You Could Be Wasting Your Hard-Earned Money — Here’s How to Keep More of It

Does it seem like your paycheck is gone almost as soon as it hits? Bills — they’re so needy.

We hate to break it to you, but some of that money could be cash you’re wasting unnecessarily. We have six steps you could take to help more of your money stay where it belongs — with you.

1. Cancel Your Car Insurance

You might not realize it, but your car insurance company is probably overcharging you. In fact, they’re kind of counting on you not noticing. But don’t worry; this is an easy fix. 

This new tool from The Penny Hoarder gathers all your best options together in one place, so you don’t have to waste time browsing endless insurance sites for a better deal. On average, drivers who shop around tend to save $500 per year or more. 

Getting started is super easy, too. Just tell us a little about yourself and the kind of car you drive, and we’ll send you a few personalized quotes you can compare to find the best fit for you. 

Stop overpaying for car insurance. It only takes a few minutes to compare your options and see how much you could be saving.

2. Skip the Interest Until 2026 With This Balance Transfer Card

Aiming to ditch high-interest payments and score cash back on everything you buy? Who isn’t, right?

This card makes a balance transfer easy and affordable, plus you can save money on interest while you earn rewards. With a lengthy 0% intro APR on balance transfers until 2026, you’ll get some well-deserved breathing room to pay down balances interest-free. Plus, a $200 cash bonus is waiting for you, and you’ll enjoy 2% cash back on everything you buy — helping you make the most of your everyday spending. 

Here’s what makes this card a win-win:

• $200 cash back bonus
• Unlimited 2% cash back 
• $0 annual fee
• 0% APR on balance transfers for 18 months

Get the most out of your spending. Learn more about this balance transfer card today. 

3. Stop Blowing Money on Overdraft Fees With This Checking Account

Are you tired of paying through the ear to keep your money in the bank? Let’s face it, we’ve all got bills, errands to run, and checks to cash every month— who has time to micromanage all these sneaky checking account fees?

Well, what if we told you we found a checking account that actually means it when it says, “no fees?” Even better… what if you could earn a $250 bonus when you sign up?

With a Capital One 360 Checking Account, you’ll get access to over 70,000 fee-free ATMs, 24/7 mobile deposit and account access through their top-rated banking app, and zero overdraft fees (if an approved transaction takes your account below $0). 

There is no minimum deposit to open and maintain your account, and you’ll never pay monthly or maintenance fees to access your money. Plus, with the Capital One Early Paycheck feature, you can get your paycheck up to two days faster without paying extra fees for that, either—and with built-in Zelle access, sending money is a snap. 

Does your checking account do all of that? Sign up for a Capital One 360 Checking Account and claim your $250 bonus!*

*Terms apply. Visit Capital One 360 for details.

4. Get 4.25% APY and a $30 Bonus With This High-Yield Cash Account

It’s hard not to cringe when you see a bank statement full of fees. And let’s be real: When every dollar matters, why are we paying to keep money in our accounts in the first place?

It’s time for something better.

With Wealthfront, you can forget those annoying bank fees and earn a whopping 4.25% APY through partner banks on your cash — about 9x the national average savings rate.¹

Enjoy unlimited transfers, same-day withdrawals, zero account fees, and no minimum balance requirements to earn 4.25% APY. You can use Wealthfront with your favorite payment apps like Apple Pay, Venmo, and Google Pay.

They’ll also give you access to a customizable investment portal so you can start building wealth while focusing on your short- and long-term goals.

Wealthfront isn’t quite a bank, but it works with several FDIC-insured partner banks to give you the convenience and flexibility you expect, minus the sneaky fees and account requirements. The best part? You can get started with Wealthfront with only a $1 opening deposit or snag a $30 bonus² when you deposit $500 or more (terms and conditions apply).³

Join Wealthfront today and make your money work for you— not your bank.

5. This Company Will Pay You $150 to Get Cheaper 5G Internet

There are some bills you just can’t avoid. For most of us, that includes our internet bill. You can’t exactly go without it these days, and your provider knows that — that’s why so many of us are overpaying. 

But with T-Mobile, you can get high-speed, 5G home internet for as little as $30 a month. They’ll even guarantee to lock in your price. 

You’re probably thinking there’s some catch, but they’ll let you try it out for 15 days to see if you like it. If not, you’ll get your money back. You don’t even have to worry about breaking up with your current provider — T-Mobile will pay up to $750 in termination fees.

Even better? When you switch now, you’ll get $150 back via prepaid MasterCard.

Just enter your address and phone number here to see if you qualify. You could be paying as low as $30 a month for high-speed internet. 

6. See if You Can Cut Your Credit Card Interest Rate by 70%

Every month, you make payments toward your credit card debt. But you never seem to make a dent. It’s because of those sky-high interest rates — as much as 24% interest. It can feel impossible to get ahead.

But MoneyLion could help you find offers to cut your interest rate by 70% as soon as tomorrow. 

Here’s how it works: MoneyLion can match you with new loan offers at a lower interest rate — as low as 5.20% APR*. That’s 70%* lower than the average credit card interest rate. And it’s the key to finally getting ahead.

You can use this new loan to pay off all your existing credit card debt, leaving you with one (cheaper) monthly payment that will help you get out of debt faster.

If you have a credit score of at least 620, you could get up to $50,000. With no collateral. And terms go up to 144 months.

Worried you won’t qualify? Take two minutes to check online and see if you could cut your credit card interest rate by 70%.

*Based on creditworthiness. Average credit card interest rate is 24.72% as of 8/14/24, according to Forbes Advisor’s weekly credit card rates report.

1. Based on the national average interest rate for savings accounts as posted on FDIC.gov, as of September 15, 2024). FDIC coverage will remain at up to $8 million for individual Cash Accounts ($16M for joint accounts) through partner banks.

2.  Client must maintain $500 by the 30 day mark. See website for details. 

3. Checking features for the Cash Account are subject to identity verification by Green Dot Bank, Member FDIC. Cash account is offered by Wealthfront Brokerage LLC (“Wealthfront Brokerage”;), a Member of FINRA/SIPC. Wealthfront Brokerage is not a bank. We convey funds to partner banks who accept and maintain deposits, provide the interest rate, and provide FDIC insurance. The APY rate listed is as of 09/19/2024 and is subject to change at any time. Fees and Eligibility requirements may apply to certain checking features, please see the Deposit Account Agreement for details. Limits, fees, and exclusions apply. All investing involves risk, including the possible loss of money you invest.

Apple, the Apple logo, and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. Google, Android and Google Play are trademarks of Google Inc., registered in the U.S. and other countries.

Please note, Real-Time Payments (RTP) transfers may be limited by destination institutions,daily transaction caps, and by participating entities such as Wells Fargo and the RTP® Network. New Cash Account deposits are subject to a 2-4 day holding period before becoming available for transfer. Wealthfront doesn’t charge for transfers, but receiving institutions may impose an RTP fee.

The Penny Hoarder receives compensation when a reader clicks on the referral link that redirects them to Wealthfront, which creates a conflict of interest. Penny Hoarder’s opinions in this article are their own and are not tied directly to such compensation. The Penny Hoarder and Wealthfront Brokerage, LLC are not associated with one another and have no formal relationship outside of this arrangement.