With today's tumultuous economy and high inflation rates, a typical savings account may not be the best place to grow your cash. But, there are plenty of things Americans can do right now that will help you save and earn money without much effort.
1. Fight inflation with a recession-resistant investment
Investing in art doesn’t have to cost millions. From lovers of Picasso to Banksy to Warhol, anyone can start adding art to their investment portfolio with as little as $20.
Masterworks is the first company that gives you access to shares of artwork. Curated by their team of professionals, Masterworks allows you to invest in art while avoiding the hard parts of collecting.
Seeing as art is not affected by how financial markets are performing, it’s an investment that offers stability, and may even be a better place to keep your money than a bank.
With Masterworks, you can buy and sell your shares with no commissions or trading fees, and you’ll skip out on those monthly bank account fees, too.
Click here to add some beauty to your portfolio.
2. Find cheaper car insurance
It's easy to set and forget your insurance bills, but premiums change all the time. Experts say you need to shop around every six months to ensure you're still getting the best deal.
SmartFinancial can help you find a lower rate on your current coverage in minutes.
Just answer a few quick questions, and SmartFinancial will instantly find you the lowest prices in your area..
3. Spend less on peace of mind for your home
It’s a good idea to check in frequently for lower premiums to make sure you’re not paying more than you need to for this essential product.
SmartFinancial will automatically compare quotes from over 200 insurance companies, and even check for discounts, to help you find the best rate in your area.
You could save yourself hundreds by switching to a new insurance company, and it just takes a few minutes.
4. Free yourself from debt faster
Sometimes you need a little help to make that next big purchase, finally start that kitchen reno or to get out of debt faster.
Personal loans are an affordable option if you need fast cash for an emergency purchase, but they can also help you get out of high-interest debt.
Personal loans can have much lower interest rates than credit cards or payday loans, and this money can help you get out of debt faster when you use it to pay off your most expensive accounts.
A free service called Credible, allows you to easily compare multiple lenders in seconds to find the best personal loan for you.
Loan amounts range from $600 to $100,000, depending on your circumstances and credit score.