6 Hidden Financial Leaks That Are Costing You Thousands — and How To Fix Them
By Laura Bogart
When it comes to your money, you’d like to think you run a tight ship. You put a portion of every paycheck into a high-yield savings account. You shop smart at grocery stores, and you’re no stranger to a thrift store. You even set up autopay for most of your bills.
And yet, there still may be a few financial leaks in that ship.
The reality is, even the most careful savers can be unknowingly losing money. These hidden financial leaks might not seem like much on their own, but over time, they can drain your wealth.
Fortunately, once you identify them, plugging these holes can be simple. Here’s how to fix them.
1. You’re Overpaying by Up to $1,025 a Year on Car Insurance
When you were shopping for a new car, you conducted CIA-level research to be sure you were getting the best deal. No feature went unexamined. But most people don’t put that same level of effort into finding car insurance. The truth is, you’re probably overpaying — by a lot.
To pump the brakes on this excess spending, it’s time to find a new insurance plan.
Fortunately, Insurify makes comparing car insurance simple and efficient — and it can save you up to $1,025 a year. You can quickly browse policies from some of the most respected providers all in one place. After entering basic details about your car and background, you’ll get customized quotes you can review from the comfort of your own home.
There’s room for you on the superhighway of Insurify shoppers who have lowered their yearly premiums by up to $1,025, contributing to more than $44 million in collective savings every year.
Ready to cut your car insurance bill? It’s easy to get started here and see how much you can save.
2. Unexpected Home Repairs That Can Cost You Thousands
Sure, you got a great deal on that washing machine or dishwasher. But is it really such a steal if you’re not covered when it breaks down? Without a warranty, you could end up spending hundreds — or even thousands — on repairs or replacements.
That’s why savvy homeowners rely on American Home Shield. They practically invented the home warranty industry back in 1971, and they’re still going strong today, with multiple Consumer Affairs Buyers Choice Awards under their belt.
American Home Shield covers the vital appliances and systems in your home. Instead of shopping around for someone who can help you — who could easily take advantage of your emergency and overcharge you — all you need to do is contact American Home Shield. It’s that easy.
You’ll be connected with a professional from the American Home Shield network of trained experts who are prepared and eager to help you resolve your issue and get back to life as you know it. It doesn’t matter if you’ve got old appliances or brand new ones, your American Home Shield warranty plan covers repairs or replacements.
Don’t wait for something to break — get started here to protect your appliances.
3. Drafty Windows That Lead to Higher Utility Bills
You walk past the window and feel a draft — even though it’s closed. All you know is you want to be comfortable in your own home. So you crank the thermostat and brace for an energy bill that’ll really make you sweat. Your old, inefficient windows could be costing you hundreds in extra heating and cooling costs each year.
With Renewal by Andersen, you can swap out your old inefficient windows and even your doors for more energy efficient models that provide better insulation — while offering far cozier utility bills.
It’s easy to set up an in-home consultation with their design team who can guide you toward the right windows for your home. Stop letting money fly out the window — get started today and see how much you can lower your utility bill.
4. Costly Car Repairs (Because You Don’t Have the Right Warranty)
Cars cost a lot to maintain — and even more to replace. That’s why you want to keep yours as long as you can. And to do that, you need the right warranty coverage.
Endurance offers comprehensive auto protection plans to keep you on the road. Their team helps you find the right warranty plan, without overspending on coverage you don’t need.
Being hit with unexpected repairs can really drain your wallet. Endurance helps you mitigate those costs while providing a relatively smooth and stress-free claims process.
It only takes a few minutes to connect with a specialist and find the right coverage for you.
5. You’re Not Earning Money in Your Downtime — up to $500 a Month
You likely have a game or two you like to play on our phone during your free time. Wouldn’t it be nice to get paid real cash to play them instead? That’s exactly what a free site called Scrambly does — the average person earns $17 per day.
Scrambly works with developers who want to get their games and apps in front of new people, and they’re willing to pay you to try them. When you sign up, you can browse more than 150 free games and apps. Just find one you like and start getting paid.
You don’t need to play long, either — you can earn by playing just a few minutes at a time. And it’s all completely free. In fact, if you make an in-app purchase on a Scrambly-discovered app, they’ll give you cash back.
Once you earn $1, you can cash out instantly via PayPal, Visa, Amazon Google Play and Apple. More than 2 million people already use Scrambly, and the average person cashes out in just six minutes.
Ready to start pocketing up to $500 a month in extra cash just for playing free games on your phone? Get started here and see how much you can earn. Right now, you’ll even get a 500 coin signup bonus.
6. Unexpected Vet Bills for Your Furry Best Friend
That furry, or feathered, or even scaly friend is more than just a pet — they’re family. But just like your human family members, they’re subject to accidents and illnesses, and those medical expenses can add up — quickly. You’d do anything for them, including raiding your savings account, if something ever happened to them.
Fortunately, you don’t have to. Embrace Pet Insurance can help you cover costs for veterinary care, including ER vet care, so you don’t have to choose between your wallet and your beloved pet’s health.
Embrace offers insurance options that can even cover pets with a variety of medical histories, including pets with curable “pre-existing conditions” — if your pet remains asymptomatic and treatment-free for a year, Embrace will cover that condition if it returns. In the event that the condition isn’t curable, Embrace will still cover them for other, unrelated health issues — even dental care.
Embrace offers a more dynamic range of features than its competitors, including 24/7 pet telehealth visits. That will come in handy when your dog gets into something they shouldn’t, or your cat starts making that noise, after your vet’s office closes.
Be prepared for the unexpected. Get your free quote from Embrace today.
Bottom Line
You can run the tightest ship financially and still have hidden financial leaks. The good news is, plugging these money drains can be easier than you might think.
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