First, it’s important to remember that I am a relentless optimist. This means every single day of quarantine I have done my best to keep my vibes high and worked to look for the good in every area of my life. Even Covid-19. Times are shaky right now, that’s for sure. BUT some major shifts are taking place that can benefit you greatly! Here are my three faves!
Disclaimer: I sat on the phone for an hour with my credit card company! So, if you plan on doing this make sure you have time set aside to get other stuff done while you wait!
As you may know, I have been dabbling in credit card hacking. And it just so happens I had the perfect card to call on for my lower interest rate experiment.
My interest rate was 25% and I had recently made a bigger purchase so it had a higher balance.
The entire plan for this was to see:
I shared the script on my Instagram this past Friday and have already had the success stories roll in!
DISCLAIMER: DO NOT USE THIS TACTIC ONLY TO KEEP RACKING UP CREDIT CARD DEBT! THIS IS DESIGNED TO SAVE YOU MAJOR $$ IN THE LONG RUN AND HELP YOU SAVE MONEY DURING QUARANTINE! ❤️
Another important thing to note right now if you have student loans is that your payments will be suspended (interest-free) through September. Here’s what this means:
Some bonus tips for this:
If you are worried about being able to pay your mortgage during Covid-19 due to being laid off, contact your lender to see what options they have available to you! Many lenders are willing to work with you BUT you have got to call and talk to them about it!
However, be sure to ask all of the questions, because chances are you will still have to pay back the amount you owe either in a lump sum or added to each month’s payments!
Want to learn more about the best ways to maximize your money? Don’t miss The Bucket List Budget!
DISCLAIMER: Any mortgage assistance should be not taken lightly. Mortgage Deferment could have other repercussions to you. Make sure you do your research beforehand. List of banks offering deferment.
Being stuck in the house means there is a reduced chance of you spending money on gas and entertainment. Take full advantage of this and look for ways to free up more money to build solid savings.
Finding ways to reduce your cost of living is one of the best ways you to have way more fun in your life. Because if you don’t have to shell out wads of cash every month, you have a lot more at your disposal. To learn the simple ways to budget smarter and live more, check out The Bucket List Budget!