7 Money Moves For Couples Who Want To Grow Together
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There are a whole bunch of money moves that could strengthen your financial position. Rather than keeping these secrets to yourself, why not share them with those who are closest to you, so that they can grow and save their money, too?
Whether you’re dating, engaged, married, or somewhere in between, there are plenty of ways for you and your significant other to get on the same page financially. Make these seven money moves and thrive together!
1. Help Protect Your Partner’s Financial Future By Leaving Them Up to $1,000,000
There are a few topics that couples rarely enjoy discussing. Life insurance is one of them. No one wants to imagine life without the other, yet it’s critical that you and your significant other make sure that you would be protected if tragedy were to strike.
Many underestimate how much money is needed to make up for their partner’s income and believe there will be plenty of time to get life insurance later. But life insurance is usually at its cheapest while you’re young; and since today is the youngest you’ll be, there’s no better time to get a quote!
And get this — the process of getting life insurance is made easy and painless through Bestow.
Bestow eliminates the need for paperwork, allowing you to get a quote in seconds and coverage in just minutes! Policies are also highly affordable, starting at roughly $16 a month. And since the entire process takes place online, you won’t even need to provide a medical exam or bloodwork.
Simply fill out a short questionnaire about your health to get free quote in 60 seconds from Bestow. In no time, you could have up to $1,000,000 in coverage for your family!
2. Get Rid of Your Current Mortgage (& Live in Home Bliss)
If you and your partner fork out a big chunk of change to pay the mortgage each month, it might be time to refinance. Refinancing is the process of replacing your mortgage with a new loan that, ideally, has a better interest rate and terms. Because interest rates are always changing, there could be a loan out there right now that saves you thousands on your home!
Refinancing is made easy through Credible, a marketplace that allows you to find multiple new loan options in just three minutes. The service is free to use, and you’ll even be able to lean on the company’s non-commissioned Client Success Team if you have any questions along the way. Once you find the right loan for you, Credible will provide you with all loan documents to complete online.
To get the process started today, fill out Credible’s short questionnaire and check out top refinance rates that are available to you — with no impact to your credit score!
3. Get Rid of Your Auto Insurance Company (& Enjoy Your Rides Together)
Are you or your partner paying way too much for car insurance? Perhaps a recent ticket or accident has caused your rate to spike. Maybe you’re settling for your current rate because you think it’s your only option. Whatever the case, you might be able to find a better rate and make the switch with a service like EverQuote.
EverQuote is a marketplace that allows you to compare multiple auto insurance options in just two minutes! It’s free to use and drivers could save hundreds on their auto insurance each year.
Finding an affordable auto policy doesn’t have to be painful. Fill out EverQuote’s short questionnaire today and get your new rates online without even picking up the phone!
4. Eliminate Your Credit Card Debt Today ( & And Don’t Let The Debt Hold You Back)
Most couples have some type of debt, and credit card debt is among them. Between the two of you, you might have thousands of dollars in debt, with interest accruing by the day. Getting a personal loan with a lower interest could help you tackle that debt faster. Even if you’re a rare debt-free couple, you might still be in need of additional funds to renovate your home or go on vacation. And Credible is a great place for a personal loan for any reason.
Credible is an online loan marketplace that helps people find personal loans with competitive interest rates and terms, so that you can lower your payments and save money. Loans range from as little as $1,000 to as much as $100,000.
Credible will show you up to 11 personal loan options competing for your business, and its Best Rate Guarantee will give you $200 if you find a better rate elsewhere.
See your rates in 2 minutes with Credible and find top personal loan options for you and your partner!
5. Protect Your Home Valuables (& Don’t Fight About the Expense)
If you and your partner want to protect your home and all of your possessions, a home or renters insurance policy will help you do just that. The problem is, these policies can be costly. Are you currently paying too much? EverQuote can help you find out in just a couple of minutes.
Whether you own a home, live in an apartment, or elsewhere, EverQuote will help you find multiple options to compare in one place. In addition to the savings you might enjoy just by switching companies, you could even save an average of 15% by bundling property and auto insurance!
And all you need to do is fill out EverQuote’s short questionnaire. They take it from there, connecting you to insurers and finding you the best rates!
6. Don’t Fight Over Budgeting, Let This App Do The Dirty Work
Couples often struggle to save money. With countless bills to pay and all sorts of expenses to account for, it can be difficult to keep track of your budget and find areas to save. But now, there’s an easier way — Digit.
Think of Digit as your very own personal budgeting and saving assistant. Here’s how it works: you tell Digit what your financial goals are, as well as the different things you’re saving for, and the app will help you get it done by analyzing your spending and automating your saving.
Take advantage of a free 30-day trial with Digit today and check out just how much money it can help you and your partner save!
7. Make Art, Not War (By Investing In it)
Couples often want a way to invest in their future together. Instead of buying beautiful art for your home (which you can do as well), why not take a spin at investing in top art pieces.
Investing in assets like blue-chip artwork — which, according to Artprice, has outperformed the S&P by more than 250% from 2000 – 2018, might be a better way
to safeguard your money in a fluctuating economy.
For years, blue-chip artwork was an area that only the super-rich could get involved in. But Masterworks has made it so that anyone can invest in top-tier
Here’s how it works. On the platform, you can invest in a portfolio of iconic works that have been carefully crafted by Masterworks’ team of research professionals. You can wait for Masterworks to sell the artwork at some point during the next 3-10 years, or you have the option to sell your shares to other investors on Masterworks’ secondary market.
You’ll only need to pay a small management fee, and in return, you’ll get all administrative costs covered, professional storage, insurance, regulatory filings, and
To start investing, simply request an invite for a free membership today!
Double Down on Your Finances By Making Money Moves Together!
What’s better than making money moves alone? Making them together! With these eight money moves, you can combine your efforts and start improving your finances as a team.
By keeping each other accountable and pushing each other to keep moving forward, you’ll be amazed at just how far your money can go!