1. Stop wasting money on overpriced car insurance
Car insurance is likely taking a big chunk out of your monthly budget, but it could be keeping you safe for less. Insurance companies tend to pile on confusing add-ons and lingo, which leads you to pay more than necessary.
OfficialCarInsurance.com lets you compare quotes from trusted brands, such as Progressive, Allstate and GEICO to make sure you're getting the best deal.
You can switch to a more affordable auto insurance option in 2 minutes by providing some information about yourself and your vehicle and choosing from their tailor-made results.
Find offers as low as $29 a month.
2. Protect your loved ones with whole life insurance
When planning for the future and ensuring financial security for your loved ones, life insurance plays a crucial role.
Whole life insurance is a form of permanent life insurance that offers lifelong coverage and a death benefit. It also has a cash value accumulation, with a portion of the premiums going into a savings component you can draw on if needed.
With Mutual of Omaha, individuals aged 45 to 85 are guaranteed acceptance without medical exams or health questions. Benefits also remain steady, unaffected by age or health changes.
Additionally, the premiums for your whole life insurance at Mutual of Omaha are fixed, meaning you won’t have to worry about rising costs as you age.
3. Secure your retirement with a gold IRA
Gold has long been touted as a safe-haven asset—and it can go a long way toward building your retirement portfolio. The precious yellow metal offers more stable returns than stocks, especially during market volatility and recession.
You can open a gold Individual Retirement Account (IRA) with Goldco to reap tax advantages while investing directly in physical precious metals. Plus, if you already have an IRA, rolling it over to Goldco is completely free, and you’ll get up to three years of complimentary storage, maintenance, and insurance.
Get your free information guide to learn how to get started and earn up to $15,000 in free silver with qualifying purchases when you join Goldco.
4. Automatically invest your spare change
Acorns is an investing service and savings tool rolled into one.
When you make a purchase on your credit or debit card, Acorns automatically rounds up the price to the nearest dollar and places the excess — the coins that would wind up in your pocket if you were paying cash — into a smart investment portfolio.
Let’s say you purchase a doughnut for $2.30. Before you’re done licking the sugar off your fingers, Acorns will round the amount to $3.00 and invest the 70-cent difference for you. That’s all there is to it.
Your spare change may not seem like much, but look at this math: $2.50 worth of daily round-ups add up to $900 per year — and that’s before your savings earn money in the market.
Plus, if you sign up now you can get a $20 bonus investment.
5. Grow your wealth with help from a trusted advisor
Secure your financial future with confidence through a personalized plan designed to optimize investments, navigate taxes, and ensure a comfortable retirement.
And don’t feel like you have to do it alone. Studies show that working with an advisor can add as much as 3% more to your annual returns.
Advisor.com is an online platform that simplifies the process of finding a financial advisor you can trust. They match you with several vetted fiduciary advisors who are evaluated based on their credentials, education, experience and pricing.
