6 Creative Ways to Maximize Your Money Right Now

By Zack | Budgeting

Oct 10
5 money hacks

If you want to be good with your money, you have to have the right tools.

Lucky you, we have some awesome tips for you that will not only help you save more money but grow your net worth over time the smart way. 

1. Get A Better Student Loan Interest Rate in 3 Mins

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This step could save you A LOT of money each month.

If you have debt, refinancing could be a great way to save money in the long run. Hundreds of our readers have done this, and it’s easy peasy.

We recommend you refinance with LendEdu if you have student loans.

It’s free to see what rates you qualify for and takes less than 5 minutes. All you do is answer 10 questions.

Qualified applicants save on average save $13,676 over the lifetime of their loan by using LendEdu…

If that’s not convincing enough, I don’t know what is.

If you choose not to go through with anything even after the 10 questions they ask, there is no obligation on your end.

Compare rates quickly by clicking here to give it a try.

2. Start Investing Money The No-Fee Way

11 Easy Money Hacks You Should Try This Week - 6 Creative Ways to Maximize Your Money Right Now
There are a lot of cool apps when it comes to investing but none like the Robinhood app.

Robinhood is an easy to use app that understands that not everyone wants to get a masters degree to learn how to invest.

The great thing is you don’t have to have a lot of cash, just the amount you want to buy a stock with.

In fact, you can get a free share of stock like Apple, Ford, or Sprint for free when you join.

Once you get your account, you can get another free share of stock by recommending it to your friends. Click here to claim your bonus.

You can thank me later if it goes up in price overnight 🙂

3. Grab Your Free Credit Report

Money Hacks - 6 Creative Ways to Maximize Your Money Right Now

Your credit score alone can save you a ton of money on your most significant purchases.

If you’re thinking about buying a house anytime soon, improving your score now could save you $1,000’s over the lifetime of your mortgage loan. The thing is, you need to know what it is first.

So, grab your drink and head on over to a site like Credit Sesame to get your free credit score.

4. Trim Your Excess Expenses

General personal finance tips  - 6 Creative Ways to Maximize Your Money Right Now
From Netflix to Hulu, to Audible. Recurring expenses can add up! If you want to save some money, cut a few of them out.

Use the new (free) iOS app Trim to find your forgotten subscriptions and cancel them.

The app can help you cut spending other ways, too, by negotiating with your service providers to lower your monthly bills.

Plus, it tracks your spending, so you’ll see what habits might be blowing your budget.

To connect your accounts and find your wasteful expenses this week, download Trim for iOS to sign up.

5. Invest Your Spare Change

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We’re obsessed with Acorns.

Acorns lets you invest your digital change in a safe and reputable fund. Sounds cool right? It is.

When you pay with your debit or credit card, the extra change you get back is put away in a safe investment account with Acorns.

It’s a simple way to save money for your next vacation or rainy day fund.

The best part? There are no restrictions on when you can pull your money out. Get it anytime!

The second best part is that you can get a $5 bonus by signing up through our exclusive link. 

It’s not going to make you a millionaire overnight, but it will save you some money over time 🙂

6. Rent a Spare Room or Whole House

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Going out of town or have a room you don’t use that often? Why not rent it out to someone looking for a weekend trip where you live on Airbnb. There are people that look to Airbnb instead of hotels.

While it takes some preparation, you can make some serious cash doing this if you rent it out long-term. If you end up giving this a shot, consider letting someone rent your house or apartment while your on vacation. It could be a great way to cover at least your travel cost if not much more!

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Also published on Medium.


About the Author

Zack is one of the co-founders of FreeUp and is in charge of setting the strategy for the blog and managing the day-to-day operations. When he isn't plotting new ways to create awesome blog content, he likes to geek out about global affairs, ride motorcycles and can probably be found hiking somewhere during his days off.