ATTENTION: These 13 Tips Could Help You Save Money During Hard Times

1

Learn How to Apply for Government Assistance Benefits

Learn How to Apply for Government Assistance Benefits

The government has put together the CARES Act, which is going to pay out up to $1,200 in stimulus checks to eligible individuals ($2,400 for married couples). But the Trump stimulus checks for the 2019 pandemic are just the start of the government grants and benefits you may qualify for right now.

Depending on how much you make and where you live, you might be able to get:

  • Up to 39 weeks of unemployment benefits money if you have lost your job.
  • Money to pay for food with food stamps.
  • Money to pay for rent with Section 8 housing assistance.
  • Money to pay for your medical bills with Medicaid.

Did you lose your job because of the pandemic? Did your hours get cut? Not only can you file for unemployment in your state, but you can get an extra $600 in unemployment insurance from the federal government for every week that you qualify for unemployment.

Don’t wait to apply for benefits if you need help and think you qualify. You should apply online through the government now.

2

Look Into Low Interest Credit Cards

Look Into Low Interest Credit Cards

Is your credit card bill getting too expensive to afford? You’re probably overpaying on interest right now. The good news is, there are plenty of low interest rate credit cards that you can apply for to start saving money.

By lowering your interest rate, you can pay less when you buy the things you need like groceries. Some of the best low interest credit cards are zero percent introductory credit cards. This means you don’t have to pay interest during the first year or longer, which can help you save BIG. And if you qualify, some of the best credit card companies will keep your interest rate at zero percent for up to 21 months!

3

Learn About Personal Loans

Learn About Personal Loans

If you need cash NOW, a personal loan can give you $1000s in as little as 1 WEEK. A lot of people consider it the best line of credit because of how easy it is to get money when you need it.

During the pandemic, you just never know when that moment might be.

The best personal loan offers come with lower interest rates than most credit cards. They can be repaid in two to five years, which gives your financial situation time to rebound after the effects of the pandemic pass.

Interested in getting a personal loan online now? You can apply online with lots of personal loan providers and get approved fast.

4

Look Into Balance Transfer Credit Cards

Look Into Balance Transfer Credit Cards

Is your high interest rate credit card making it impossible to save money right now? Luckily, companies like Discover and Capitol One give you the chance to get low interest balance transfer credit cards.

Basically, a balance transfer card lets you put all your balances on an affordable credit card that has a much lower interest rate. Some of the best balance transfer cards even give you a starting interest rate of 0 for the first six months so that you don’t have to pay any extra money.

5

Find Out How to Refinance Your Mortgage

 Find Out How to Refinance Your Mortgage

Are you having a hard time financing your mortgage? Afraid that things might get even harder soon? Consider refinancing your home mortgage now.

Banks are being flexible with payments because of the pandemic and giving you the chance to lower your mortgage interest rates AND your monthly payments to all-time lows. A home refinance is one easy way you could save $1000s in 2020.

6

Find Out How to Cut Your TV Bill in Half

Find Out How to Cut Your TV Bill in Half

Entertainment is important, especially when you have to stay indoors for 30 days. But while you DO need your shows, you DON’T need to overpay for them.

Get a streaming service today.

Netflix charges less than $15/month, which is much less than any monthly cable bill. You can combine this cheap streaming service with others like HBO Now, Hulu, Amazon Prime TV, Apple TV Plus and/or Disney Plus to get thousands of movies and TV shows for cheap.

7

Learn About Student Loan Consolidation

Learn About Student Loan Consolidation

With the pandemic’s impact on your financial situation, your student loans might weigh you down now more than ever. But there is a way to make them easier to manage.

You can ask your provider to refinance your student loan. This gives you the chance to lower your student loan interest rate and pay less every month.

If you have more than one student loan, you can ask for student loan debt consolidation, too. This student loan debt relief option combines all your payments into one and lowers your interest rate so you can get out of debt.

Providers are being flexible and giving you the chance to save today.

8

Find Out How to File for Bankruptcy

Find Out How to File for Bankruptcy

Want to get rid of all your debt so that you can start saving NOW? Consider filing bankruptcy. Declaring bankruptcy sounds intimidating, but it doesn’t have to be. The legal process can actually help you get rid of all your debt or set up an easy payment plan that makes things easier on you during the pandemic.

You can reach out to a bankruptcy attorney online to see if you have a good case. If so, you can hire a bankruptcy lawyer to represent you and help you get rid of your debt.

9

Learn About Your Debt Settlement Options

Learn About Your Debt Settlement Options

Need debt relief but don’t want to file bankruptcy? Don’t worry. Debt settlement is another way to reduce your debts and payments so that you can start saving ASAP during this difficult time. Here’s how it works.

Debt settlement companies will work with the people you owe money to so that you don’t have to. These debt negotiators will work to settle your debts for a FRACTION of the total amount you owe. And it doesn’t matter if you need a loan settled or a credit card settlement. This option can work for both.

10

Learn How to Refinance Your Auto Loan

Learn How to Refinance Your Auto Loan

Just like your home, you can refinance your auto loan now to lower your car loan interest rates AND your monthly payments. Even if you have bad credit you can refinance your car loan for a better rate and start saving now. You just have to look at the best auto loan lenders online and their options.

You might even get the chance to take out cash during the auto refinance process. This depends on your new lender, like Wells Fargo, Capital One and others.

11

Look Into Credit Repair Companies

Look Into Credit Repair Companies

Having bad credit can make interest rates too high to afford in the coming months. One thing you can do to get a credit card with an affordable interest rate is to fix your credit score.

There are credit score improvement companies that can fix your credit for you. They can help you get rid of errors on your credit report. They can help you settle debts for less than you owe, too.

Some credit repair companies can help you boost your credit rating in 30 days AND give you the chance to qualify for lower payments.

12

Find Out How to Qualify for Low Interest Loans

Find Out How to Qualify for Low Interest Loans

Worried about being able to pack back a loan? You don’t have to be. You might qualify for low interest loans that are easy to repay.

If you have loans already and their interest rates are too high to afford, you can get a debt consolidation loan that makes repayment easy too. These are some of the lowest interest rate loans available.

If you don’t have loans yet, you can apply for a personal loan online. Low interest personal loans are available to a lot of people. The better your credit score, the lower your loan interest rate will be, making repayment simple.

To make sure you find the best low interest loans, you can compare loan terms easily online.

13

Find Out About Credit Card Consolidation

Find Out About Credit Card Consolidation

Just like with student loans, you can consolidate your credit card debt into one place with debt consolidation. And you get to choose if you want your debts combined into a credit card consolidation loan or put on a balance transfer credit card. You can pick the option that is more convenient for you.

Regardless of the option you choose, you’ll get lower monthly payments and have a really low interest rate at a time when you need it most. A lot of debt consolidation companies let you pre-qualify and apply for debt consolidation loans online.

Take a look at the best debt consolidation loans from different lenders and apply now.