Saying yes isn’t all it’s cracked up to be. Start saying no to more things and you could save thousands of dollars every year. Here’s where to say no first. This was originally published on The Penny Hoarder, which...
Saying yes can feel really good.
You can say yes to a new job, yes to a proposal, yes to more freshly grated parmesan on top of your pasta.
But you know what feels even better sometimes? Saying no.
Saying no is powerful. Saying no is a statement. And saying no can save you a ton of money. Just how much? It depends on how often you can say no to these situations:
1. Say No to Expensive Car Insurance and Save $489/Year
When’s the last time you checked car insurance prices? Try shopping now and say no to your overpriced car insurance policy.
You should shop your options every six months or so — it could save you some serious money. Let’s be real, though. It’s probably not the first thing you think about when you wake up. But it doesn’t have to be.
A website called Insure.com makes it super easy to compare car insurance prices. All you have to do is enter your ZIP code and your age, and it’ll show you your options.
Using Insure.com, people have saved an average of $489 a year.
Yup. That could be $500 back in your pocket just for taking a few minutes to look at your options.
2. Say No to Paying Full Price and Save $1,825 This Year
Wouldn’t it be nice if you got an alert when you’re shopping online at Target and are about to overpay?
That’s exactly what this free service does. It says no for you.
Just add it to your browser for free, and before you check out, it’ll check other websites, including Walmart, eBay and others to see if your item is available for cheaper. Plus, you can get coupon codes, set up price-drop alerts and even see the item’s price history.
Let’s say you’re shopping for a new TV, and you assume you’ve found the best price. Here’s when you’ll get a pop up letting you know if that exact TV is available elsewhere for cheaper. If there are any available coupon codes, they’ll also automatically be applied to your order.
Using it’s savings estimate tool, you could save between $365 and $1,825 every single year, depending on how many online purchases you make.
You can get started in just a few clicks to see if you’re overpaying online.
Capital One Shopping compensates us when you get the extension using the links provided.
3. Say No to Paying Your Credit Card Company
Your credit card company is getting rich by ripping you off with high interest rates. But a website called AmOne wants to help you say no to those insane interest payments.
If you owe your credit card companies $50,000 or less, AmOne will match you with a low-interest loan you can use to pay off every single one of your balances.
The benefit? You’ll be left with one bill to pay each month. And because personal loans have lower interest rates (AmOne rates start at 3.49% APR), you’ll get out of debt that much faster. Plus: No credit card payment this month.
AmOne keeps your information confidential and secure, which is probably why after 20 years in business, it still has an A+ rating with the Better Business Bureau.
It takes two minutes to see if you qualify for up to $50,000 online. You do need to give AmOne a real phone number in order to qualify, but don’t worry — they won’t spam you with phone calls.
4. Say No to Low Interest Banking Accounts and Get $100
Low interest banking accounts are all too common. You can make just pennies on your money. But with an account from a company called Aspiration, you can finally say no to those measly interest rates — and earn a sign up bonus, too.
So, how’s an extra $100 and 16 times the average interest sound? For free? Seriously. Aspiration will give you $100 just for opening a new debit card.
Sure, a lot of debit cards offer sign-up bonuses throughout the year, but they often require you to jump through hoops with minimum requirements that feel impossible to hit.
But Aspiration makes it simple. To earn your $100, here’s all you need to do: Open your Aspiration account and deposit at least $10. Then set up and receive three direct deposits of at least $500 each from your paycheck or government benefits. That’s it! Then just wait for your check.
Even better? Your debit card gets you up to 10% cash back on your purchases and can earn you 16 times the average interest on the money in your account.
Enter your email address here, and link your bank account. And don’t worry. Your money is FDIC insured and under a military-grade encryption. That’s nerd talk for “this is totally safe.”
5. Say No to Getting Ripped Off By Your Home Insurance Company and Save $690/Year
You’re probably wasting money right now. And it’s probably on something you’d never expect — your homeowners insurance policy.
This isn’t something you actively think about — you just know you’re required to have it.
The problem is, you’re paying too much. Luckily, an insurance company called Policygenius makes it easy to find out how much you’re overpaying. It finds you cheaper policies and special discounts in minutes.
In fact, it saves users an average of $690 a year — or $57.50 a month. It’ll even help you break up with your old insurance company. (You’re allowed to cancel your policy at any time, and your company should issue you a refund.)
And just because you’re saving money doesn’t mean you’re skimping on coverage. Policygenius will make sure you have what you need.
Just answer a few questions about your home to see how much money you’re wasting.
This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.