No matter where you are in your journey to mastering your finances, there are amazing tools that can help keep you focused on your goals, automate you necessary activities, and save you hundreds if not thousands of dollars and I love sharing tools that I discover (that actually work).
My commitment to you is that I NEVER recommend a tool that I haven’t tried/used and love, or that I don’t believe would be helpful to you. And all these tools I would wholeheartedly share with my family and friends because I believe they can help change your financial life. I also provide videos, blog posts and quick tips on what I love (and dislike) about the tool as well as tricks on how to use the tools to get the best results.
Many of these links are affiliate links, which means I may get a small commission if you purchase. However, none of the fees of these resources have been increased to compensate(in fact many are FREE or offer you a bonus for joining). Know that I recommend them because I believe they can be helpful and useful, but please don’t spend money on them if you don’t believe they are a good fit for your situation or that they will help your reach your goals. Ready to start winning? See the details below.
Tools For Lowering Debt
Payoff is a debt consolidation company that can help you lower your high interest credit card debt. You submit one application to find the possible rates available and Payoff gives you the prospective rates without impacting your credit score. If you like the rates, then continue. If you don’t then no harm, no foul. You can get rates in a few minutes, and have your loan funding in a few days. And you don’t need perfect credit since their minimum credit score rate is 640. Not bad.
‘You worked hard. You deserve better.’ That’s their motto and I couldn’t agree more. My student loans used to cause me so much anxiety, I felt like I would never get from under them. I would make a payment every month, but my balance would barely move. I was able to consolidate my private student loans with SOFI lowering my interest rate by 60%. I make the same payment as I did before but now I can see my payments lowering my balance every month. They single-handedly make my student loans no longer a pain point for me.
Credible finds you the best rates it can for most refinancing – credit cards, personal loans, mortgage refinancing and even student loans! It doesn’t impact your score to get your rate, so if you don’t like what you get then you can walk away with no issue. And if you are ready to apply, then your information is already there.
Tools For Wealth And Investing
I started using Personal Capital to track my debt paydown but found it is good for so much more. I’m able to track my net worth, budget, retirement goals, emergency fund savings to name a few and it gives my projections on the likelihood I’ll hit my goal and what I can do to ensure it’ll happen. And that’s still the tip of the iceberg. I check this bad boy every single day because I get up to the minute details on my progress. A great motivator when I’m thinking of doing something really smart, or really stupid 🙂
This tool removes EVERY excuse you have why you aren’t investing. It takes less than 5 minutes for you to start an investment account, with no minimum balance you can open an account with any amount, and with robo-advisors manning the helm, you don’t have to figure out how to pick stocks or what to invest in. Easy Peasy.
Acorns offers a micro investing app that helps people save and invest for their future. It’s a fun way to dip your toe in the water of investing and put your spare change to good use.
Tools For Saving Money
If you think you can’t find one more penny to save then this tool is perfect. It allows you to save in a variety of ways – a set amount each time, rounding up the dollar and set a specific goal to save towards. And the best part is it does it automatically so you don’t have to do a thing – no remembering, no planning, no problem.
Tools For Making Money
Want to make money on the things you would normally buy? Well, Ebates is a cashback application that does exactly that. You get paid because stores pay Ebates a commission for sending members to their websites, and they share the profits with you.
Tools To Help You Cut Costs
Trim in a financial virtual assistant that helps you find subscriptions and costs you can cut in your budget.
For folks that shop online a lot, Paribus offer price adjustment, protection, and monitoring for customers. The app gets shoppers the adjustment amount they are owed should an item they purchased drop in price at a later time.
Tools For Understanding Your Credit
myFICO provides the most accurate credit scores likely to match what loan providers and banking organizations use. It isn’t free, but if you are buying a house or car etc. and your score is highly important, then it’s the best tool for retrieving credit scores.
Credit Sesame is completely free and gives you the Vantage score for one of the bureaus. Perfect for informative purposes, or if you just want to know what your score is, but it doesn’t need to be precisely what the loan provider is seeing. They also provide great advice by analyzing your score and giving you tips to improve.