It becomes a serious problem when we make a habit of telling lies especially when we lie to ourselves.
But some of us do it all the time when it comes to our finances.
So we tell ourselves these common lies:
Lie No.
1: Your Debt Is Under Control
You dont always just pay the minimum on your credit card.
But if youre being honest with yourself, those occasional chunk payments arent really bringing down your average balance.
Honestly, if youre like most of us, youre treading water.
And the truth is, your credit card company doesnt really care.
Its just getting rich by ripping you off with high interest rates some up to 36%.
But a website calledAmOnewants to help.
7 Ways to Make Money if You Hate People
Do you avoid people too?
Enough small talk.Here are some waysto earn extra cash, without all of the social stuff.
Youll be left with one bill to pay each month.
Plus: No credit card payment this month.
Did you know?
If youre not sure where to even start, we favor the50/20/30 budgeting methodfor its simplicity.
Heres how it works:
The key is to accept you cant create the perfect budget in an hour.
Youll have to experiment to find what works best for you.
Lie No.
3: Your Credit Is Good Enough
Youve got big plans.
Maybe youve got your eye on a new car.
Or youre hoping to buy a house in the next few years.
Or youd even like to start your own business.
A free website calledCredit Sesamemakes it easy to put your credit score on track to reach your goals.
What could adding 300 points to your score mean for your goals?
It could easily save you thousands of dollars over the life of a car loan or mortgage.
Youll even be able to spot any errors holding you back (one in five reports have one).
Lie No.
But thats OK. You deserved a little treat, right?
And besides, youve got a steady income.
Itll all come out in the wash.
Gut check: Youre probably not earning enough to support your lifestyle.
Heres a solution we like: Make extra spending money by sharing your opinion online.
It sounds strange, but brands want to hear your opinion.
Taking three quick surveys a day could earn up to $140 each month.
It takes just a minute to create a free account and start getting paid to speak your mind.
Youll get paid within 48 hours of your payout being processed, just for sharing your opinions.
Plus, theyve got an excellent rating on Trustpilot.
It takes just a minute toset up your account and start getting paid to take surveys.
Plus, right now, youll get a free 100-point welcome bonus just for becoming part of the community.
Lie No.
5: You Dont WasteThatMuch Time on Your Phone
We all have our go-to time-killers on our phones.
But this one actually gives you the chance to win up to $83 every time you play.
And no, this isnt one of those spammy apps.
There arent even any annoying ads.
Lie No.
But dont waste your time hopping around to different insurance companies looking for a better deal.
Use awebsite called EverQuoteto see all your options at once.
Take a couple of minutes toanswer some questionsabout yourself and your driving record.
With this information, EverQuote will be able to give you the top recommendations for car insurance.
In just a few minutes, you could save up to $610 a year.
Lie No.
Yeah, us too.
So, depending on where you live, more of your savings may go back into your pocket.
Once youve signed up and created your account, you might easily transfer money by linking a bank account.
After your Treasury bills mature, Public will automatically reinvest to create a compounding effect.
you’re free to also sell your Treasury bills at any time*.
It only takes a few minutes toenroll in a Treasury accountwith Public to start earning more on your savings.
This is a paid endorsement for Public.com.
- Yield is an annualized 26-week T-bill rate (as of 11/21/2023) when held to maturity.
Rate assumes holding T-bill until maturity (26-weeks).
T-bills liquidated prior to maturity may result in a loss of interest or principal.
Rate is gross of fees and is annualized.
All investing involves risk of loss.
Past performance is not indicative of future results.Risks.
** Traditional savings rate sourced from Bankrate as of 10/3/23.
Public is not responsible for the accuracy, timeliness, or completeness of information on third-party websites.
Nor Public Holdings or its affiliates are a bank and Public does not offer savings accounts.
Securities on Public.com are not FDIC insured.
You should contact your bank for current and complete information about available account types, including applicable interest rates.Risks.
*** T-bills are subject to price change and availability yield is subject to change.
Past performance is not indicative of future performance.
As a general rule, the price of a T- bills moves inversely to changes in interest rates.
Securities investments: Not FDIC Insured; No Bank Guarantee; May Lose Value.
Banking services and the Bank Account are provided by Jiko Bank, a division of Mid-Central National Bank.
Available to US members only.
No Interest Til Almost 2027?
Balance Transfer = Credit Card Cheat Code
