% of all millionaires are invested in real estate right now.
But here's the thing…you don't have to have rich parents or get lucky to invest in real estate yourself.
Instead, you can use companies like Arrived to invest in income-generating properties like vacation homes and family dwellings.
This company lets anyone begin investing since it has a low $100 minimum. In fact, this new crowdfunding model is democratizing this asset class and making it accessible for the first time in history.
Once you invest, you earn passive income from the rental income properties produce. And if property prices increase, your shares become more valuable too.
The best part? Arrived's team handles everything, from finding tenants to property maintenance. This lets you enjoy the passive income benefits without the headaches of being a landlord.
REAL ESTATE INCOME →🚩5. You Only Have One Income Stream (Try These Hustles Instead!)
Like real estate investing, most wealthy people have more than one income stream. In fact, a lot of them have at least 4 or 5.
If you're still at one income stream, that's totally okay. But you could also start a new side hustle to boost your monthly cashflow and diversify your income.
Here are a couple of easy ones that can pay you fast:
💵 Freecash: Play games, download apps, answer surveys and more to earn cash right from home!
💵 Survey Junkie: Share your opinion by completing short surveys to earn cash and free gift cards!
💵 Scrambly: Earn free PayPal cash by trying out fun new games and apps in your spare time.
These side hustles might seem like no big deal. But people are using them to earn an extra $200 to $1,250 a month in many cases.
That's over $12,000 in potential extra cash per year, right in your pocket. And you can start today to begin improving your finances.
👉 PS: If you need faster cash, you can also use an app called EarnIn. It lets you borrow up to $100 per day and $750 per pay period against an upcoming paycheck, all without paying membership fees.
🚩6. You're Wasting Money On Car Insurance & Other Coverages
Did you know most people are getting ripped off by their car insurance policy and other insurance companies?
That's right: the sad truth is most people pay way too much for coverage that's shoddy. And if it's been a while since you've shopped around for quotes, you're probably wasting money right now.
This ends today. Instead, use this free tool to quickly compare more affordable care insurance policies you qualify for.
People are saving upwards of $600 per year with this simple trick. And all you need to do is enter your zip code and a bit of information to find savings.
A couple of minutes one afternoon could mean hundreds of dollars back in your pocket. Plus, you get the satisfaction of not getting ripped off by your auto policy anymore.
Pro Tip: While you're at it, find affordable home, renters, pet, and life insurance plans with Lemonade 🍋
You can get a free online quote in minutes. A tiny bit of searching could save you $1,000+ per year by lowering your insurance payments. And you'll ensure you have the coverage you need.
SAVE $600+ →🚩7. You're Waiting To Build Your Credit Score
Oftentimes, some of the most lucrative financial opportunities require having a decent credit score. But if you have a low score, you don't have to miss out anymore.
Instead, you can use a clever app called Kikoff to begin steadily improving your credit score.
Over a million people already use this app, and it's super simple to get started. You create an account in minutes and then get access to a $750 revolving line of credit that you can use on Kikoff's online store, which sells financial literacy products.
There's no credit check and no interest. As you slowly pay back any purchases, Kikoff reports your on-time payments to two major credit bureaus to help gradually improve your score.
According to Kikoff, members see a 28 point increase on average in just their first month! And the platform has other credit-building and monitoring tools that can help you get your finances back on track.
🤫 Pssst: You can also get a free credit score report to know where you stand with CheckFreeScore – one of the best free credit reporting tools out there.
BUILD CREDIT NOW →👉 8 Debt-Free Shortcuts Crushing Debt For People!
EarnIn Disclaimers:
1: EarnIn is a financial technology company, not a bank. EarnIn services may not be available in all states. Bank products are issued by Evolve Bank & Trust, Member FDIC.
2: Subject to your available earnings, Daily Max and Pay Period Max. Restrictions and/or third party fees may apply, see EarnIn.com/TOS for details.
3: EarnIn does not charge interest on Cash Outs. EarnIn does not charge membership fees for use of its services. Restrictions and/or third party fees may apply, see EarnIn.com/TOS for details.
4: Fees apply to use Lightning Speed. Lightning Speed may not be available to all Community Members. Cash Outs may take up to thirty minutes, actual transfer speeds will depend on your bank. Restrictions and/or third party fees may apply, see Cash Out User Agreement for details.