Surveys consistently show that women lag behind men in retirement savings. One of the big contributing factors is that women still earn less than men on average.
Here's the thing though, even if the deck is stacked against us, women can and should be able to outpace their male counterparts when it comes to savings.
The secret: Smarter choices. We need to make every penny count.
And we're here to help. We've compiled this list of apps that can help you save more and invest your hard-earned money smarter. Take a look…
Invest in Apple, Google, or Amazon for just $1
Once you’ve paid all your essential monthly bills, take a look at what’s left in your bank account and come up with an investing strategy. Even if it’s not a lot of money, don’t let that stop you – you can start investing with just $1.
Stash is a great place for beginning investors to get started. You can invest in fractional shares (partial shares) in companies that are household names like Apple, Google, and Amazon. A single share of some companies could cost hundreds or even thousands of dollars, but with fractional shares you can invest with as little as $1.
If you're thinking about saving for retirement, you can start investing in an IRA and enjoy the tax benefits that come with retirement accounts. Stash also offers tools and guidance to help you along the way.
As a bonus, Stash will give you $10 towards your first investment after you sign up and deposit $5 or more into your personal portfolio. 1
Cancel your car insurance
We’ve got bad news. You could be wasting $560 every year on overpriced, second-rate car insurance. And you should probably cancel your existing insurance right now, because there’s something much better.
This new tool from Insure.com can tell you if you’re overpaying for your car insurance in just a few clicks. On average, they find around $560 a year in savings for drivers. And once you try it out, you’ll never have to look for affordable insurance again because they find you the lowest rates that other companies can’t match.
Oh, and it’s also free. And come on — you can’t tell us you don’t want to save up to $560. To find out if you’re losing up to $560 or more a year, just enter your zip code here, and instantly check the best insurers for a better deal. It takes less than 2 minutes.
See if you can raise your credit scores in real time
Your credit scores affect whether you can get approved for a loan, a credit card, or even a new job. Usually it can take weeks or months to improve your credit scores, but there's an innovative new feature that could help you raise your FICO® Scores 3 instantly.
Experian Boost™ can help you get credit for making on-time payments for your phone and utility bills. The process takes just minutes and if qualifying payments are identified, you can include this positive information in your Experian credit file. (Don't worry: If you have any negative marks, those won't count against you.)
Since launching, Experian Boost has collectively increased FICO® Scores across America by over 10 million points. It's 100% free and new potential credit scores take effect immediately.
See how much money you can get back from this account
We hate to tell you this, really. But if you aren’t using the Aspiration debit card, you’re missing out on extra cash with every purchase you make. Don’t worry though… it’s easy to fix.
There’s a debit card from a company called Aspiration, and they give you up to 10% cash back every time you swipe your card. Like when you’re…
Shopping for clothes? Yep… cash back.
Going to the pharmacy? Mhmmm. Cash back.
Getting groceries for the week? Yes, cash back!
It’s so simple. Who doesn’t want extra money? To see how much you could earn, just enter your email address and link your bank account 5 . By the way, Aspiration is free, your money is kept safe with military-level security, and your deposits won't fund fossil fuels.
Crush your credit card debt with a historically low interest loan
If you’re looking for a chunk of change and earn more than $20,000/year, a personal loan could be a good option.
Our partner Payoff will match you with a loan to pay off your credit card faster. In only 2 minutes, you could get a loan up to 40k with rates as low as 5.99%.
If you have a 600 or higher credit score why not see if you qualify? It will NOT affect your credit score.
Build wealth better than the 1%
The 1% doesn’t deserve all the riches. So why do we keep letting it happen?
Worthy is an email newsletter that teaches you how to invest smarter, earn more money, and live the life you want. It’s for the rebellious, the radical, the 99%er who fights like hell to earn their keep. Easily consumed in less than 5 minutes a day, you’ll get the latest financial resources, news, and money trends that could impact your wallet for years to come.