People Who Don’t Do These 8 Things Before 2021 Ends Will Have Less Money Next Year

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Time flies, and the end of the year will be here before you know it. Now’s the time to make a few smart money moves before 2021 comes to a close.

Here are ten strategic steps you should take if you want to start 2022 strong.

1. Spend the Money in Your FSA: Don’t Let it Go to Waste

If you have a Flexible Spending Account through your employer as part of your health insurance plan, remember this key fact: The biggest drawback with an FSA is that you lose whatever money you don’t use up by the end of the year.

You can pull money from your FSA to cover the cost of prescriptions, office visit copays, over-the-counter medical supplies, eyeglasses or contact lenses. Your account typically comes with a debit card you can use to pay for medical expenses whenever they come up.

Tick tock! Use it or lose it!

2. See if You Can Get Money From This Company

Here’s the deal: If you’re not using Aspiration’s debit card, you’re missing out on extra cash. And who doesn’t want extra cash?

Yep. A debit card called Aspiration gives you up to a 10% back every time you swipe.

Need to buy groceries? Extra cash.

Need to fill up the tank? Bam. Even more extra cash.

You were going to buy these things anyway — why not get this extra money in the process?

Enter your email address here, and link your bank account to see how much extra cash you can get with your free Aspiration 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.”

3. Leave Your Family up to $1M

Oh, to be a millionaire. Look, not all of us have the money to set up trust funds for our loved ones. But you could still leave them up to $1 million in life insurance — and you don’t even need to have the money in the bank.

You’re probably thinking: I don’t have the time or money for that. But this takes just minutes — and you could leave your family up to $1 million with a company called Bestow.

We hear people are paying as little as $16 a month. (But every year you wait, this gets more expensive.)  It takes just minutes to get a free quote and see how much life insurance you can leave your loved ones — even if you don’t have seven figures in your bank account.

4. Cancel Your Car Insurance

When was the last time you shopped around for car insurance? Was it more than six months ago?

If so, you’re probably overpaying — by hundreds of dollars. Yep. Experts say you should compare rates twice a year to get the best deal.

Twice a year? Yeah, we don’t want to do that either.

A website called Insure.com makes it super easy to compare car insurance prices before 2021. 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.

5. Buy a Piece of a Corporation (Even If You’re Not Rich)

Imagine if you had bought one share of Amazon for $18 when the stock first went public. Today, it would be worth more than $20,000 — despite all the ups and downs in the stock market.

But if you work for a living and don’t happen to have millions of dollars lying around, that can sound totally out of reach.

That’s why a lot of people use the app Stash. They make it easy, plus they’ll give you $5 of stock in Amazon or Google (or another company of your choice) just for opening an account. 

The best part? When these companies you invest in profit, so can you. Some companies even send you a check every quarter for your share of the profits, called dividends.

Enter your email address to quickly sign up (you only need to deposit $5 into your investment account to get the $5 bonus).

6. Ask This Website to Help Pay Off Your Credit Cards

No, like… the whole bill. All of it.

If you have credit card debt, you know. The anxiety, the interest rates, the fear you’re never going to escape…

And the truth is, your credit card company doesn’t really care. It’s just getting rich by ripping you off with high interest rates. But a website called AmOne wants to help.

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 3.99% 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.

7. Add $225 to Your Wallet Just for Watching the News

It’s been a historic year in news, and we’re all constantly refreshing for the latest updates. You probably know more than one news-junkie who fancies themselves an expert in respiratory illness or a political mastermind.

And research companies want to pay you to keep watching the news. You could add up to $225 a month to your pocket by signing up for a free account with InboxDollars.

It’ll present you with short news clips to choose from every day, then ask you a few questions about them. You just have to answer honestly, and InboxDollars will continue to pay you every month.

This might sound too good to be true, but it’s already paid people more than $59 million.

Enter your email address here and you’ll immediately get a $5 bonus to get you started.

8. Become a Real Estate Tycoon

The past year has been a rollercoaster, to say the least. Historically, though, private real-estate investing offers the best long-term returns. (Does the name Rockefeller ring a bell?)

That’s why we like investing with pros like DiversyFund. They’ll help you make long-term investments in apartment buildings all over the country  — and you don’t have to be a millionaire. You can get started with only $500.

The platform is simple, easy to use and hassle-free. You can see exactly which properties are included in your portfolio through their online dashboard — like a 54-unit apartment complex in Salt Lake City, Utah, or a 30-unit waterfront property in Stuart, Florida. And you don’t have to experience the headaches that come with being a landlord — DiversyFund does all the heavy lifting for you.

As a partial owner, you make money on rent payments and at the end of the term, when property values go up and DiversyFund sells the properties. It takes just a few minutes to sign up and co-own a diversified portfolio of apartment buildings.

*The Penny Hoarder is a Paid Affiliate/partner of Stash. This material is not intended as investment advice and is not meant to suggest that any securities are suitable investments for any particular investor. Investment advice is only provided to Stash customers.

**You’ll also bear the standard fees and expenses reflected in the pricing of the ETFs in your account, plus fees for various

Investing involves the risk of loss.