Personal finances can get tricky in your 40's. It's common to be trying to save for big events like having kids, saving for retirement, and buying a house, while also feeling like you're just starting to get a handle on your career.
There's no doubt about it: adulting is hard. But, help is here. There's a whole crop of new financial apps and products that have your back. They want to help you spend less and save more so you can keep all your financial goals on target.
Let's take a closer look at some of our top picks:
Get $5 to start investing in Apple or Amazon
If you aren't investing yet, it's definitely not too late to get started. All investments come with risk, but thanks to the magic of compound interest, if you invest your money you could see it grow more quickly than if you keep it in a savings account.
Stash is a great place for beginning investors to get started. You can buy fractional shares (partial shares) in companies that are household names like Apple, Google, and Amazon. Normally a single share of these companies would cost hundreds or even thousands of dollars, but you only need $1 to get started with Stash.
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 all kinds of tools and guides to help you along the way.
For a limited time Stash will give you $5 to invest when you make your first investment.*
Save up to 40% on life insurance
Purchasing a life insurance policy is a smart way to invest in your family's future. A life insurance policy can help ensure that your family is taken care of in the event of your death.
Luckily, you don’t have to spend a fortune or fill out lengthy paperwork to apply for coverage. With Policygenius you can compare policies from top insurance companies all in one place. Just answer a few basic questions about your needs and health history on their website, then they'll calculate personalized quotes and make it easy to compare the options side by side. And once you apply, their team will help at every step until you're covered - at no extra cost.
You could save $1500 or more a year on life insurance just by using Policygenius to compare policies before you buy. They'll even pay you $100 if you can find a lower rate elsewhere.
Save an average of $560/year on car insurance
Are you staying home and driving less? If you answered yes, you've got an opportunity to lower your auto insurance premiums. With driving and auto insurance claims down, insurance companies are offering discounts.
With Insure.com, you fill out one simple form, and in minutes, you'll get a selection of personalized quotes. You'll be able to see the best prices from top insurance companies, all in one place, then pick the one that saves you the most for the coverage you want.
On average, drivers save $560/year when they use Insure.com.
Stop overpaying when you shop online
Shopping online has its perks. It's super convenient, but it can be time consuming to find the best deals. Instead of hunting for coupon codes (that don't always work!) and opening tons of browser tabs comparing prices, you can try Capital One Shopping.
Capital One Shopping makes saving money effortless. Just add the browser extension and when you check out, they will automatically add the best coupon code in their extensive database to help you save cash. And before you check out at favorite stores like Amazon, Target, Home Depot, and Best Buy, Capital One Shopping will notify you with a friendly pop-up if the item you're buying is available cheaper somewhere else.
Capital One Shopping is free to use and will never show you ads. Add it today and stop overpaying!
Budget better and trim up to $720 from your bills
Ever look at your bank account and wonder where your paycheck went? Poof, it's gone and you're not exactly sure where you spent it. A budgeting app like Truebill can help you take control of your money — spend intentionally on the things you value and stop throwing money away on unimportant things.
Once you have a complete picture of your finances, it's easy to see ways to save. And Truebill can help make those potential savings a reality. Their expert negotiators can call the cable company and phone company to help lower your bills. They'll also help you cancel unwanted subscriptions and put that money back in your bank account where it belongs.
Truebill has already helped save its members over $50,000,000 on their bills without much time and effort.
Save the $250 you'll probably pay in bank fees this year
Bank fees are annoying, so stop paying them.
The average American pays hundreds in bank fees every year. There are no hidden fees with a Chime bank account - no monthly fees, no minimum balance fees, and they even offer fee-free overdraft - up to $100.¹
And no fees doesn't mean no features. With Chime, you can build your savings faster by automatically rounding up your purchases, plus get paid up to two days early when you use direct deposit².
Apply online in just two minutes — there's no credit check required.
Get smarter about money in just 5 minutes a day
"Wealthy" is all about numbers. "Worthy" is a mindset. If you’re the type of person who’s passionate about growing your net worth and becoming financially independent, then you belong in Worthy — our brand-new personal finance community.
Join Worthy, and you’ll get expert advice on earning more, investing smarter, and saving for the life you want - right in your inbox, for free! Stay up-to-date on the latest news and trends that could impact your wallet, and get access to exclusive insider content and special offers.
Sign up now and join thousands of people who are getting smarter about money every day with Worthy.
See if you can raise your credit score in real time
Your credit score affects 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 score, but there's an innovative new service that could help you raise your FICO® Score 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 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 credit scores take effect immediately.
Bonus: Start every day smarter (for free!)
This morning over two million people started their day with the latest news from Wall Street to Silicon Valley by reading Morning Brew. Did you?
Morning Brew is a free daily newsletter that makes reading the news actually enjoyable. It was created with millennials and young business professionals in mind to help you stay informed and entertained. You can start every day smarter with this quick 5-minute read.
It's free, informative, and entertaining. Why not give it a try?