6 Brilliant Moves If You Make More Than $5,000/Month

Last updated Sept. 29, 2022 | By FinanceBuzz Editors
$1,000 in Checking Account

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Making more than $5,000 a month is a big milestone. But leaving the money in checking likely doesn't make much sense since most checking accounts pay minimal or no interest.

Once you've worked hard, you want to put your money to work for you. Here are 6 money moves you can make to get the most bang for your buck and get on the path towards a bright financial future.

Cancel your car insurance

We've got bad news. You could be wasting $500 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 FinanceBuzz can tell you if you're overpaying for your car insurance in just a few clicks. We match drivers with companies that report saving drivers up to $500 or more per year when they save! Each driver’s savings will vary by driving history and how many discounts you’re eligible for. And once you try it out, you'll never have to look for affordable insurance again because we 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 $500. To find out if you're losing up to $500 or more a year, just enter your zip code here, answer a few questions and see if you're overpaying. It takes less than 2 minutes.

See if you're overpaying

Get out of $10,000 or more in debt

If you have a lot of debt, getting out of it can feel stressful (and nearly impossible). Here’s the problem: the longer you put off tackling it, the harder it gets to fix. If you don’t take control of it early on, it can add undue stress to your life for years. But what if there was a way to get out of debt once and for all?

National Debt Relief could help. If you have more than $10,000 in debt from credit cards, medical bills, collections, or personal loans, their representatives might be able to assist you in consolidating your debt into one low monthly payment.

Best of all? There are zero fees until your debt is resolved, and you could be debt-free in 24-48 months. To get started, just answer a few simple questions. It only takes 30 seconds to see if you qualify!

Try National Debt Relief

Take this quiz to see if you can retire early

Do you know if you can retire early? One of the best ways to find out is by speaking with a financial advisor. With the right moves and a little work, you could potentially retire years earlier.

But there’s one problem.

Where do you even find a financial advisor? And how do you know you can trust them?

Our advice: Take this quiz. In just a few short questions, it can help you find qualified vetted financial advisors who serve your area based on their cost and specialty.

You even earn 3 free consultations with each of your matches, so you can compare them 3 and be fully prepared to pick a financial advisor that’s right for you.

Take the quiz

Earn a $200 cash rewards bonus with this incredible card

When it comes to rewards credit cards, sorting through the hundreds of options can be overwhelming. And if you’re new to credit cards, the idea of juggling multiple cards or monitoring ever-changing spending categories can be downright stressful.

That’s why the Wells Fargo Active Cash® Card Rates and Fees is such a smart choice. You can earn unlimited 2% cash rewards on eligible purchases  — easy! That's one of the best cash rewards options available. 

Plus, new cardholders can get a one-time cash rewards bonus$200 cash rewards bonus after spending $1,000 in the first 3 months. Use your card just for essentials at the gas station or grocery stores, and you can easily meet the spending requirement.

The best part? There's no annual fee.

Click here to apply now

Pay no interest until June 2024

Imagine getting a break from paying credit card interest.  You could dramatically change your financial picture with this industry-leading low-interest card - the BankAmericard® credit card.

If you want to kick high-interest credit card debt to the curb, this is one of the best get-out-of-debt cards available. Transfer your high interest debt to this card with an intro APR on balance transfers and purchases. (See terms for APR details.) Your payments can go directly to paying down your balance without incurring a pile of additional charges. That could save you hundreds of dollars in interest!

The best part? There's no annual fee.

Click here to Apply Now

Don't let home repairs drain your bank account

Did you know if your air conditioner stops working, your homeowner’s insurance won’t cover it? Same with plumbing, electrical issues, appliances, and more. Not being able to make repairs could leave you in a bad situation — but a home warranty could protect you against surprise expenses.

Whether you’re a brand-new homeowner or you’ve owned your home for years, a plan from Choice Home Warranty could pick up the slack where homeowner’s insurance falls short.

If a covered system in your home breaks down, you can call their hotline 24/7 for assistance to get it repaired. They have a network of over 15,000 technicians that can assist you, making sure any issue can be taken care of swiftly — without breaking the bank.

Not sure if it’s for you? Rest easy: they were named one of the "Best Home Warranty Companies" by US News 360 Reviews and were awarded Best Company's 2020 Consumer's Choice Award. For a limited time, you can get your first month free when you sign up for a Single Payment home warranty plan.

Get a free quote

  • You could save up to $500 with some companies
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