Debt (no matter the category) is a quickly spreading situation that virtually everyone is affected by. As your debt rises, it becomes much harder to pay off. This is due to the interest payments which prevent you from making any real progress on the initial principle.
So here’s what to do: check out our list of ‘debt slimming tools’ and try to implement one today. Applying just one of these solutions could help pay off your debt a little faster.
Don’t let a surprise breakdown or routine maintenance break the Bank.
Whether you’re starting to hear a new noise from your car. Or just bought a new one off the lot. One thing you’ll want in either situation is peace of mind that ensures you’re covered for any repairs or surprise breakdowns. What makes Olive such a unique solution is that it is unlike a typical extended warranty. Olive does not require financing. It has a range of deductible options at both their 5 and 7 year offerings.
If you’re looking for coverage on the more common reasons your car may become undrivable. Olive provides affordable breakdown coverage quotes at a great monthly rate. Olive is a better way to protect your wallet from unexpected auto repair bills or routine maintenance. They offer fixed monthly pricing until the end of your term on breakdown coverage, and the ability to manage your coverage from any device connected to the internet.
Get help and templates for managing your budget from this great platform.
Simplifi helps you get straight to the data of your financials. By providing a platform to link your various financial accounts, you can create an all-in-one budgeting app that tracks your investments, bank accounts, and even 401(k) retirement accounts. Once you’re integrated, you can then start personalizing and tracking various goals for savings or reducing spending. These great systems, along with customizable spending plans, help illustrate the numerous benefits of budgeting.
Whether you’ve got your own budgeting sheet on excel that you update consistently, or you’ve only just started to figure out your budgeting strategy. You’ll be able to find tons of valuable insight a nd tracking tools in the Simplifi app. Budgeting should be a part of your routine if you are looking to alleviate some of the financial stresses of your current situation. Let Simplifi handle how to realistically fit that summer vacation into the budget, so you can spend more time planning out the trip!
Tally, An all-in-one solution to managing credit card debt.
If you’ve been struggling to manage, track, or pay off your credit card(s). This next solution is one you’ll want to get downloaded onto your device ASAP. Once you sign up you’ll see what type of savings Tally may be able to offer you based on your current situation. Another service that Tally offers is to help pay off your high-interest credit cards. Tally will utilize your line of credit to help you start saving money on interest immediately. Tally is a great smart credit card managing platform, that you can access from any device, at a monthly rate you’ll love!
Tally understands that your credit score is important to you, and makes sure that their onboarding and verifications methods don’t affect your score. You’ll need to undergo a soft credit check in order to find out if you are eligible for Tally’s credit card debt payoff. Once that process has been completed, Tally will help create a personalized plan to help you pay down your debt in a smart and timely fashion. If you have multiple credit cards, Tally provides a fantastic platform to track your various due dates, APRs, and balances all in one place!
Tracking your subscriptions may help reduce your monthly costs
Subscriptions are everywhere now. From streaming services like Netflix and Hulu to the all-in-one delivery system Amazon Prime, these monthly fees can snowball quickly. Rocket Money, formerly known as Truebill, is dedicated to helping customers solve this problem.
Take control of your financial life again with Rocket Money, which instantly finds and tracks your subscriptions. Their team will cancel services for you, saving you precious time and energy. The app also logs your spending, showing you a breakdown of where you’re spending most and how to save. Automated savings, credit reports, lowering bill prices, and budgeting are all featured in Rocket Money’s financial toolkit as well.